disclosures – Benefits Canada.com

Lack of disclosure from REITs about evictions, building maintenance a risk to institutional investors: SHARE

Gideon Scanlon — Thu, 18 May 2023 16:30:46 +0000

As Canada’s largest residential real estate investment trusts drive up the country’s rental property prices through evictions and renovations, these moves highlight institutional investors’ human rights obligations, according to a new article by the Shareholder Association for Research and Education. In the article, the SHARE said Canada’s residential REITs capitalize on tenant turnover and suite […]

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74% of institutional investors likely to divest from companies with poor ESG records: survey

mdunne — Thu, 02 Dec 2021 14:00:39 +0000

Nearly three-quarters (74 per cent) of institutional investors said they’re more likely to divest from companies with poor environmental, social and governance track records, according to a new survey by EY. The survey, which polled more than 320 global institutional investors, found the vast majority (86 per cent) said they’ll invest in companies that have […]

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Canadian investors less skeptical of corporate ESG than global average: survey

Gideon Scanlon — Thu, 18 Nov 2021 16:55:35 +0000

Nearly three-quarters (72 per cent) of Canadian institutional investors don’t believe companies can be trusted to achieve their stated environmental, social and governance commitments, according to a new survey by U.S. public relations firm Edelman. The survey looked at the opinions of institutional investment professionals from Canada, Germany, Japan, the Netherlands, the U.K. and the […]

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COP26 highlighting importance of ESG, disclosure for institutional investors

bwolfe — Thu, 11 Nov 2021 14:00:11 +0000

As talks at the 2021 United Nations Climate Change Conference winds down, 2022 is poised to become the “show me” year for environmental, social and governance factors and sustainability measures, says Eugene Lundrigan, president of Sun Life Capital Management Inc. This year’s conference, dubbed COP26, brought world leaders and thousands of delegates from participating countries to Glasgow, […]

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CFA’s ESG standards could facilitate greenwashing, warns IFIC

Gideon Scanlon — Tue, 20 Jul 2021 15:00:46 +0000

The Chartered Financial Analyst Institute’s draft voluntary environmental, social and governance disclosure standards are vulnerable to greenwashing, warns the Investment Funds Institute of Canada. In an open letter to the CFA regarding its drafted voluntary regulations, the IFIC is criticizing the proposed standards’ failure to define what does and doesn’t qualify as an ESG investment. […]

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