ESG integration – Benefits Canada.com

2021 GIC coverage: The evolution of ESG investing

Gideon Scanlon — Tue, 09 Nov 2021 11:49:46 +0000

The recent emphasis on environmental, social and governance issues among pension investors will continue to dominate industry conversations in the future, according to a panel discussion with three high-profile figures in Canada’s investment sector during the 2021 Global Investment Conference. “If I could rename ESG, it would be GES,” said Alain Malaket, chief executive officer […]

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Caisse investing in crypto lending platform, aligning corporate lending program with ESG performance

Gideon Scanlon — Tue, 12 Oct 2021 17:00:15 +0000

The Caisse de dépôt et placement du Québec is entering the digital currency sector by joining a US$400 million investment round for a cryptocurrency earning and borrowing platform. Alberta-based WestCap Group Inc. is the other co-lead investor in the funding round for Celsius Network, a blockchain-based investment platform aimed at high-net-worth retail and institutional investors. Read: AIMCo […]

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Caisse, CPPIB, PSP focusing on ESG, sustainable finance with new initiatives

Jennifer Paterson — Mon, 04 Oct 2021 19:00:19 +0000

More than 20 financial organizations in Quebec, including the Caisse de dépôt et placement du Québec and the Public Sector Pension Investment Board, are joining forces to tackle the climate emergency. The initiative, the Statement by the Quebec Financial Centre for a Sustainable Finance, aims to affirm Quebec’s leadership in sustainable finance and the financial institutions’ […]

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Ontario Teachers’ abstains from vote to re-elect female board member

Gideon Scanlon — Tue, 14 Sep 2021 17:00:07 +0000

To push for greater female representation on a corporate board, the Ontario Teachers’ Pension Plan withheld its support for the re-election of a female board director during a shareholder vote. During the annual general meeting of network management software developer Netscout Systems Inc., the pension fund’s proxy refrained from voting on a measure to re-elect […]

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ESG integration hampered by pension plan sponsors, uncertainty around fiduciary duties: research paper

Gideon Scanlon — Thu, 02 Sep 2021 13:00:43 +0000

Board and executive-level efforts to integrate environmental, social and governance issues into pension plans’ investment strategies are frequently thwarted by unclear guidance from plan sponsors and uncertainty about fiduciary duties, according to a new working paper by the University of Pennsylvania. The paper concluded that efforts to implement ESG criteria in investment decision-making are frequently hamstrung […]

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Caisse, CPPIB not addressing scale of climate crisis in investments: think tank

Gideon Scanlon — Thu, 12 Aug 2021 13:00:35 +0000

The Caisse de Dépôt et Placement du Québec and the Canadian Pension Plan Investment Board’s investments “do not reflect the action needed to address the scale of the climate crisis,” according to a new report by the Canadian Centre for Policy Alternatives. The report, which reviewed the two organizations’ oil and gas investments between 2016 and […]

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A look at the different paths to ESG integration in DC plans

mschmit — Fri, 08 May 2020 04:56:55 +0000

With environmental, social and governance issues becoming more prominent among investors, it’s important to consider what sustainability means for DC plans. Plan sponsors are facing somewhat conflicting objectives, said Christine Girvan, senior managing director and head of Canadian distribution at MFS Investment Management, during a session at Benefits Canada‘s 2020 DC Plan Summit in Montreal […]

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Has the ESG vs. fiduciary duty debate turned its final corner?

mschmit — Thu, 31 Oct 2019 03:29:26 +0000

A plethora of overlapping terms can make a conversation about responsible investing something of a minefield. While there are many terms that are used interchangeably, there are slight differences to them, said Liza McDonald, head of responsible investment at First State Super, in a video series hosted by Willis Towers Watson’s Thinking Ahead Institute. For […]

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