Identifying language more commonly used by a certain gender could have bearing on data analysis of socially responsible investment choices. A new metric, formulated by alternative data firm Indexia, measures the relative male- or female-dominated nature of language used by a company. The metric was built through a process of analyzing millions of direct quotations from both […]
Four years after the Ontario Securities Commission introduced its comply-or-explain disclosure policy, Canada has seen measurable improvements in the number of women sitting on corporate boards. Among S&P/TSX composite index-listed companies, the percentage of women on boards has increased to nearly 25 per cent, up from just 11 per cent in 2013, according to a […]
The Canada Pension Plan Investment Board is facing pressure to divest from companies allegedly tied to human rights abuses in China. “I have constituents of mine who’ve come to see me over the past few weeks because they have family members who have been interned,” said Conservative MP Tom Kmiec at the House of Commons finance […]
A group of U.S. institutional investors, including public pension funds, representing more than US$1 trillion is calling on investee companies to do more to include people with disabilities in the workforce. “Disability inclusion provides businesses with a great opportunity to improve their bottom lines, while boosting diversity and innovation,” said one of the statement’s signatories, […]
A group of 55 New Zealand and global institutional investors representing more than NZ$5 trillion in assets under management have added their support to the Christchurch Call. The initiative, spearheaded by New Zealand Prime Minister Jacinda Ardern and French President Emmanuel Macron, was launched at a summit attended by world leaders in Paris on Wednesday. […]
The large majority of global investors in alternative asset classes believe the United Nation’s sustainable development goals are tools that can help the investment industry address urgent environmental and social issues, according to new research by LGT Capital Partners. In a survey of more than 200 institutional investors, including pensions, endowments and insurers from 28 countries, 91 per […]
As the British Columbia Investment Management Corp. released its 2018 annual responsible investing report, it also announced it made the list of the top 25 most responsible asset allocators. The 25 most responsible asset owner list was released by the New America’s Responsible Asset Allocator Initiative, which was announced at the World Bank’s annual spring […]
A New Democratic Party member of parliament is proposing to legislate responsible investing into the mandate of the Canadian Pension Plan Investment Board. Alistair MacGregor, the MP for the British Columbia riding of Cowichan-Malahat-Langford, has drafted a bill to amend section 35 of the CPPIB Act to prevent the board from investing in companies that have […]
Seventy per cent of Canadians said they think it’s important to invest in companies with strong environmental, social and governance performance, according to a new study by Mackenzie Investments. While a majority of survey respondents said they believe socially responsible investing is important, just 31 per cent hold ethical investments. Among those who don’t, one-third said they […]
As pension plans are engaging more often as active shareholders, some companies are beginning to chafe. One instance of pushback came after the the New York State Common Retirement Fund co-sponsored a proposal with the Church of England’s endowment fund requesting that Exxon Mobil Corp. include short-, medium- and long-term greenhouse gas reduction targets aligned with […]