green bonds – Benefits Canada.com

BCI’s 2020 ESG report highlights sustainable bonds, investment guidelines

bwolfe — Mon, 07 Jun 2021 19:00:55 +0000

The British Columbia Investment Management Corp. is becoming “more intentional about” its ongoing environmental, social and governance efforts in the wake of the coronavirus pandemic, says Jennifer Coulson, vice-president of ESG and public markets for the investment manager. Its 2020 annual report highlights the BCIs’ expansion of its carbon footprint reporting to include all asset classes […]

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BCI setting climate-related investment targets for 2025

bwolfe — Wed, 24 Feb 2021 11:00:08 +0000

The British Columbia Investment Management Corp. is committing to five-year climate-related targets for its public markets program. The pension fund is targeting a cumulative $5-billion investment in sustainability bonds and a 30 per cent reduction of carbon exposure in its global public equities portfolio by 2025, according to a press release, which noted the targets […]

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Learn more about the Sustainable Investing Award finalists

mschmit — Wed, 25 Nov 2020 09:23:19 +0000

The Canadian Investment Review’s Sustainable Investing Award will be presented to a pension plan that has shown leadership and/or significant progress when it comes to incorporating sustainability into the investment process. This will consider sound practices related to environmental, social and governance matters across asset classes and can include considerations related to people management within […]

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Bank of Canada governor says country needs to pick up pace on tackling climate change

mschmit — Wed, 18 Nov 2020 05:49:48 +0000

Canada’s top central banker is making a plea for the country to more quickly address the impacts of climate change to avoid any economic ripple effects on households and businesses. Tiff Macklem made the case in a speech Tuesday that Canada’s financial system needs to become as resilient to climate change as it has been […]

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BCI’s QuadReal closes inaugural green bond senior note offering

mschmit — Mon, 27 Jul 2020 03:46:10 +0000

QuadReal Property Group, the real estate investment arm of the British Columbia Investment Management Corp., has issued $350 million of 1.747 per cent series-2 senior notes maturing July 24, 2030, through BCI QuadReal Realty. The issuance is BQR’s inaugural green bond offering. “On the back of a successful inaugural issuance and continuing low interest rate […]

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BCI’s QuadReal launches green bond framework

mschmit — Mon, 20 Jul 2020 03:38:28 +0000

QuadReal Property Group, the real estate investment arm of the British Columbia Investment Management Corp., is launching a green bond framework. The framework is for financing sustainable investment projects through BCI QuadReal Realty, which is the primary issuing entity of unsecured notes for the BCI’s real estate program Under the framework, net green bond proceeds […]

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Green, social and sustainability bond issuance expected to spike in 2020: report

mschmit — Wed, 05 Feb 2020 06:07:07 +0000

Green, social and sustainability bond issuance is set to jump by 24 per cent in 2020, according to new data from Moody’s Investor Service Inc. Moody’s is predicting issuances will climb to US$400 billion by the end of the year, up from US$323 billion in 2019. More specifically, the research anticipates green bond issuance will […]

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Nasdaq launches sustainable bond network

mschmit — Thu, 19 Dec 2019 04:03:50 +0000

The Nasdaq is launching a publicly available, web-based sustainable bond network. Bond issuers will be able to use the platform to voluntarily publish data and information on their sustainable offerings, aiming to give investors better ability to compare products. At the outset, the network will feature data from certain European and U.S. bond issuers, with […]

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PRI announces award winners

mschmit — Fri, 13 Sep 2019 06:25:35 +0000

The Principles for Responsible Investment has announced the winners of its inaugural awards. In the category of Active Ownership Project of the Year, Platform Living Wage Financials, a group of 11 financial institutions representing over 2.3 trillion euros in assets under management took the top spot, a case study posted on the PRI’s website said. […]

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Using green bonds to bridge sustainable development goal funding gap

mschmit — Thu, 07 Mar 2019 03:26:58 +0000

While 17 per cent of current investments by large public corporations are green, fewer than five per cent of corporate green investments in 2017 were financed by certified green bonds, which have the potential to play a bigger role, according to a report by Corporate Knights and the Climate Bonds Initiative. The report, which covered […]

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