non-financial disclosure – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 22 Nov 2024 22:16:07 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Canadian pension leaders urging sustainability regulator to modify new disclosure guidelines https://www.benefitscanada.com/news/cir-news-news/canadian-pension-leaders-urging-sustainability-regulator-to-modify-new-disclosure-guidelines/ Thu, 18 Jul 2024 13:00:01 +0000 https://www.benefitscanada.com/?p=158200 In an open letter, leaders from Canada’s biggest pension funds are asking the Canadian Sustainability Standards Board to reconsider a two-year relief period granted to companies around non-climate disclosures. “Where sustainability-related factors are material, they have the potential to present material financial impacts to companies’ performance and is important information for boards and investors,” read […]

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]]> Pension investment organizations backing consolidated sustainability standards in joint statement https://www.benefitscanada.com/canadian-investment-review/strategies/pension-investment-organizations-backing-consolidated-sustainability-standards-in-joint-statement/ Thu, 29 Jun 2023 16:30:59 +0000 https://www.benefitscanada.com/?p=140562 The leaders of 11 of Canada’s largest public sector pension investment organizations are calling on companies to adopt a new framework that would consolidate existing disclosure standards, including those from the sustainability accounting standards board and the task force on climate-related financial disclosures. The framework, which was set out by the International Sustainability Standards Board, […]

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]]> CPPIB’s annual report greenwashing investment strategies, says watchdog https://www.benefitscanada.com/canadian-investment-review/strategies/cppibs-annual-report-greenwashing-investment-strategies-says-watchdog/ Thu, 01 Jun 2023 16:30:40 +0000 https://www.benefitscanada.com/?p=139161 The Canada Pension Plan Investment Board’s latest annual report greenwashes its investment strategies, according to Shift Action for Pension Wealth and Planet Health. “[A close reading] of its 2023 annual report shows Canada’s national pension manager continues to obscure its exposure to and prolongation of the fossil fuel economy while failing to understand that its […]

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]]> New report highlights BCI’s 2022 ESG achievements https://www.benefitscanada.com/canadian-investment-review/strategies/new-report-highlights-bcis-2022-esg-achievements/ Thu, 27 Apr 2023 16:30:20 +0000 https://www.benefitscanada.com/?p=137081 The British Columbia Investment Management Corp. is leveraging its size and influence to drive environmental, social and governance improvements across its portfolio, according to the investment organization’s 2022 ESG annual report. “We believe, as do our clients, that ESG matters, makes a difference and translates to meaningful distinctions in a company’s ability to generate long-term […]

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]]> Caisse on track to reach net-zero goals: report https://www.benefitscanada.com/canadian-investment-review/strategies/caisse-on-track-to-reach-net-zero-goals-report/ Tue, 18 Apr 2023 16:30:25 +0000 https://www.benefitscanada.com/?p=136732 The Caisse de dépôt et placement du Québec is on track to have a net-zero portfolio by 2050, according to the organization’s latest sustainable investing report. In 2022, the carbon intensity of the Caisse’s portfolio was 53 per cent lower than its 2017 baseline level, a four per cent improvement over the previous year. As […]

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]]> AIMCo revealing details of ESG integration process: report https://www.benefitscanada.com/canadian-investment-review/strategies/aimco-revealing-details-of-esg-integration-process-report/ Thu, 06 Apr 2023 16:30:55 +0000 https://www.benefitscanada.com/?p=136188 The Alberta Investment Management Corp. is revealing details of how environmental, social and governance factors are used alongside traditional financial analysis in its investment strategy. According to its first standalone report on ESG integration, the AIMCo first screens potential investments against exclusion guidelines set forth by each of its clients, a group that includes nine […]

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]]> 2022 IIC coverage: Building the UPP’s ambitious climate action plan https://www.benefitscanada.com/canadian-investment-review/post-event-coverage/2022-iic-coverage-building-the-upps-ambitious-climate-action-plan/ Mon, 16 Jan 2023 12:49:22 +0000 https://www.benefitscanada.com/?p=131821 “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 […]

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]]> AIMCo receives perfect grade for ESG performance in real estate https://www.benefitscanada.com/canadian-investment-review/strategies/aimco-receives-top-grades-for-esg-performance-in-fixed-income-real-estate-portfolios/ Thu, 22 Dec 2022 14:00:52 +0000 https://www.benefitscanada.com/?p=131897 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 […]

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]]> AIMCo-financed carbon emissions down 9% in 2021 https://www.benefitscanada.com/canadian-investment-review/strategies/aimco-financed-carbon-emissions-down-9-in-2021/ Tue, 06 Dec 2022 17:00:55 +0000 https://www.benefitscanada.com/?p=130764 The Alberta Investment Management Corp.’s total financed carbon dioxide emissions fell nine per cent in 2021, according to its annual climate disclosure. According to figures released by the investment organization, its portfolio financed the release of about 424,300 tonnes of carbon dioxide, down from about 466,300 tonnes the previous year. For each million dollars invested […]

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]]> PSP Investments lays out details of responsible investment strategy https://www.benefitscanada.com/canadian-investment-review/strategies/psp-investments-detailing-responsible-investment-strategy-in-inaugural-report/ Mon, 14 Nov 2022 14:00:54 +0000 https://www.benefitscanada.com/?p=129729 The Public Sector Pension Investment Board is revealing details about its responsible investment strategy in a new report. PSP Investment’s responsible investment report highlights its efforts to integrate material environmental, social and governance factors into its investment process. It also includes a climate-related financial disclosure based on the recommendations of the task force on climate-related […]

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