carbon emissions – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 26 Apr 2024 20:02:31 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Pension funds improving modestly on climate but more work to be done: report https://www.benefitscanada.com/canadian-investment-review/research-markets/pension-funds-improving-modestly-on-climate-but-more-work-to-be-done-report/ Wed, 28 Feb 2024 20:00:49 +0000 https://www.benefitscanada.com/?p=152436 Canada’s largest public pension funds are showing modest improvements on climate action but are moving too slowly overall, according to a new report by a climate advocacy group. The progress report from Shift Action for Pension Wealth and Planet Health found four of the 11 pension plans it examined still don’t have emissions reduction targets […]

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]]> North American companies continue to link executive pay programs to ESG measures: report https://www.benefitscanada.com/news/bencan/north-american-companies-continue-to-link-executive-pay-programs-to-esg-measures-report/ Tue, 30 Jan 2024 20:00:30 +0000 https://www.benefitscanada.com/?p=151304 The adoption of environmental, social and governance measures in executive incentive plans continues to increase across markets, especially in North America, according to a new report by WTW. The report, which reviewed public disclosures from more than 1,100 global companies, found metrics related to human capital remained the most popular across all ESG categories, used […]

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]]> Lack of historical carbon emissions data impacts longstanding investment return modeling: report https://www.benefitscanada.com/canadian-investment-review/research-markets/lack-of-historical-carbon-emissions-data-impacts-longstanding-investment-return-modeling-report/ Thu, 11 Jan 2024 16:00:31 +0000 https://www.benefitscanada.com/?p=150196 A traditional method used to calculate expected returns and risk by institutional investors is limited by the scarce amount of available carbon emissions data, according to a report from BNP Paribas. The report, which used the MSCI world index and the MSCI world Paris-aligned benchmark index as investment universe benchmarks, found that when assessing the […]

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]]> Vestcor reduced carbon exposure in investment portfolios in 2022 https://www.benefitscanada.com/canadian-investment-review/research-markets/vestcor-reduced-carbon-exposure-in-investment-portfolios-in-2022/ Thu, 09 Nov 2023 16:00:33 +0000 https://www.benefitscanada.com/?p=146751 Vestcor Inc. reduced the carbon exposure to several of its portfolios throughout 2022, according to its annual responsible investing report. The New Brunswick-based investment organization reported its Canadian, global and emerging markets portfolios all saw declines in carbon exposure by nine per cent, 13 per cent and nine per cent, respectively. The portfolios also retained […]

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]]> CPPIB, BCI backing agricultural acquisition; PSP allocating to thematic fund https://www.benefitscanada.com/canadian-investment-review/alts/cpp-bci-backing-agricultural-acquisition-psp-allocating-to-thematic-fund/ Thu, 15 Jun 2023 16:30:31 +0000 https://www.benefitscanada.com/?p=139838 The British Columbia Investment Management Corp. and the Canada Pension Plan Investment Board are backing an acquisition in the agricultural industry. Bunge Ltd., an oilseed and grain trader that generated US$67.23 billion in revenue in 2022, will take over privately held rival Viterra Ltd. Under the terms of a definitive agreement, Viterra shareholders will receive […]

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]]> University Pension Plan’s assets declined 9.1% in 2022, led by public equities https://www.benefitscanada.com/canadian-investment-review/cir-news/university-pension-plans-assets-declined-9-2-in-2022-led-by-public-equities/ Tue, 13 Jun 2023 13:00:19 +0000 https://www.benefitscanada.com/?p=139706 The University Pension Plan posted 9.1 per cent losses in 2022, according to its annual report. During the year, the jointly sponsored defined benefit pension plan’s assets declined from $11.8 billion to $10.8 billion. The plan finished the year with a solvency ratio of 103.3 per cent, down from 111 per cent at the end […]

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]]> HOOPP recognizes Canadian property managers for climate leadership https://www.benefitscanada.com/canadian-investment-review/strategies/hoopp-recognizes-canadian-property-managers-for-climate-leadership/ Tue, 06 Jun 2023 16:00:31 +0000 https://www.benefitscanada.com/?p=139413 The Healthcare of Ontario Pension Plan is recognizing the property managers of nine Canadian buildings among the winners of its Leadership in Environmental Advancement Program awards. The LEAP awards, which were launched in 2011, recognize property managers of buildings in the pension organization’s property portfolio for efforts related to energy conservation and greenhouse gas emission […]

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]]> Caisse on track to reach net-zero goals: report https://www.benefitscanada.com/canadian-investment-review/strategies/caisse-on-track-to-reach-net-zero-goals-report/ Tue, 18 Apr 2023 16:30:25 +0000 https://www.benefitscanada.com/?p=136732 The Caisse de dépôt et placement du Québec is on track to have a net-zero portfolio by 2050, according to the organization’s latest sustainable investing report. In 2022, the carbon intensity of the Caisse’s portfolio was 53 per cent lower than its 2017 baseline level, a four per cent improvement over the previous year. As […]

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]]> Report finds more Canadian pension funds committing to net-zero emissions by 2050 https://www.benefitscanada.com/canadian-investment-review/strategies/report-finds-more-canadian-pension-funds-committing-to-net-zero-emissions-by-2050/ Thu, 30 Mar 2023 13:00:03 +0000 https://www.benefitscanada.com/?p=135807 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 […]

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]]> Watchdog accusing CPPIB of greenwashing acquisition of oil company https://www.benefitscanada.com/canadian-investment-review/public-equities/watchdog-accusing-cppib-of-greenwashing-acquisition-of-oil-company/ Thu, 09 Mar 2023 17:00:32 +0000 https://www.benefitscanada.com/?p=135127 Shift Action for Pension Wealth and Planet Health is describing the Canada Pension Plan Investment Board’s acquisition of a significant stake in one of California’s largest oil producers as “alarming.” “These claims are alarming as none of the technologies mentioned offer credible pathways for meaningfully reducing Aera’s carbon emissions quickly enough or aligning Aera with CPPIB’s net-zero […]

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