sustainable investing – Benefits Canada.com

Institutional investors set to increase focus on ESG: survey

mdunne — Thu, 25 Nov 2021 14:00:34 +0000

Almost two-thirds (62 per cent) of pension funds and other institutional investors expect to increase their focus on environmental, social and governance factors over the next three years, according to a new survey for SigTech. Pureprofile Pty Ltd., which surveyed 100 pension funds and institutional investors across Asia, Europe and North America, found that, while […]

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Glasgow Financial Alliance for Net Zero grows to $US130 trillion in global commitments

Jennifer Paterson — Wed, 03 Nov 2021 13:15:13 +0000

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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Institutional investors demand corporate action on climate change, just transition for Indigenous peoples

Gideon Scanlon — Tue, 26 Oct 2021 17:00:50 +0000

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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UPP building on jointly governed pension model with a pandemic launch

lbailey — Fri, 17 Sep 2021 12:53:24 +0000

When the University Pension Plan officially launched in July 2021, it did so with Barbara Zvan as its inaugural president and chief executive officer. Fresh from a 25-year career with the Ontario Teachers’ Pension Plan, she was appointed by the UPP’s board of trustees in July 2020. While most of the foundational work had been […]

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UPP naming CIO, senior managing director of private markets

Gideon Scanlon — Thu, 16 Sep 2021 14:30:08 +0000

The University Pension Plan is appointing Aaron Bennett (pictured left) as its first chief investment officer. In his new role, Bennett will be responsible for establishing an innovative, risk-optimized investment strategy designed to offer retirement security to plan members and promote responsible investing, according to a press release. Read: UPP naming Christophe L’Ahelec director of external manager program […]

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Study finds surge in institutional investors’ allocations to thematic sustainable investments

Gideon Scanlon — Thu, 19 Aug 2021 13:00:41 +0000

The number of institutional investors using thematic sustainable investment strategies grew by about 20 per cent between 2016 and 2020, according to a new study by the U.K.-based data and analytics firm Coalition Greenwood. Sustainable thematic investment strategies are ones that target areas of investment where social or environmental needs create business opportunities. According to […]

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IMCO investing in British low-carbon energy provider, PSP in disruptive tech fund

Gideon Scanlon — Tue, 10 Aug 2021 13:00:46 +0000

The Investment Management Corp. of Ontario is acquiring a British power provider that specializes in the use of low-carbon technologies. Green Frog Power Ltd., which builds and operates power stations throughout the U.K., is working toward a long-term goal of bringing hydrogen gas into the country’s existing gas distribution network. The acquisition comes as GFP […]

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Manulife Financial linking executive team goals to climate action

lbailey — Tue, 11 May 2021 19:00:14 +0000

Manulife Financial Corp. is linking its executive team goals to the company’s climate action plan, including committing to a net-zero focus by reducing emissions operationally, adopting sustainable investing practices and developing solutions that contribute to climate change mitigation. Members of the organization’s executive leadership team already have performance goals linked to diversity, equity and inclusion, employee engagement […]

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BCI developing climate-change, decision-making tools for institutional investors

lbailey — Wed, 28 Apr 2021 13:00:12 +0000

The British Columbia Investment Management Corp. is partnering with the University of Victoria-led Pacific Institute for Climate Solutions to co-develop decision-making tools and frameworks for integrating climate change risk evaluation and climate mitigation opportunities into investment portfolios. “Acting in the best financial interests of our clients requires us to think long-term about the opportunities and […]

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TC Energy decarbonization response to Keystone setback unlikely to sway ESG investors

mschmit — Tue, 19 Jan 2021 08:03:16 +0000

THE CANADIAN PRESS Sustainable investing experts say TC Energy Corp.’s plan to decarbonize the Keystone XL pipeline is unlikely to save its fortunes, as a growing movement to divest from fossil fuels gains political clout. U.S. President-elect Joe Biden intends to sign an executive order on inauguration day to rescind the presidential permit for the […]

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