greenhouse gas emissions – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 21 Nov 2024 20:48:06 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 IMCO increasing investments in clean energy transition assets: report https://www.benefitscanada.com/canadian-investment-review/research-markets/imco-increasing-investments-in-clean-energy-transition-assets-report/ Thu, 03 Oct 2024 15:00:20 +0000 https://www.benefitscanada.com/?p=160941 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 […]

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]]> PSP Investments’ green assets increased to $64.9BN in fiscal 2024: report https://www.benefitscanada.com/canadian-investment-review/strategies/psp-investments-green-assets-increased-to-64-9bn-in-fiscal-2024-report/ Thu, 19 Sep 2024 15:00:05 +0000 https://www.benefitscanada.com/?p=160291 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 […]

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]]> Greenhushing possibly a temporary trend in institutional investment space: expert https://www.benefitscanada.com/canadian-investment-review/strategies/greenhushing-possibly-a-temporary-trend-in-institutional-investment-space-expert/ Tue, 21 May 2024 15:00:47 +0000 https://www.benefitscanada.com/?p=155772 Greenhushing — the withholding of sustainability milestones and other environmental investment goals by institutional investors and investee companies — is a trend that could already be on the way out, says Mary Jane McQuillen, head of environmental, social and governance investing at ClearBridge Investments, a subsidiary of Franklin Templeton Investments. The effects of greenhushing are expected […]

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]]> AIMCo creates $1 billion fund for energy transition, Caisse backs aircraft financing platform https://www.benefitscanada.com/canadian-investment-review/alts/caisse-backs-aircraft-financing-platform-ontario-teachers-acquires-french-logistics-assets/ Thu, 01 Feb 2024 16:00:33 +0000 https://www.benefitscanada.com/?p=151301 The Alberta Investment Management Corp. is setting up a new $1 billion fund to invest in energy transition and decarbonization efforts, according to a report by the Globe and Mail. The new fund will specifically target industrial decarbonization, carbon capture, sustainable fuels, renewable energy production, electrification and energy storage and efficiency. However, the launch of the fund […]

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]]> Vestcor reduced carbon exposure in investment portfolios in 2022 https://www.benefitscanada.com/canadian-investment-review/research-markets/vestcor-reduced-carbon-exposure-in-investment-portfolios-in-2022/ Thu, 09 Nov 2023 16:00:33 +0000 https://www.benefitscanada.com/?p=146751 Vestcor Inc. reduced the carbon exposure to several of its portfolios throughout 2022, according to its annual responsible investing report. The New Brunswick-based investment organization reported its Canadian, global and emerging markets portfolios all saw declines in carbon exposure by nine per cent, 13 per cent and nine per cent, respectively. The portfolios also retained […]

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]]> Market share of responsible investing AUM increases to 49% in 2023: report https://www.benefitscanada.com/canadian-investment-review/strategies/market-share-of-responsible-investing-aum-increases-to-49-in-2023-report/ Thu, 26 Oct 2023 13:00:10 +0000 https://www.benefitscanada.com/?p=145912 The market share of responsible investment assets under management rose slightly in 2022, from 47 per cent to 49 per cent, even as AUM in general decreased, according to the Responsible Investment Association’s annual trends report. The report tracks the national trends and outlook for responsible investing by surveying asset managers, including the Alberta Investment […]

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]]> University Pension Plan’s assets declined 9.1% in 2022, led by public equities https://www.benefitscanada.com/canadian-investment-review/cir-news/university-pension-plans-assets-declined-9-2-in-2022-led-by-public-equities/ Tue, 13 Jun 2023 13:00:19 +0000 https://www.benefitscanada.com/?p=139706 The University Pension Plan posted 9.1 per cent losses in 2022, according to its annual report. During the year, the jointly sponsored defined benefit pension plan’s assets declined from $11.8 billion to $10.8 billion. The plan finished the year with a solvency ratio of 103.3 per cent, down from 111 per cent at the end […]

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]]> HOOPP recognizes Canadian property managers for climate leadership https://www.benefitscanada.com/canadian-investment-review/strategies/hoopp-recognizes-canadian-property-managers-for-climate-leadership/ Tue, 06 Jun 2023 16:00:31 +0000 https://www.benefitscanada.com/?p=139413 The Healthcare of Ontario Pension Plan is recognizing the property managers of nine Canadian buildings among the winners of its Leadership in Environmental Advancement Program awards. The LEAP awards, which were launched in 2011, recognize property managers of buildings in the pension organization’s property portfolio for efforts related to energy conservation and greenhouse gas emission […]

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]]> New York City pension funds calling for absolute GHG emission targets at RBC https://www.benefitscanada.com/canadian-investment-review/strategies/new-york-city-pension-funds-calling-for-absolute-ghg-emission-targets-at-rbc/ Wed, 25 Jan 2023 20:00:32 +0000 https://www.benefitscanada.com/?p=133043 New York City comptroller Brad Lander and three of the city’s pension funds are offering shareholder proposals calling on several banks — including the Royal Bank of Canada — to disclose absolute greenhouse gas emissions targets for 2030. The shareholder proposals, which request a report within one year, call for an absolute reduction target aligned […]

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]]> HOOPP unveils updated plans to reduce emissions in real estate portfolio https://www.benefitscanada.com/canadian-investment-review/alts/hoopp-unveils-updated-plans-to-reduce-emissions-in-real-estate-portfolio/ Tue, 07 Jun 2022 16:30:35 +0000 https://www.benefitscanada.com/?p=122382 The Healthcare of Ontario Pension Plan is planning to reduce the greenhouse gas emissions of its $20 billion real estate portfolio. According to a new report on the pension fund’s website, the HOOPP is committing to reducing its real estate portfolio’s greenhouse gas emissions entirely by 2050 for assets under its control. To do this, […]

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