In advance of the climate change conference in Katowice, Poland this month, 415 global institutional investors signed a statement reiterating their support for the Paris climate agreement, noting the actions that various global governments must urgently take. Among the investors, which represent US$32 trillion in assets under management, the Canadian signatories include the Caisse de dépôt et […]
Capital allocated to sustainable, responsible and impact investing now accounts for around a quarter of total assets under professional management in the U.S., according to a new survey by the US SIF Foundation. In 2018, that represented US$12 trillion, a 38 per cent increase on US$8.7 trillion in 2016, which has been largely driven by asset managers. […]
A few decades ago, people were concerned about the depleting ozone layer. Then, in the late 1980s, the Montreal Protocol was ratified to phase out ozone-depleting substances. Fast forward to today: the ozone hole is shrinking and is expected to completely close by 2060. “That says to me that if you get policymakers, business leaders […]
As climate change restructures the Canadian Arctic year by year, institutional investors should be paying attention to this all but undeveloped economy, according to one expert. “For those that live there, the dominant narrative is about how climate change is remaking the Arctic from a frozen periphery to an area of immense geographic and economic […]
When it comes to de-risking and finding opportunities related to climate, PGGM is taking steps to reduce the carbon footprint of its portfolio companies and find new investment opportunities without making concessions on returns, said Eloy Lindeijer, chief investment management member of the executive committee of the Dutch pension fund service provider PGGM. Speaking at […]
As climate change restructures the Canadian Arctic year by year, institutional investors should be paying attention to this all but undeveloped economy, according to one expert. “For those that live there, the dominant narrative is about how climate change is remaking the Arctic from a frozen periphery to an area of immense geographic and economic […]
A few decades ago, people were concerned about the depleting ozone layer. Then, in the late 1980s, the Montreal Protocol was ratified to phase out ozone depleting substances. Fast forward to today. The ozone hole is shrinking and is expected to completely close by 2060. “That says to me that if you get policy makers, […]
The International Centre for Pension Management has released a guide for integrating climate change considerations into investment processes. “The ICPM climate change guide is unique from others of its kind because it was written by asset owners for asset owners,” said Deborah Ng, director of strategy and risk at the Ontario Teachers’ Pension Plan and […]
Canadian institutional investors with stakes in fossil fuel companies can be held as much accountable for continued and escalating carbon emissions as the producer organizations, according to a report by the Centre for Policy Alternatives. While widely held Canadian fossil fuel companies aren’t controlled by a single institutional investor, they do own large chunks of equity, the report found. […]
The Canada Pension Plan Investment Board is emphasizing the issue of gender composition on investee companies’ boards in its latest sustainable investing report. With this fifth area of focus joining climate change, water, human rights and executive compensation, the CPPIB is aiming to address the issues of gender diversity in relation to long-term investment. In 2017, the pension fund voted on measures at 45 […]