The Canada Pension Plan Investment Board is committing to making its portfolio net zero by 2050, but says it won’t be making any blanket divestments. The organization said Thursday it plans to achieve the goal while continuing to invest in the whole economy and will push for an economic transition to a lower carbon economy as an […]
The research arm of the CFA Institute, a non-profit organization that aims to promote the standards in ethics, education and professional excellence in global investment industry, is entering a strategic partnership with a leading provider of market intelligence reports. According to the terms of the deal reached with MSCI Inc., the CFA Institute Research Foundation […]
As a new year dawns, our attention turns to what’s ahead, the following are a few of my predictions for trends in the world of pensions in 2022. Volatility We’re entering the year in an environment of considerable economic and financial market uncertainty. Supply chain problems, elevated price inflation and labour shortages in certain industries […]
Before Alison Loat joined the OPSEU Pension Trust as its first managing director of sustainable investing and innovation in 2019, her experience with sustainability investing had only been peripheral. “Although I did not come from the responsible investing world, I could see the tides were starting to turn. It was clear that a lot more […]
Paid sick days for employees continues to be a hot topic as the coronavirus pandemic rages on, with the top two stories over the past week focusing on legislation that’s tackling the issue at the federal and provincial levels. Here are the five most popular news stories of the week: 1. B.C. giving workers five paid sick […]
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 […]
Oregon’s state employee retirement fund is coming under increased scrutiny as the U.S. state is facing increased calls for divestment from companies that have environmental, social and governance issues. Oregon residents are increasingly pushing for the state to divest from fossil fuel companies and other controversial investments, but the state treasury is resisting and putting […]
The Alberta Management Investment Co. is focusing on all three legs of the environmental, social and governance stool this year and beyond. The government-owned pension investment manager is addressing a range of ESG issues, from integrating climate risk to building a more diverse workforce to advancing its risk governance in 2021, according to its 11th […]
Our story revealing the employers that took the top spots at the 2021 Workplace Benefits Awards was the most-read story over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Who are the winners of the 2021 Workplace Benefits Awards? 2. ‘Significant’ wave of terminations coming due to workplace vaccine mandates: lawyer […]
The images of floods, forest fires and heat waves over the past few years is putting climate change front of mind for many, including pension plan sponsors and administrators. It’s become increasingly clear that environmental, social and governance factors are emerging as an important area of concern for pension plan administrators and, by extension, the […]