As part of its plan to address environmental, social and governance factors, the Caisse de dépôt et placement du Québec has released its first stewardship investing report. The report outlined the Caisse’s strategic actions on key issues like climate change, corporate governance, women in business and international taxation. “We’ve been integrating ESG factors into our investment processes for […]
New guidance surprises many in the industry
The Ontario Teachers’ Pension Plan is part of an investor group that has reached an agreement to recapitalize Toronto-based environmental services company GFL Environmental Holdings Inc. In an effort led by private equity firm BC Partners LLP, the transaction implies a total GFL value of about $5.1 billion. The company is a North American provider of diversified environmental services, […]
While North American investors have traditionally perceived environmental, social and governance factors as a way of injecting personal philosophy into business practices, Japan’s business community has recently — and suddenly — begun to implement the concept and its uses in a different way. “What’s really evolved is a different set of ESG criteria,” says Linda-Eling […]
The mass shooting news cycle isn’t going away. In the wake of the Parkland, Fla., shooting in February, hundreds of thousands of protesters descended upon Washington for the March For Our Lives, a show of force aimed at generating support from U.S. lawmakers to take action on gun control. Just this past Tuesday, a young […]
When it comes to decarbonization, context is all.
The Canada Pension Plan Investment Board is acquiring six Canadian wind and solar power projects from Florida-based NextEra Energy Partners for $741 million. The projects includes two wind and four solar operations in Ontario with a total capacity of 369 megawatts. Under the transaction, affiliates of NextEra Energy will continue to manage the projects’ operations. “This opportunity to […]
Incorporating environmental, social and governance factors into investment decisions is more than a niche practice for specialized funds and, in fact, has become a competitive advantage for asset managers, says Dominique Barker of CIBC Asset Management Inc. “It’s not just for socially responsible investing funds that have negative screening. It’s for all investments and [helps to […]
When it comes to environmental, social and governance factors, investors are confronted by an alphabet soup of acronyms that can make it tough to determine which tools to use. But Meg Starr, vice-president at Goldman Sachs Asset Management, says investors need to be clear about their objectives first and foremost and understand they don’t have to sacrifice […]
Fundamentals should drive decision-making.