Canada’s largest public pension funds are showing modest improvements on climate action but are moving too slowly overall, according to a new report by a climate advocacy group. The progress report from Shift Action for Pension Wealth and Planet Health found four of the 11 pension plans it examined still don’t have emissions reduction targets […]
A majority (91 per cent) of Canadian institutional investors say climate change is a leading concern within the environmental, social and governance space, according to a new survey by Millani. The survey, which polled more than 30 institutional investors with a total of $4.5 trillion in assets under management, found 47 per cent of respondents also […]
More than two-thirds of global employers view the lack of key talent and uncertain economic growth (68 per cent for both) as the top threats to their businesses, according to a survey by Russell Reynolds Associates. The survey, which polled more than 2,500 global board directors, C-suite leaders and next-generation leaders, found 62 per cent of […]
It takes time to measure the success of environmental, social and governance integration at a portfolio level, said Sam Tripuraneni, head of sustainable outcomes at Aviva Investors, during the Canadian Investment Review‘s 2023 Investment Innovation Conference in November. As successful ESG integration is purely about process, it’s important that ESG-integrated funds aren’t sold on the basis of […]
The OPSEU Pension Trust is targeting a 30 per cent reduction in its carbon footprint by 2030, according to its new climate change report. It found that since 2018, when the investment organization first launched its climate action plan, it has increased its exposure to federal and provincial green bonds to $550 million. OPTrust also expects […]
The market share of responsible investment assets under management rose slightly in 2022, from 47 per cent to 49 per cent, even as AUM in general decreased, according to the Responsible Investment Association’s annual trends report. The report tracks the national trends and outlook for responsible investing by surveying asset managers, including the Alberta Investment […]
The Canada Pension Plan Investment Board says it will meet its goal of holding $130 billion in green and transition assets by 2030, according to a new report by the investment organization. The CPPIB’s current green asset mix was $79 billion as at March 31, 2023, up 17.9 per cent year-over-year from $66 million. “We […]
During the launch of the University Pension Plan, Barbara Zvan, its president and chief executive officer, knew getting to know the plan’s members was vital to its goal of providing a strong, resilient fund that secured benefits for generations to come. To find out what was important to plan members, the UPP engaged them to find out […]
As sustainable investing continues to gain widespread acceptance among institutional investors, full integration is projected to surge in the next five years, according to a new study conducted by Coalition Greenwich and commissioned by AGF Investments. It found nine in 10 institutional investors in North America and Europe expect to be investing sustainably or working […]
Investments in low-carbon activities leading to positive environmental impacts make up 16.2 per cent of the Public Sector Pension Investment Board’s total assets under management, according to a new report by PSP Investments. A report reviewing the investment organization’s sustainability progress found its current green assets represent $48.9 billion. It credits its ‘green asset taxonomy’ […]