THE CANADIAN PRESS Sustainable investing experts say TC Energy Corp.’s plan to decarbonize the Keystone XL pipeline is unlikely to save its fortunes, as a growing movement to divest from fossil fuels gains political clout. U.S. President-elect Joe Biden intends to sign an executive order on inauguration day to rescind the presidential permit for the […]
Pension investments are a key component of ensuring secure benefits for plan members upon their retirement. To celebrate the plan sponsors and pension investors who work hard to ensure strong investment outcomes, the first-ever Pension Leadership Awards recognized winners across several categories. Congratulations to all the winners. You can view highlights about the winners below: […]
The Canadian Investment Review’s Sustainable Investing Award will be presented to a pension plan that has shown leadership and/or significant progress when it comes to incorporating sustainability into the investment process. This will consider sound practices related to environmental, social and governance matters across asset classes and can include considerations related to people management within […]
Impact investing has been a common concept in the private markets space, but now public equity investors can make an impact as well. At its essence, impact investing is investing in assets with the intention of generating both measurable social or environmental impacts alongside financial returns. “It’s a very broad definition, it leaves a lot […]
Before the pandemic hit, momentum was building to fight climate change, said Eli Angen, a principal in responsible investing, strategy and risk at the Ontario Teachers’ Pension Plan. At the Canadian Investment Review’s 2020 Global Investment Conference in September, Angen pointed to the decreasing cost of the energy transition and greater societal and business awareness […]
The impact of powerful trends, including aging populations and growing debt levels in the world’s largest economies, has been somewhat mitigated in recent years by the ongoing involvement of central banks in markets and declining interest rates. However, with rates at historic lows, this is not something that can be relied on over the next […]
Mark Carney will lead a team at Brookfield Asset Management focused on investing in positive environmental, social and governance changes, the alternative asset manager said Wednesday. The former governor of the Bank of Canada and Bank of England will join the firm as vice-chair and head of ESG and impact fund investing. Brookfield said Carney, […]
Two big players in the investment research space are joining forces. Morningstar Inc., a U.S.-based independent research firm is fully acquiring Sustainalytics, a Dutch-domiciled firm specializing in environmental, social, and governance ratings and research. Morningstar already took on a 40 per cent ownership stake in Sustainalytics in 2017 and will be buying the remaining 60 […]
The California State Teachers’ Retirement System, together with the Japan’s Government Pension Investment Fund and the USS Investment Management Ltd., which manages funds for the U.K.’s Universities Superannuation Scheme, are calling for long-term sustainability to become a more prevalent concern for corporations and asset managers alike, in a joint statement released in early March. Systemics […]
A plethora of overlapping terms can make a conversation about responsible investing something of a minefield. While there are many terms that are used interchangeably, there are slight differences to them, said Liza McDonald, head of responsible investment at First State Super, in a video series hosted by Willis Towers Watson’s Thinking Ahead Institute. For […]