Ontario Pension Board – 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.

OPB making key appointments to executive team as part of leadership transition strategy

bmcgovern — Fri, 26 Jul 2024 10:05:04 +0000

The Ontario Pension Board is making two senior executive appointments as part of its management transition plan. The organization is appointing Marc Rondeau (pictured right) as executive vice-president and chief pension officer and Mila Babic (pictured left) as executive vice-president and chief client services officer, effective Aug. 6, 2024. Rondeau will replace Darwin Bozek as […]

The post OPB making key appointments to executive team as part of leadership transition strategy 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.

OPB working with employers to receive salary information of employees impacted by Bill 124

bmcgovern — Tue, 12 Mar 2024 19:00:27 +0000

The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the decision of Ontario’s government to repeal Bill 124. In a communication to members, the investment organization said the changes could include “additional pension contributions for any retroactive wage adjustments.” Read: Ontario […]

The post OPB working with employers to receive salary information of employees impacted by Bill 124 appeared first on Benefits Canada.com.

OPB appointing Darwin Bozek as president, chief pension officer

bmcgovern — Tue, 28 Nov 2023 14:00:08 +0000

The Ontario Pension Board is appointing Darwin Bozek as president and chief pension officer, effective Feb. 1, 2024. He joins the OPB from the Alberta Pensions Services Corp., where he was president and chief executive officer. He’ll transition into the role of president and CEO under the mentorship of current CEO Mark Fuller, who’ll step down […]

The post OPB appointing Darwin Bozek as president, chief pension officer appeared first on Benefits Canada.com.

Canadian pensions sign pledge to tackle anti-Black systemic racism

mschmit — Fri, 24 Jul 2020 03:56:18 +0000

Several prominent players in Canada’s pension industry have signed onto the BlackNorth Initiative, pledging to take specific actions within their organizations to tackle anti-Black systemic racism. “The persistent inequities across our country underscore our urgent, national need to address and alleviate racial, ethnic and other tensions and to promote the elimination of anti-Black systemic racism […]

The post Canadian pensions sign pledge to tackle anti-Black systemic racism appeared first on Benefits Canada.com.

Canadian pensions, consultants, institutional investors sign pledge to tackle anti-Black racism

mschmit — Thu, 23 Jul 2020 04:45:10 +0000

Several prominent players in Canada’s pensions and benefits industries have signed onto the BlackNorth Initiative, pledging to take specific actions within their organizations to tackle anti-Black racism. “The persistent inequities across our country underscore our urgent, national need to address and alleviate racial, ethnic and other tensions and to promote the elimination of anti-Black systemic […]

The post Canadian pensions, consultants, institutional investors sign pledge to tackle anti-Black racism appeared first on Benefits Canada.com.

OPB outlines commitment to stand against anti-Black, anti-Indigenous racism

mschmit — Wed, 24 Jun 2020 11:00:01 +0000

The Ontario Pension Board has released a statement addressing the role it plays in standing against anti-Black and anti-Indigenous racism. “I know some of you may be wondering why we didn’t share a message of support sooner,” read the letter from Mark Fuller, the OPB’s president and chief executive officer. “While statements of support matter, […]

The post OPB outlines commitment to stand against anti-Black, anti-Indigenous racism appeared first on Benefits Canada.com.

OPB Reports 97% Funded Status

mschmit — Thu, 23 Mar 2017 09:11:25 +0000

Plan posts an increase of nearly two percentage points compared to last year’s return.

The post OPB Reports 97% Funded Status appeared first on Benefits Canada.com.