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The Canada Pension Plan Investment Board is warning corporate board directors that any companies failing to consider climate risks, adopting multiple-year term lengths or lacking in female representation won’t receive its support during shareholder votes, according to a new report. “How we select investments and hold management accountable to manage these factors can enhance or erode […]

  • By: Staff
  • September 29, 2022 September 30, 2022
  • 12:00

Six of the leading Canadian pension asset managers are sharing details of their energy transition strategies in a new report by the Investor Leadership Network. The report, which highlights the complexity of climate transition investing, received contributions from the Alberta Investment Management Corp., the Caisse de dépôt et placement du Québec, the Canada Pension Plan […]

  • By: Staff
  • September 27, 2022 September 28, 2022
  • 11:30

Hybrid working is playing a role in cutting emissions due to reduced commutes with commuting into the office five days a week down 36 per cent since the beginning of the coronavirus pandemic, according to a new survey by IWG. In Canada, the widespread adoption of hybrid work is reducing Canadian workers’ impact on the […]

  • By: Staff
  • August 25, 2022 August 23, 2022
  • 15:00

While many organizations have launched a sustainability strategy, Sun Life Financial Inc.’s strategy is anchored in three fundamental principles: financial security, sustainable investing and living healthier lives, according to Eric Monteiro, the insurer’s senior vice-president in group retirement, during a panel discussion at Benefits Canada‘s 2022 DC Plan Summit. Three-quarters (78 per cent) of pension […]

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The world’s electrical grids require massive investments if countries are to meet net-zero carbon emissions by 2050 goals, according to a new report from the Ontario Teachers’ Pension Plan. “In many countries, including the world’s most advanced economies, aging grids are not yet ready for the expected surge in demand,” noted the report. “Nor were […]

  • By: Staff
  • August 9, 2022 August 9, 2022
  • 12:15

Pension plan sponsors can’t ignore the financial risks of climate change or respond to them with half-baked approaches that allow companies to continue pumping out pollution. To be credible, comprehensive and complete, strategies protecting Canadians’ retirement savings from the unprecedented risks of the climate crisis must include several key elements. A Paris-aligned commitment The Paris Agreement […]

More than a quarter (29 per cent) of global employees said their employers are focusing on supporting workers’ physical and mental well-being to address growing skills and labour shortages, according to a new survey by PricewaterhouseCoopers. The survey, which polled more than 52,000 employees across 44 countries and territories, found respondents said their employers are also combatting […]

  • By: Staff
  • May 26, 2022 May 26, 2022
  • 15:00

The Public Sector Pension Investment Board is committing to using its capital and influence to support a transition to net-zero emissions by 2050, according to its inaugural climate strategy report. The strategy also includes commitments to curbing the intensity of its portfolio’s greenhouse gas emissions by at least 20 per cent, increase its investments in green assets […]

  • By: Staff
  • April 26, 2022 April 26, 2022
  • 09:00

How often does today’s news present stories about environmental issues? Climate change, pollution, overpopulation, deforestation, biodiversity degradation — the list is endless and these long-term shifts are far from new. We’re failing our environment and our people. Our world is changing. Food, fresh water, other natural resources and clean energy are all under strain. Unfortunately, […]

The focus on environmental, social and governance factors is a train that’s leaving the station, but some pension plan sponsors and institutional investors remain hesitant to hop aboard. Over the past decade, interest in incorporating ESG factors into investment decisions has increased. Indeed, a 2020 survey by investment consulting firm Callan found 42 per cent […]