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 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 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 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 […]
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 Public Sector Pension Investment Board has $64.9 billion invested in green assets, compared to $48.9 billion in fiscal 2023, according to the investment organization’s latest sustainability report. It found in addition to green assets, PSP Investments has roughly $11.5 billion in transition assets, defined as investments that have committed to make a substantial contribution […]
Stewardship guidelines are helping institutional investors address climate risks and safeguard their investment in the long run, says Brian Minns, managing director of responsible investing at the University Pension Plan of Ontario. “We need stewardship as [a way of] protecting the investments that we have and trying to enhance their value over time for our beneficiaries. […]
The Alberta Investment Management Corp. says there has been declining support for shareholder proposals linked to environmental and social factors, while support has increased for governance proposals centred around shareholder rights, according to the investment organization’s latest stewardship report. It cited increased scrutiny of ESG issues as a factor in the decline and noted the AIMCO […]
Institutional investors are disclosing the environmental impact of their assets through increasingly sophisticated sustainability reports that use the latest disclosure metrics. While some of Canada’s largest pension funds are at the forefront of how to leverage responsible investment mandates and attempt to enact change through leadership in global organizations, the shortcomings of data reporting standards […]
Amid an increasingly volatile global economy, many institutional investors are employing innovative investment strategies to deliver returns, but Suncor Energy Inc. views a methodical adoption of new trends as key to plan stability. A conservative approach and a balanced portfolio has allowed Suncor to deliver sustainable contributions and growth to its pension plans. At the […]