low carbon economy – Benefits Canada.com

How Canada’s large pension funds are approaching green investment disclosures

bmcgovern — Fri, 09 Aug 2024 12:56:54 +0000

Institutional investors are disclosing the environmental impact of their assets through increasingly sophisticated sustainability reports that use the latest disclosure metrics. While some of Canada’s largest pension funds are at the forefront of how to leverage responsible investment mandates and attempt to enact change through leadership in global organizations, the shortcomings of data reporting standards […]

The post How Canada’s large pension funds are approaching green investment disclosures appeared first on Benefits Canada.com.

73% of OPB plan members want ESG considerations included in investment decisions: survey

bmcgovern — Thu, 25 Apr 2024 13:00:08 +0000

Roughly seven in 10 (73 per cent) Ontario Pension Board plan members believe environmental, social and governance factors should play a critical role in the plan’s investment considerations, according to a new survey included in the investment organization’s inaugural ESG report. The survey, which polled roughly 10,000 plan members, found nearly two-fifths (39 per cent) of […]

The post 73% of OPB plan members want ESG considerations included in investment decisions: survey appeared first on Benefits Canada.com.

Transition to low carbon economy highlighting climate risks for pension plans: CAPSA

bwolfe — Mon, 27 Jun 2022 13:00:00 +0000

The potential impact of a disorderly transition to a low carbon economy is a top factor driving financial market regulators to accelerate and focus their efforts on climate-related risks, said Tamara DeMos, chair of the Canadian Association of Pension Supervisory Authorities’ environmental, social and governance committee and managing director of private pensions. Speaking during the […]

The post Transition to low carbon economy highlighting climate risks for pension plans: CAPSA appeared first on Benefits Canada.com.

Bâtirente on pace to reach 2025 climate goals

Gideon Scanlon — Tue, 02 Nov 2021 13:00:56 +0000

One year into a five-year plan to reduce its investments in greenhouse gas-emitting companies by 50 per cent, the Bâtirente is on pace to reach its target. Last year, the defined contribution pension fund announced a number of environmental commitments it intended to reach by 2025, including a pledge to reduce its exposure to climate-related […]

The post Bâtirente on pace to reach 2025 climate goals appeared first on Benefits Canada.com.

Institutional investors demand corporate action on climate change, just transition for Indigenous peoples

Gideon Scanlon — Tue, 26 Oct 2021 17:00:50 +0000

A number of Canadian institutional investors are urging corporations to begin addressing climate change risks and opportunities in order to receive their investment dollars. Some 36 institutional investors, including Bâtirente, the British Columbia Investment Management Corp., the Caisse de dépôt et placement du Québec, the Investment Management Corp. of Ontario, the Ontario Pension Board and the […]

The post Institutional investors demand corporate action on climate change, just transition for Indigenous peoples appeared first on Benefits Canada.com.

Bank of Canada governor says country needs to pick up pace on tackling climate change

mschmit — Wed, 18 Nov 2020 05:49:48 +0000

Canada’s top central banker is making a plea for the country to more quickly address the impacts of climate change to avoid any economic ripple effects on households and businesses. Tiff Macklem made the case in a speech Tuesday that Canada’s financial system needs to become as resilient to climate change as it has been […]

The post Bank of Canada governor says country needs to pick up pace on tackling climate change appeared first on Benefits Canada.com.

How are institutional investors weighing the risks, opportunities of the energy transition?

mschmit — Fri, 27 Mar 2020 03:21:57 +0000

If climate change represents one of the largest systemic risks the global economy has ever faced, dealing with its ramifications is going to move a lot of money. The world’s youth have taken to the streets calling on their governments for massive, co-ordinated policy change, but it hasn’t yet manifested. Any piecemeal regulatory shifts suffer […]

The post How are institutional investors weighing the risks, opportunities of the energy transition? appeared first on Benefits Canada.com.

Fonds de solidarité FTQ to integrate MSCI World Low Carbon ESG Target Screened Index

mschmit — Tue, 11 Dec 2018 03:59:11 +0000

As part of an effort to reduce the carbon footprint of its public investments by 25 per cent between now and 2025, the Fonds de solidarité FTQ has announced it will integrate the MSCI World Low Carbon ESG Target Screen Index. This makes the Fonds de solidarité FTQ the first investor to announce integration with this index. […]

The post Fonds de solidarité FTQ to integrate MSCI World Low Carbon ESG Target Screened Index appeared first on Benefits Canada.com.

A “Climate Aware” Default Fund for UK’s NEST

mschmit — Mon, 27 Feb 2017 07:00:25 +0000

Will we see more products like this in the Canadian pension space?

The post A “Climate Aware” Default Fund for UK’s NEST appeared first on Benefits Canada.com.