A U.S. environmental group is making a direct appeal to Canadians for help in persuading the Canada Pension Plan Investment Board to end its investment in a Colorado-based oil and gas company due to safety and pollution concerns. In a five-minute YouTube video by an organization called 350 Colorado, residents of Boulder ask Canadians to […]
Despite the chance for a surprise Donald Trump victory in November’s U.S. presidential election, the country’s markets are locking in pricing on the assumption of a Joe Biden win, according to a webinar hosted by Franklin Templeton Investments Corp. on Tuesday. For Canadian institutional investors, the biggest impact of a Biden administration could eventually be felt […]
Manulife Investment Management Holdings (Canada) Inc. has been named to the Principles for Responsible Investment’s PRI leaders’ group 2020 in recognition of its ‘cutting edge’ practices in climate reporting, one of 36 signatories honoured this year. In its assessment, the PRI awarded Manulife Investment Management an A+ in the areas of strategy and governance, equity […]
As Canadian institutional investors increasingly integrate environmental, social and governance factors into their portfolios, the majority (97.5 per cent) said they believe these portfolios are likely to perform as well or better than non-ESG integrated portfolios, according to a new survey by RBC Global Asset Management Inc. The majority (70 per cent) of survey respondents said […]
Willis Towers Watson is appointing Tony Rooke as director of climate transition risk in the organization’s climate and resilience hub. In the new role, Rooke will drive WTW’s client guidance on climate transition risk disclosure, management and opportunities. Read more People Watch news With more than 22 years of global experience in climate change, sustainability, strategy, advisory […]
The Canadian Investment Review launched the first annual Pension Leadership Awards in 2020 to recognize and award leading plan sponsors across several categories who are on the leading edge of pension investments. Over the past few months, a panel of expert judges has reviewed the nominations. We are pleased to announce the finalists for this […]
A third (33 per cent) of institutional investors that haven’t yet incorporated environmental, social and governance factors into their investment decisions said they’re considering it, according to a new survey by investment consulting firm Callan. The annual survey, which polled 102 U.S. institutional investors this summer, found the percentage is the highest rate of ESG interest in […]
The Canada Pension Plan Investment Board has formally outlined its expectations for portfolio companies when it comes to environmental, social and governance issues in a new section of its latest annual report on sustainable investing. “To build trust with portfolio companies, we find it helpful to share our expectation of them with respect to considering […]
The Chartered Financial Analyst Institute is looking to more deeply examine the financial industry’s role in mitigating climate change. In a new report, the CFA Institute examined how investors can engage with the issue of climate change. It noted a recent survey of its members found 40 per cent of respondents incorporate climate change information […]
The Caisse de dépôt et placement du Québec and multi-stage investment firm S2G Ventures are creating a co-investment partnership whereby the Caisse will invest up to US$125 million over the next three years in ventures that aim to make the food and agriculture industry more sustainable and climate friendly. “By enabling investments in ventures and […]