ESG factors – 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 U.S. public pension plans’ average funding ratio declines to 75.4% in 2023: survey https://www.benefitscanada.com/canadian-investment-review/research-markets/u-s-public-pension-plans-average-funding-ratio-declines-to-75-4-in-2023-survey/ Thu, 22 Feb 2024 16:00:35 +0000 https://www.benefitscanada.com/?p=152062 The average funding ratio for U.S. public pension plans declined to 75.4 per cent in 2023, compared to 77.8 per cent in the previous year, according to a new survey by the National Conference on Public Employee Retirement Systems. The report, which was based on responses from nearly 160 public pension funds with roughly US$2.3 […]

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]]> Expert panel: What does 2024 hold in store for the pension industry? https://www.benefitscanada.com/expertpanel_/gavin-benjamin/expert-panel-what-does-2024-hold-in-store-for-the-pension-industry/ Thu, 04 Jan 2024 14:00:20 +0000 https://www.benefitscanada.com/?p=149607 With the arrival of the new year, there are three topics that will be important for pension plan sponsors, members and other industry stakeholders in 2024. The economy and financial markets At the end of 2023, the Canadian economy and the financial markets were still feeling the after-effects of the coronavirus pandemic. Read: Expert panel: […]

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]]> Market share of responsible investing AUM increases to 49% in 2023: report https://www.benefitscanada.com/canadian-investment-review/strategies/market-share-of-responsible-investing-aum-increases-to-49-in-2023-report/ Thu, 26 Oct 2023 13:00:10 +0000 https://www.benefitscanada.com/?p=145912 The market share of responsible investment assets under management rose slightly in 2022, from 47 per cent to 49 per cent, even as AUM in general decreased, according to the Responsible Investment Association’s annual trends report. The report tracks the national trends and outlook for responsible investing by surveying asset managers, including the Alberta Investment […]

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]]> 2023 Risk Management Conference: Risk environment leading to confusing progression of ESG metrics https://www.benefitscanada.com/canadian-investment-review/post-event-coverage/2023-risk-management-conference-risk-environment-leading-to-confusing-progression-of-esg-metrics/ Wed, 18 Oct 2023 11:49:23 +0000 https://www.benefitscanada.com/?p=144318 The rising opposition to environmental, social and governance metrics could lead to a confusing landscape for institutional investors evaluating the impact of their assets, said Hugh O’Reilly, executive director of Innovate Cities, during a session at the Canadian Investment Review’s 2023 Risk Management Conference. “There has been a war declared on this south of the border, but […]

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]]> IMCO committing 20% of its portfolio to climate solutions by 2030 https://www.benefitscanada.com/canadian-investment-review/strategies/imco-committing-20-of-its-portfolio-to-climate-solutions-by-2030/ Thu, 05 Oct 2023 13:00:03 +0000 https://www.benefitscanada.com/?p=144649 The Investment Management Corp. of Ontario is allocating 20 per cent of its portfolio to climate solutions by 2030, aiming to reduce its carbon emissions by 50 per cent compared to 2019, according to a new report by the investment organization. In a press release, Rossitsa Stoyanova, the IMCO’s chief investment officer, said the investment […]

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]]> Institutional investors must evolve green asset review processes as interest in transition assets grow https://www.benefitscanada.com/canadian-investment-review/strategies/institutional-investors-must-evolve-green-asset-review-processes-as-interest-in-transition-assets-grow/ Tue, 03 Oct 2023 15:00:53 +0000 https://www.benefitscanada.com/?p=144476 As institutional investors become increasingly interested in assets supporting the energy transition, they must evolve their assessment processes in order to meet new standards, according to experts. When the Public Sector Pension Investment Board was determining an official strategy around green assets, the team worked to develop a category it calls transition assets — those […]

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]]> Study finds full integration of sustainable investing expected to surge in next five years https://www.benefitscanada.com/canadian-investment-review/strategies/study-finds-full-integration-of-sustainable-investing-expected-to-surge-in-next-five-years/ Tue, 03 Oct 2023 13:00:08 +0000 https://www.benefitscanada.com/?p=144230 As sustainable investing continues to gain widespread acceptance among institutional investors, full integration is projected to surge in the next five years, according to a new study conducted by Coalition Greenwich and commissioned by AGF Investments. It found nine in 10 institutional investors in North America and Europe expect to be investing sustainably or working […]

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]]> Wildfires crystallizing threats of catastrophic climate change for pension plan administrators https://www.benefitscanada.com/canadian-investment-review/strategies/wildfires-crystallizing-threats-of-catastrophic-climate-change-for-pension-plan-administrators/ Tue, 08 Aug 2023 15:00:00 +0000 https://www.benefitscanada.com/?p=141824 British Columbia’s wildfires have crystallized the threats pension plan administrators across that province face from catastrophic climate change events, says Damara Kiceniuk, senior risk analyst of pensions at the B.C. Financial Services Authority. However, these fires are just one catastrophic risk pension funds have to manage. These risks have prompted the organization to release a discussion […]

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]]> Public sector workers, retirees calling on removal of Imperial Oil director from PSP board https://www.benefitscanada.com/canadian-investment-review/strategies/public-sector-workers-retirees-calling-on-removal-of-imperial-oil-director-from-psp-board/ Tue, 01 Aug 2023 16:00:18 +0000 https://www.benefitscanada.com/?p=141661 Working and retired public sector employees from across Canada are calling on the federal government to remove Miranda Hubbs, director of Imperial Oil Ltd., from the board of the Public Sector Pension Investment Board with cause. In a letter sent to Prime Minister Justin Trudeau and his cabinet today, 39 PSP Investments’ members and retirees […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-45/ Fri, 28 Jul 2023 13:00:06 +0000 https://www.benefitscanada.com/?p=141508 An article on the federal government’s plan to scrap Canada mortgage bonds and the potential impact on pension funds was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Feds’ plan to discontinue Canada mortgage bonds may limit pension funds’ abilities to mitigate risk: PIAC […]

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