stewardship – Benefits Canada.com

Top 5 HR, benefits, pension and investment stories of the week

bwolfe — Fri, 18 Oct 2024 13:00:25 +0000

An article on how ‘carewashing’ can negatively impact employers’ well-being strategies was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. How employers can avoid ‘carewashing’ their employee well-being strategy 2. Senate passes pharmacare legislation without amendments 3. Investment funds targeting domestic assets […]

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BCI targeting methane emissions, board diversity: stewardship report

bmcgovern — Tue, 15 Oct 2024 13:00:17 +0000

The British Columbia Investment Management Corp. is focusing on methane emissions regulation and board diversity among its key environmental, social and governance policy initiatives, according to its inaugural stewardship report. In early 2024, the BCI responded to methane policy consultations by Environment and Climate Change Canada and the U.S. Environmental Protection Agency, said the report, noting […]

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UPP promoting responsible labour standards across portfolio: report

bmcgovern — Mon, 16 Sep 2024 19:00:55 +0000

The University Pension Plan is promoting responsible labour standards in the direct operations that it invests in, according to a new stewardship report from the investment organization. It said the investment organization wants to ensure key metrics from the International Labour Organization are being respected in direct operations its involved with. It’s also looking to […]

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How are stewardship guidelines helping institutional investors address systemic risks?

bmcgovern — Wed, 11 Sep 2024 13:00:47 +0000

Stewardship guidelines are helping institutional investors address climate risks and safeguard their investment in the long run, says Brian Minns, managing director of responsible investing at the University Pension Plan of Ontario. “We need stewardship as [a way of] protecting the investments that we have and trying to enhance their value over time for our beneficiaries. […]

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ESG issues see declining support in shareholder voting events: AIMCo

bmcgovern — Tue, 03 Sep 2024 13:00:15 +0000

The Alberta Investment Management Corp. says there has been declining support for shareholder proposals linked to environmental and social factors, while support has increased for governance proposals centred around shareholder rights, according to the investment organization’s latest stewardship report. It cited increased scrutiny of ESG issues as a factor in the decline and noted the AIMCO […]

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2024 Global Investment Conference: How institutional investors can leverage their influence with stewardship goals

bmcgovern — Mon, 10 Jun 2024 11:50:48 +0000

Active ownership, accompanied by a concrete set of stewardship goals, is critical for long-term value creation, said Delaney Greig, director of investor stewardship at the University Pension Plan, during a session at the Canadian Investment Review’s 2024 Global Investment Conference in April. The UPP, which was established in 2021 as a jointly sponsored defined benefit pension […]

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Imperial Oil shareholders reject ESG proposals from Bâtirente, BCI

Gideon Scanlon — Tue, 09 May 2023 16:30:32 +0000

Imperial Oil Ltd. shareholders have voted against environmental, social and governance-related proposals backed by the Bâtirente and the British Columbia Investment Management Corp. during the company’s annual general meeting. The Bâtirente’s motion called on Imperial Oil to adopt direct and indirect greenhouse gas emissions reduction targets for 2030. If passed, the proposal would have obliged […]

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AIMCo receives perfect grade for ESG performance in real estate

Gideon Scanlon — Thu, 22 Dec 2022 14:00:52 +0000

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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2022 GIC coverage: Should pension plans engage or divest from high-carbon assets?

Gideon Scanlon — Mon, 30 May 2022 12:47:37 +0000

To divest or not to divest — that was the question posed by Catherine Ann Marshall, principal consultant at RealAlts Inc, in a panel discussion during the Canadian Investment Review‘s 2022 Global Investment Conference in April. “When it comes to the climate transition, there’s these two basic approaches,” she said. “On one hand, we talk […]

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Asset managers need to step up on stewardship: report

mschmit — Mon, 22 Apr 2019 06:41:04 +0000

While some major investment firms have made notable positive contributions to stewardship, the industry needs to step up its game, according to a report from Willis Towers Watson. The report noted certain highly publicized efforts by asset managers aimed to raise awareness around the lack of women on corporate boards. However, overall, stewardship action accounts […]

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