Environmental, social and governance factors have a role to play in the smart beta strategies that institutional investors have become more familiar with in recent years, according to an investment manager who spoke at a seminar in Toronto on Thursday. When creating an index, exposure to environmental, social and governance factors can work just like any other […]
Recent weeks and months have seen a rise in activity around pension fund divestment from carbon assets. This month, the City of New York announced a plan to divest from fossil fuels within its five pension funds. In doing so, it joins pension plans in Washington, Berlin and Cape Town, as well as funds at the University […]
Some of the world’s largest institutional investors are throwing their weight around on behalf of mother earth. A group called Climate Action 100+, which is comprised of 225 institutional investors with more than US$26 trillion in assets under management, has launched a program to engage with the world’s largest corporate greenhouse gas emitters, encouraging the companies to step up […]
Are Canadian issuers ready for Moody's new focus on climate change risk?
Company takes steps to address climate change
The Desjardins Group is going carbon neutral as part of several actions the company plans to address climate change. In a release, the company pointed to its aim of supporting the transition to cleaner energy as well as pushing for the businesses it invests in to adopt ideal environmental, social and governance practices. “As a financial co-operative, […]
Quebec-based packaging company Cascades Inc. has launched a pilot electric vehicle project to encourage employees to reduce their greenhouse gas emissions. The company, which produces and sells packaging and tissue products that are composed mainly of recycled fibres, is offering a $2,000 financial incentive for all employees who acquire an electric vehicle in the next year. […]
Challenges and opportunities in the Age of Trump
Caisse seeks 50% boost to low-carbon investment under new green-focused strategy
How well pension funds evaluate and manage its impact will affect returns short- and long-term.