Canada’s fledgling cannabis companies should implement strong governance protocols and show they’re attempting to address material environmental and social risks to grow their base of institutional investors. Speaking on Friday at a panel discussion on cannabis companies and governance practices nearly a year after legalization, Michelle de Cordova, a principal at ESG Global Advisors Inc., […]
With the rise in socially responsible investing and quantitative strategies, are institutional investors that incorporate environmental, social and governance factors making markets less efficient and increasing mispricing signals? The link between socially responsible investing and the efficacy of signals used by quantitative investors is explored in a new working paper by Jie Cao, associate professor […]
Norway’s largest pension fund, Kommunal Landspensjonskasse, is divesting its holdings in five oil sands companies, four of which were Canadian. KLP’s stake in Canadian firms Cenovus Energy Inc., Husky Energy Inc., Imperial Oil Ltd., Suncor Energy Inc. and Russian company Tatneft PAO was a combined US$58 million, with US$33 million in equity and US$25 million in bonds. […]
The majority (85 per cent) of global investment professionals said responsible investing is at least somewhat important to their organization, up from 68 per cent in 2018, according to a new survey by Aon. The survey found this growth occurred across all geographic regions and institutional investor types, including corporate pension plans, public pensions, defined […]
The majority (85 per cent) of global investment professionals said responsible investing is at least somewhat important to their organization, up from 68 per cent in 2018, according to a new survey by Aon. The survey found this growth occurred across all geographic regions and institutional investor types, including corporate pension plans, public pensions, defined […]
A group of institutional investors, including numerous large Canadian defined benefit pension plans, has released a handbook outlining their experiences implementing the recommendations from the task force on climate-related financial disclosures. The Canadian plans include the Alberta Investment Management Corp., the Caisse de dépôt et placement du Québec, the Canada Pension Plan Investment Board, the […]
A group of institutional investors, including numerous large Canadian defined benefit pension plans, has released a handbook outlining their experiences implementing the recommendations from the task force on climate-related financial disclosures. The Canadian plans include the Alberta Investment Management Corp., the Caisse de dépôt et placement du Québec, the Canada Pension Plan Investment Board, the […]
The Canadian Institute of Actuaries is asking financial stakeholders to take climate risks more heavily into account. In a letter addressing Canada’s governments, corporations and investors, the institute said quantifying and disclosing the financial impacts of climate change are key actions that will help mitigate the rise in global temperatures and will help Canadians adapt […]
While many institutional investors understand that climate change poses risks to their portfolios, it can be difficult to nail down how to combat it. For a Canadian portfolio manager, looking over a selection of stocks from mining to utilities to forestry, it can be a daunting task to discern which material risks exist, said Blair […]
With pension portfolios continuing to diversify globally, the practical and political decisions made by heads of state matter to institutional investors more than ever. But it’s a tall order to measure the risks around these decisions. In response to increasing demand for reliable data, Sustainalytics is revamping its risk ratings system for sovereign fixed income […]