ESG – Benefits Canada.com

Climate risk, energy transition presenting institutional investors with long-term opportunities

lbailey — Tue, 22 Oct 2024 13:00:47 +0000

Climate risk and energy transition present huge investment opportunities for pension plan sponsors seeking to invest for the long term, said Bertrand Millot, head of sustainability at the Caisse de dépôt et placement du Québec, speaking during a panel session at an event hosted by the United Nations’ principles for responsible investment in Toronto earlier […]

The post Climate risk, energy transition presenting institutional investors with long-term opportunities appeared first on Benefits Canada.com.

2024 Risk Management Conference: Long-term returns of sustainable private market assets outweighing short-term risks

lbailey — Mon, 21 Oct 2024 11:56:53 +0000

Sustainable investing needs to take a much more nuanced approach today than it did in the past, according to Edward Vaughan Dixon, head of sustainability and private markets at Aviva Investors, during the Canadian Investment Review’s 2024 Risk Management Conference. Environmental, social and governance strategies should result in a holistic view of the risks behind a […]

The post 2024 Risk Management Conference: Long-term returns of sustainable private market assets outweighing short-term risks appeared first on Benefits Canada.com.

Caisse investing $60 million in private equity fund, launching U.S. sustainable real estate financing program

bmcgovern — Wed, 16 Oct 2024 19:00:11 +0000

The Caisse de dépôt et placement du Québec is investing $60 million in the first round of a private equity fund created by BDG & Partners Financial Corp. The fund, which has so far raised $240 million, aims to acquire controlling interests of Canadian mid-sized companies operating in manufacturing, food, distribution and specialized services, according […]

The post Caisse investing $60 million in private equity fund, launching U.S. sustainable real estate financing program appeared first on Benefits Canada.com.

BCI targeting methane emissions, board diversity: stewardship report

bmcgovern — Tue, 15 Oct 2024 13:00:17 +0000

The British Columbia Investment Management Corp. is focusing on methane emissions regulation and board diversity among its key environmental, social and governance policy initiatives, according to its inaugural stewardship report. In early 2024, the BCI responded to methane policy consultations by Environment and Climate Change Canada and the U.S. Environmental Protection Agency, said the report, noting […]

The post BCI targeting methane emissions, board diversity: stewardship report appeared first on Benefits Canada.com.

Feds moving ahead with sustainable investing guidelines, but details still scarce

bmcgovern — Fri, 11 Oct 2024 19:00:17 +0000

Finance Minister Chrystia Freeland said the federal government is moving ahead with guidelines around sustainable investing and corporate climate disclosures, but details on the plans are scarce. The move comes as a wide range of investors, asset managers and environmental groups have been pushing the government to roll out such guidelines, also known as green […]

The post Feds moving ahead with sustainable investing guidelines, but details still scarce appeared first on Benefits Canada.com.

City of Montreal navigating volatility driven by global equities

bmcgovern — Fri, 11 Oct 2024 12:54:36 +0000

As institutional investors’ results expectations continue to expand at a rampant speed, Errico Cocchi doesn’t want to get lost in overcomplicated investment trends. “At the end of the day you want to buy something that’s going to grow, that’s well managed and that has a good valuation,” says Cocchi, head of pension investments and debt […]

The post City of Montreal navigating volatility driven by global equities appeared first on Benefits Canada.com.

UN’s Net-Zero Asset Owner Alliance reflecting on five years of impact investing guidelines

bmcgovern — Thu, 10 Oct 2024 15:00:19 +0000

The United Nations’ Net-Zero Asset Owner Alliance is marking five years of encouraging institutional investors to implement science-based targets towards curbing greenhouse gas emissions in their portfolios. The network launched with just 12 investment organizations and now counts 88 members across 19 countries. Its members’ collective assets under management have nearly quadrupled since 2019, from […]

The post UN’s Net-Zero Asset Owner Alliance reflecting on five years of impact investing guidelines appeared first on Benefits Canada.com.

PIAC recommending flexible sustainability reporting framework for institutional investors

bmcgovern — Mon, 07 Oct 2024 13:00:59 +0000

The Pension Investment Association of Canada is recommending the development of a flexible framework to guide institutional investors’ sustainability reporting, while encouraging innovation and addressing greenwashing. In an open letter to the Competition Bureau, the PIAC said it would oppose any model that imposes disincentives on businesses disclosing strategy and process as it evolves. It argued that […]

The post PIAC recommending flexible sustainability reporting framework for institutional investors appeared first on Benefits Canada.com.

IMCO increasing investments in clean energy transition assets: report

bmcgovern — Thu, 03 Oct 2024 15:00:20 +0000

The Investment Management Corp. of Ontario has increased its stake in climate solution investments to 11.5 per cent of its portfolio, equivalent to $2.1 billion, according to a new sustainability report by the investment organization. It noted the IMCO is aiming to hold $5 billion in transition assets by 2027 and to deploy 20 per cent […]

The post IMCO increasing investments in clean energy transition assets: report appeared first on Benefits Canada.com.

86% of institutional investors adopting sustainable investing strategies: survey

bmcgovern — Tue, 24 Sep 2024 15:00:06 +0000

Roughly nine in 10 (86 per cent) institutional investors with assets under management of US$10 billion or more say they’re incorporating sustainable investments as part of their overall investment strategy, according to a new survey by FTSE Russell. The survey, which polled more than 300 asset owners across 15 counties, found the vast majority (90 per […]

The post 86% of institutional investors adopting sustainable investing strategies: survey appeared first on Benefits Canada.com.