While there’s a lot of noise and confusion around environmental, social and governance factors, it comes down to delivering value for investors in terms of better risk-adjusted returns, said Aaron White, CIBC Asset Management Inc.’s vice-president of sustainable investments, during a session at Benefits Canada‘s 2023 DC Plan Summit. Part of the confusion around the topic, he […]
With eight billion people consuming the planet’s resources, assets such as clean energy and sustainable agriculture are becoming increasingly important to institutional investors, said John Cook, senior vice-president, portfolio manager and co-lead of the Greenchip team at Mackenzie Investments, during a session at Benefits Canada‘s 2023 DC Plan Summit. Each year, it takes roughly 13.5 billion tons […]
While a third (34 per cent) of U.S. defined contribution pension plan sponsors say they’re studying decumulation solutions and another 15 per cent are in the process of evaluating or implementing one more than a quarter (27 per cent) say decumulation isn’t a topic of interest or need, according to a new survey by consultancies […]
The majority (61 per cent) of global institutional investors are considering increasing their allocations to exchange-traded funds in the next year, down significantly from 82 per cent in 2022, according to a survey by Brown Brothers Harriman & Co., a private investment bank. The survey, which polled 325 global institutional investors, including institutional investors and […]
The British Columbia Investment Management Corp. is filing a shareholder proposal calling for Imperial Oil Ltd. to disclose more information about its climate risks. The motion calls for the Canadian petroleum company to disclose its accounting assumptions related to climate change and the energy transition. According to a press release, the BCI’s aim is for […]
The Ontario Teachers’ Pension Plan’s Asian public equity portfolios will be managed by a high conviction equities group based in Toronto. “In considering the optimal model to invest at scale in global public equity markets, we recently made the decision to concentrate the active stock picking activities in our high conviction equities group under our […]
More than half (54 per cent) of employees without a workplace retirement savings plan — including 77 per cent of millennials — say they’d participate in an employer-sponsored plan if it offered emergency savings features, according to a new survey by Natixis Investment Managers. The survey, which polled more than 700 U.S. employees, also found nearly three-quarters […]
As countries seek to reach net-zero carbon emissions targets by 2050, demand for buildings to be retrofit to improve energy efficiency will more than double, according to a new report from the Ontario Teachers’ Pension Plan that highlights several aspects of its sustainable investment strategy. “The good news is that the expertise and technology required […]
An article on why a higher salary is the No. 1 reason employees are searching for a new job was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. 40% of Canadian workers say they aren’t fairly paid: survey 2. 45% of Canadian autistic employees feel […]
As world markets contend with supply chain issues stemming from climate change, the coronavirus pandemic and Russia’s invasion of Ukraine, environmental, social and governance considerations are slowly taking a more prominent role in pension funds’ risk assessments. In particular, Canadian pension funds are taking a progressive approach to ESG investing. Many have become signatories of […]