A growing number of institutional investors believe integrating environmental, social and governance factors into their portfolios can help generate alpha, according to a new survey by RBC Global Asset Management Inc. This represents a major jump, from 24 per cent in last year’s survey to 38 per cent this year. On the other hand, 20 per […]
The British Columbia Investment Management Corp. has published its investment plan for tackling climate change. Motivated by its clients’ interest in thoroughly understanding their exposure to climate change risk and opportunity, the plan outlines four core activities: managing risk, integration, seeking out opportunities and engaging and advocating. It will also comply with recommendations from the Financial Stability Board’s […]
Institutional investors that divested from fossil fuels in the past five years didn’t do so at the expense of returns, according to new data by Genus Capital Management Inc. The firm’s 2018 divestment report, which looked at the returns gained by its Fossil Free CanGlobe equity fund, showed it beat its own benchmark and the Canadian stock market […]
While investing sustainably is still a relatively minor factor in institutional investment decisions, global investors expect it to continue to grow in importance, according to new research by Schroders. “Investors clearly recognize that investing sustainably is going to be more and more important going forward, but this approach is yet to sit at the heart of their […]
Aon has developed a ratings system to more closely scrutinize how fund managers integrate environmental, social and governance issues into their investment strategies. The system begins with a proprietary questionnaire, followed by an examination of the manager’s responsible investing policy, should one exist, as well as its active ownership actions, stewardship policies and its ability to demonstrate how it’s previously applied the […]
The Public Sector Pension Investment Board, alongside Pattern Energy Group Inc., is completing the acquisition of a wind power facility about 50 kilometres south of Quebec City. Pattern Energy, which will operate the facility, has taken on a 51 per cent interest for about $52 million, with the PSP taking on the remaining 49 per cent. […]
The majority of impact investors said their investments have met their expectations for both impact (82 per cent) and financial (76 per cent) performance since inception, according to a report by the Global Impact Investment Network. The report, which surveyed 229 investment stakeholders, including pension funds, insurance companies, fund managers and foundations, also found 50 per cent of survey participants made […]
Very few American pension funds are incorporating environmental, social and governance issues, according to a new survey by NEPC Investment Consultants. Just 12 per cent of participants said they’re incorporating ESG factors into their investment manager selection process, while 59 per cent said they aren’t and 29 per cent said they aren’t but they’re interested in doing so. The majority […]
Climate Action 100+ is ramping up its action on climate change by highlighting a further 61 companies for institutional investors to focus on. The group is comprised of 225 global investors with more than US$26 trillion in assets under management, including several Canadian pension funds, such as the British Columbia Investment Management Corp., the British Columbia Municipal […]
Since the British Columbia Investment Management Corp. is the fourth largest pension fund manager in Canada, it’s important to consider whether it’s investing its resources in a way that aligns with the country’s commitment to the Paris Agreement, according to a new report by the Canadian Centre for Policy Alternatives. BCI isn’t investing with the goals […]