The Caisse de dépôt et placement du Québec is teaming up with New York-based non-profit Clean, Renewable and Environmental Opportunities Family Office Syndicate to allocate more towards climate-related investments. The partnership is consistent with the Caisse’s commitment to leverage knowledge of best practices and market intelligence with other investors seeking new opportunities around climate change, according to […]
The Caisse de dépôt et placement du Québec is teaming up with New York-based, non-profit Clean, Renewable and Environmental Opportunities Family Office Syndicate to foster more capital towards climate-related investments. CREO is a group of global family offices interested in investing towards the transition to an environmentally friendly economy, with particular focus on clean energy, […]
Limiting global warming is essential to institutional investors, according to a new report by Mercer Canada. The report models three different scenarios, examining the impact of average warming of two, three and four degrees Celsius over three timeframes: 2030, 2050 and 2100. For both investors and the planet, limiting warming to two degrees is ideal, […]
After exceeding its target for low-carbon assets in 2018, the Caisse de dépôt et placement du Québec is now aiming to boost its low-carbon holdings to $32 billion by 2020, according to its second annual stewardship investing report. In 2017, the pension fund started with $18 billion in low-carbon assets in its portfolio and raised that to […]
One of the Caisse de dépôt et placement du Québec’s investment priorities is addressing climate change, said Stephen Kibsey, the plan’s vice-president of emerging risks, speaking at the CFA Society Toronto’s annual spring pension conference on March 28. Specifically, the Caisse has a plan to reduce its portfolio’s total carbon intensity across all asset classes […]
Since publicly listed equities usually make up the largest portion of institutional investor portfolios, it’s critical they aren’t left out of impact investing, said Deirdre Cooper, portfolio manager for global environment at Investec Asset Management Ltd. With the energy transition away from carbon-intensive sources already underway, a massive amount of capital still needs to be deployed to fully address […]
While Canada’s public and private pension plans are a vital player in the transition to a lower carbon economy, they’re only one component, with other financial market participants, such as banks, insurers and asset managers, must also play a role, according to the Pension Investment Association of Canada. In a letter commenting on a report by an […]
Though the term ‘corporate social responsibility’ varies across companies and countries, it’s generally considered to be a form of organizational self-regulation focusing on an employer’s approach to sustainability across a variety of topics, such as environmental efforts, human rights, corporate governance, health and safety and economic development. Unilever’s sustainable living plan sets out ambitious targets […]
“Climate change is a weapon of mass destruction,” said Sandra Carlisle, head of responsible investment at HSBC Global Asset Management, at a panel hosted by the Responsible Investment Association on Thursday. It’s critical that investors, who are thinking about how the impacts of climate change present a genuine risk, broaden their perspective to include the multifaceted […]
While many companies are aware of the United Nation’s sustainable development goals, with some mentioning them directly in their disclosure reporting, only 12 per cent of those referencing the goals actually set quantitative targets for meeting them, according to new research by PIMCO. The research, which analyzed how 246 companies interact with the framework of the sustainable development goals, […]