The Canada Pension Plan Investment Board is pursuing a new strategy that involves investing in businesses with high greenhouse gas emissions and a desire to reduce them. The strategy, which is published in a new report, aims to identify companies committed to creating value by lowering their emissions in a manner that’s consistent with the […]
Institutional investors seeking to reduce their portfolios’ carbon footprint should pay more attention to scope 3 emissions, says Priti Shokeen, head of environmental, social and governance research and engagement at TD Asset Management Inc. “Typically, when investors engage issuers on climate change, the focus tends to be on industries traditionally understood as high emitting, for […]
As more companies shift to net-zero commitments in the face of climate change, institutional investors play a key role in proliferating the practice through where they invest their clients’ money, said Lloyd McAllister, head of environmental, social and governance research at Newton Investment Management, during a session at the 2021 Global Investment Conference. However, he […]
For all its dangers, there’s still considerable opportunity to be found in the Chinese investment space. At the 2021 Global Investment Conference, Anh Lu, portfolio manager for the Asia ex-Japan equity strategy at T. Rowe Price, said the trick to capitalizing on the opportunities in the world’s most populous country is to consider the long-term […]
The Caisse de dépôt et placement du Québec is entering the digital currency sector by joining a US$400 million investment round for a cryptocurrency earning and borrowing platform. Alberta-based WestCap Group Inc. is the other co-lead investor in the funding round for Celsius Network, a blockchain-based investment platform aimed at high-net-worth retail and institutional investors. Read: AIMCo […]
Three of Canada’s largest pension funds are investing in a new fund focused on the global transition to a net-zero economy. The Brookfield Global Transition Fund, founded by Brookfield Asset Management Inc., closed its funding after raising US$7 billion ($8.8 billion) with the help of the Investment Management Corp. of Ontario, the Ontario Teachers’ Pension Plan […]
Caisse seeks 50% boost to low-carbon investment under new green-focused strategy
The earth's ability to absorb carbon emissions is a scarce resource... the question is what's the appropriate price?