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 […]
The Public Sector Pension Investment Board and Aviva Investors are jointly funding a new office building in Cambridge, England. The six-storey building has been fully pre-let to a flexible workspace provider, according to a press release that noted construction is expected to be completed in 2023. It’s the latest investment in Cambridge real estate by […]
Demand for defined benefit pension plan sponsors to focus on environmental, social and governance factors through their investments is growing. Both plan sponsors and members have been increasingly vocal about keeping ESG issues top of mind. For example, the Healthcare of Ontario Pension Plan has worked on balancing this increased appetite for ethical investing with an overall […]
The Caisse de dépôt et placement du Québec is part of a $53-million round of Series C funding for AddEnergie Technologies Inc., a Quebec-based operator of electric vehicle charging stations. The Caisse initially invested in the company in 2016 and again in 2019, alongside partners. This round of funding included MacKinnon, Bennett & Co. Inc., […]
The University of Toronto Asset Management Corp. is making significant progress toward its goals on climate change, according to its fourth annual responsible investing report. In terms of its goal to reduce the carbon footprint of its pension and endowment portfolios by at least 40 per cent compared to 2017 levels by the end of 2030, […]
Despite the chance for a surprise Donald Trump victory in November’s U.S. presidential election, the country’s markets are locking in pricing on the assumption of a Joe Biden win, according to a webinar hosted by Franklin Templeton Investments Corp. on Tuesday. For Canadian institutional investors, the biggest impact of a Biden administration could eventually be felt […]
Manulife Investment Management Holdings (Canada) Inc. has been named to the Principles for Responsible Investment’s PRI leaders’ group 2020 in recognition of its ‘cutting edge’ practices in climate reporting, one of 36 signatories honoured this year. In its assessment, the PRI awarded Manulife Investment Management an A+ in the areas of strategy and governance, equity […]
As Canadian institutional investors increasingly integrate environmental, social and governance factors into their portfolios, the majority (97.5 per cent) said they believe these portfolios are likely to perform as well or better than non-ESG integrated portfolios, according to a new survey by RBC Global Asset Management Inc. The majority (70 per cent) of survey respondents said […]
Willis Towers Watson is appointing Tony Rooke as director of climate transition risk in the organization’s climate and resilience hub. In the new role, Rooke will drive WTW’s client guidance on climate transition risk disclosure, management and opportunities. Read more People Watch news With more than 22 years of global experience in climate change, sustainability, strategy, advisory […]
A third (33 per cent) of institutional investors that haven’t yet incorporated environmental, social and governance factors into their investment decisions said they’re considering it, according to a new survey by investment consulting firm Callan. The annual survey, which polled 102 U.S. institutional investors this summer, found the percentage is the highest rate of ESG interest in […]