An article on the federal government’s plan to scrap Canada mortgage bonds and the potential impact on pension funds was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Feds’ plan to discontinue Canada mortgage bonds may limit pension funds’ abilities to mitigate risk: PIAC […]
The Caisse de dépôt et placement du Québec is investing in a Quebec-based company that develops, sells and rents pre-fabricated modular buildings for the educational market. According to a press release, the investment will enable AMB Modulaire, in which Lise Bernier and Jacques Latreille have been shareholders for more 15 years, to finalize the transfer process […]
The Canada Pension Plan Investment Board and hydrogen project developer Power2X are forming a long-term investment partnership aimed at advancing Power2X’s role in the global clean energy transition. The partnership plans to invest an initial €130 million to accelerate the growth of Netherlands-based Power2X as a development platform and fund green molecule projects. The investment […]
There’s a distinct window of opportunity for institutional investors to generate attractive risk-adjusted returns through refurbishing brown buildings in Europe to make them operationally carbon neutral, said Lucy Swinton, investment director at Fidelity International, during the Canadian Investment Review’s 2023 Global Investment Conference. Environmental, social and governance — particularly the ‘E’ aspects — is increasingly becoming a disruptive […]
As countries seek to reach net-zero carbon emissions targets by 2050, demand for buildings to be retrofit to improve energy efficiency will more than double, according to a new report from the Ontario Teachers’ Pension Plan that highlights several aspects of its sustainable investment strategy. “The good news is that the expertise and technology required […]
Institutional investors are steadily integrating environmental, social and governance into their investment reporting and practices, according to a new report by the United Nations’ principles for responsible investment. The report, which analyzed data from more than 1,800 investment organizations that have signed the PRI, found nearly all have formal, senior-level oversight and accountability for responsible […]
Over the last year, the number of large Canadian pension funds with commitments to achieving net-zero emissions by 2050 rose from two funds to nine, representing $1.8 trillion — or 81 per cent — of total pension fund assets evaluated, according to a new report by Corporate Knights. The report also found four of the […]
The answer is complicated because environmental, social and governance investing is a relatively new risk, not all ESG factors are material for every industry and the return profile ultimately depends on whether a policy successfully incorporates material factors into investment decisions. Chris Reynolds, manager of pension policy at Canada Post Corp. ESG investing, often referred […]
The Canadian Investment Review is pleased to announce the finalists of the 2022 Pension Leadership Awards. This year, the awards will be handed out in four categories, with three finalists selected for each. Read: Who are the finalists of the 2021 Pension Leadership Awards? This year’s finalists are: Investment Officer of the Year Duncan Burrill, chief executive officer, Canadian […]
Canada requires clear, consistent guidance on the integration and reporting of sustainability factors into investment decisions, according to a new report from the United Nations-based principles for responsible investment. “There are currently no consistent regulatory requirements for sustainability reporting that apply to all investors and issuers across Canada,” noted the report. “Without such a tool, […]