As pension plans grapple with what to do about environmental, social and governance factors, Quebec-based fund Bâtirente offers some guidance on the options available. It formalized its approach in 2005, the year before the United Nations laid out its six principles for responsible investment. Bâtirente is one of the original signatories of the principles. “I […]
Major asset owners around the world have recently made headlines with their decisions to divest fossil fuel assets from their portfolios. Institutional investors are increasingly considering environmental and social risks when making financial assessments, with more choosing to move away from fossil fuel companies.
New York City mayor Bill de Blasio is proposing that the city's pension funds divest from coal.
Climate change is one of the biggest risks faced by Canadian pension plans and plan managers may be forced into taking public stands to fulfil their legal duties, says a new legal study.
The general council of one of Canada's largest churches has voted to drop fossil fuels from its investment portfolios, with advocates for the motion saying the decision is based on the Christian duty to care for the earth.
Voice over exit. That’s the succinct phrase Alberta Investment Management Corporation (AIMCo) uses to describe its philosophy on sustainable investing, preferring to engage with companies, rather than divesting.
Norway's Parliament has formally endorsed a move to exclude coal companies from the country's $900 billion oil fund because of their impact on climate change.
Responsible Investing (RI) is not just good for the environment, the community and corporate governance. It can also provide investors better returns, reduced volatility, lower risk and more downside protection of capital, finds a study by OceanRock Investments Inc.
Responsible investment (RI)—integrating environmental, social and governance (ESG) issues into investment selection and management—is becoming mainstream.
BNY Mellon has been appointed fiscal agent, registrar, principal paying agent and transfer agent by the Province of Ontario for the issuance of its first green bond.