The Pension Investment Association of Canada is urging the Canadian Securities Administrators to work closely with its international counterparts to ensure consistency in regulations on climate-related disclosure. In an open letter to the Ontario Securities Commission, the PIAC called on the CSA to align its climate regulations with the U.S. Securities and Exchange Commission and […]
During history’s turning points, fortune favours the innovators. As the world moves beyond the coronavirus pandemic and the global workforce entrenches the improved labour conditions it created, the need for businesses to welcome new ideas is at an apex. At the 2022 Investment Innovation Conference at the Fairmont Scottsdale Princess in Scottsdale, Ariz. on Nov. […]
Climate change presents an ongoing challenge to institutional investors’ allocations to domestic corporate bond, according to Soami Kohly, fixed income portfolio manager at MFS Investment Management, speaking during a session at the Canadian Investment Review‘s 2022 Investment Innovation conference. “The way that we think about [environmental, social and governance issues] is that it’s just another […]
Reduced investment in the fossil fuel sector will lead to higher energy prices, encouraging the development of transition technologies, according to Mark Lacey, head of global resource equities and global thematics at Schroders, during a session at the Canadian Investment Review‘s 2022 Investment Innovation Conference. “We’ve been through a massive divestment period that’s been exaggerated […]
Environmental, social and governance investment strategies can improve a portfolio’s ability to generate alpha, according to Patrick Vizzone, managing director of global private equity at Franklin Templeton, speaking during a session at the Canadian Investment Review‘s 2022 Investment Innovation Conference. “Impact investing is sometimes regarded as being a drag on financial returns, but we believe […]
Four major misconceptions about fixed income impact investing have taken root in the minds of many institutional investors, according to Matt Lawton, fixed income portfolio manager of global impact credit strategy at T. Rowe Price, during a session at the Canadian Investment Review‘s 2022 Investment Innovation Conference. The first, he noted, is that investors can’t […]
“As the preceding presentations showed quite clearly, the climate is changing and the impact won’t have a linear correlation with temperature rises,” said Aaron Bennett, chief investment officer of the University Pension Plan, during a session at the Canadian Investment Review’s 2022 Investment Innovation Conference. This once controversial position underpinned the $11-billion multi-employer defined benefit […]
The Canada Pension Plan Investment Board is appointing Kristen Walters as senior managing director and chief risk officer. In the role, Walters will be responsible for the investment organization’s global risk management functions, including overseeing a strategy to better incorporate risk perspectives into all investment and operational processes, according to a press release. Prior to […]
The Alberta Investment Management Corp. has received a top grade in a survey of the environmental, social and governance integration and performance of signatories of the United Nations’ principles of responsible investing in 2021. The PRI, an organization founded by a group of institutional investment organizations, launched the pilot survey to track the ESG performance […]
As concerns about climate change and the need for sustainable development grows, carbon credits are becoming increasingly attractive to institutional investors. Carbon credits are a form of tradable permit that allows companies or governments to offset their greenhouse gas emissions. They work by supporting initiatives that reduce carbon dioxide and other harmful pollutants in the […]