net zero emissions – Benefits Canada.com https://uat-cumulus.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 16 Jan 2025 20:41:36 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 OMERS committing to net zero, UPP facing divestment calls from university staff https://uat-cumulus.benefitscanada.com/canadian-investment-review/strategies/omers-committing-to-net-zero-upp-facing-divestment-calls-from-university-faculty-staff/ Mon, 29 Nov 2021 14:00:44 +0000 https://www.benefitscanada.com/?p=112398 The Ontario Municipal Employees Retirement System is the latest pension plan to commit to net-zero greenhouse gas emissions across its total portfolio by 2050. In a press release, the OMERS said its path to net zero will be informed by the annual calculation and public disclosure of its total portfolio carbon footprint. The release also […]

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]]> COP26 highlighting importance of ESG, disclosure for institutional investors https://uat-cumulus.benefitscanada.com/canadian-investment-review/strategies/cop26-highlighting-importance-of-esg-disclosure-for-institutional-investors/ Thu, 11 Nov 2021 14:00:11 +0000 https://www.benefitscanada.com/?p=111352 As talks at the 2021 United Nations Climate Change Conference winds down, 2022 is poised to become the “show me” year for environmental, social and governance factors and sustainability measures, says Eugene Lundrigan, president of Sun Life Capital Management Inc. This year’s conference, dubbed COP26, brought world leaders and thousands of delegates from participating countries to Glasgow, […]

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]]> Employers focusing on employee-oriented interventions to reach climate goals: survey https://uat-cumulus.benefitscanada.com/news/bencan/employers-focusing-on-employee-oriented-interventions-to-reach-climate-goals-survey/ Wed, 10 Nov 2021 13:00:51 +0000 https://www.benefitscanada.com/?p=111246 More than four in 10 (43 per cent) employers have implemented, started to implement or are considering climate metrics for their executive incentive plans, while another 27 per cent may consider these in the future, according to a new survey by Willis Towers Watson. The survey, which polled more than 90 North American companies, found nearly half […]

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]]> Net-zero transition offering opportunities for Canadian pension sector: report https://uat-cumulus.benefitscanada.com/canadian-investment-review/strategies/net-zero-transition-offering-opportunities-for-canadian-pension-sector-report/ Wed, 10 Nov 2021 13:00:28 +0000 https://www.benefitscanada.com/?p=111263 Canada’s $4 trillion pension sector could enjoy immense commercial benefits by aligning with the transition to net-zero emissions and helping to mobilize $140 billion of low carbon investments per year, according to a new report by Corporate Knights, the Natural Step Canada and the Smart Prosperity Institute. It found Canada’s 12 largest pension fund managers […]

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]]> 2021 GIC coverage: Institutional investors proliferating net-zero commitments https://uat-cumulus.benefitscanada.com/canadian-investment-review/strategies/2021-gic-coverage-institutional-investors-proliferating-net-zero-commitments/ Tue, 09 Nov 2021 11:59:18 +0000 https://www.benefitscanada.com/?p=109145 As more companies shift to net-zero commitments in the face of climate change, institutional investors play a key role in proliferating the practice through where they invest their clients’ money, said Lloyd McAllister, head of environmental, social and governance research at Newton Investment Management, during a session at the 2021 Global Investment Conference. However, he […]

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]]> Glasgow Financial Alliance for Net Zero grows to $US130 trillion in global commitments https://uat-cumulus.benefitscanada.com/canadian-investment-review/strategies/glasgow-financial-alliance-for-net-zero-grows-to-us130-trillion-in-global-commitments/ Wed, 03 Nov 2021 13:15:13 +0000 https://www.benefitscanada.com/?p=110812 More than 450 financial institutions across 45 countries are committing over US$130 trillion in private capital to transform the global economy to net zero over the next three decades. The Glasgow Financial Alliance for Net Zero, which was launched in April 2021, introduced 24 major initiatives for the 2021 United Nations Climate Change Conference, or […]

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]]> UTAM committing to fully divesting from fossil fuels by 2030 https://uat-cumulus.benefitscanada.com/canadian-investment-review/strategies/utam-committing-to-fully-divesting-from-fossil-fuels-by-2030/ Thu, 28 Oct 2021 13:00:18 +0000 https://www.benefitscanada.com/?p=110438 The University of Toronto is the latest institution committing to the divestment movement, saying Wednesday it will sell off all fossil fuel investments in its $4 billion endowment fund by the end of 2030 to help fight climate change. The commitment by its investment manager, the University of Toronto Asset Management Corp., includes divesting from all direct investments […]

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]]> Institutional investors demand corporate action on climate change, just transition for Indigenous peoples https://uat-cumulus.benefitscanada.com/news/cir-news-news/institutional-investors-demand-corporate-action-on-climate-change-just-transition-for-indigenous-peoples/ Tue, 26 Oct 2021 17:00:50 +0000 https://www.benefitscanada.com/?p=110223 A number of Canadian institutional investors are urging corporations to begin addressing climate change risks and opportunities in order to receive their investment dollars. Some 36 institutional investors, including Bâtirente, the British Columbia Investment Management Corp., the Caisse de dépôt et placement du Québec, the Investment Management Corp. of Ontario, the Ontario Pension Board and the […]

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]]> Institutional investors teaming up to promote net-zero economy https://uat-cumulus.benefitscanada.com/canadian-investment-review/strategies/institutional-investors-teaming-up-to-promote-net-zero-economy/ Thu, 14 Oct 2021 13:00:51 +0000 https://www.benefitscanada.com/?p=109415 Canadian pension funds are among the institutional investors participating in Climate Engagement Canada, a new initiative to promote a net-zero economy. The initiative, which is coordinated by several investor networks, is launching with 27 institutional investors that collectively manage more than $3 trillion in assets, according to a press release. The participating pension funds include […]

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]]> Caisse promising to divest from oil production by end of 2022 https://uat-cumulus.benefitscanada.com/canadian-investment-review/strategies/caisse-promising-to-divest-from-oil-production-by-end-of-2022/ Tue, 28 Sep 2021 17:00:36 +0000 https://www.benefitscanada.com/?p=108587 The Caisse de dépôt et placement du Québec is planning to completely divest from oil production — roughly one per cent of its total portfolio or about $3.9 billion based on the size of its net assets as of June 30 — by the end of 2022, as part of its new climate change strategy. […]

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