The British Columbia Investment Management Corp. has released its environmental, social and governance strategy, which outlines its beliefs, principles, governance and how its investment strategies consider ESG factors. The strategy includes four components: integrate, influence, invest and insight. In particular, the BCI is focused on integrating ESG analysis and risk management into investment processes, influencing […]
The British Columbia Investment Management Corp. has released its environmental, social and governance strategy, which outlines its beliefs, principles, governance and how its investment strategies consider ESG factors. The strategy includes four components: integrate, influence, invest and insight. In particular, the BCI is focused on integrating ESG analysis and risk management into investment processes, influencing […]
With its recent acquisition of environmental, social and governance data analytics provider Sustainalytics, Morningstar Inc. is taking aim at the disparate ESG disclosure requirements still hampering the investment industry. In a recent report, Morningstar sussed out some of the issues hindering ESG measurement tools. “Simply put, ESG disclosures from issuers are all too often inconsistent and […]
The Ontario Teachers’ Pension Plan’s 2019 climate change report contains its first-ever, independently assured portfolio carbon footprint. Even as the plan’s assets grew in 2019, it’s overall carbon footprint fell by about 15 per cent, driven in large part by the sale of a particularly high-emitting private asset, according to the report, which was assured […]
Sun Life Canada is launching an environmental, social and governance framework for its group retirement services to help pension plan sponsors and members make sustainable investing decisions. The framework is meant to identify ESG leaders in both funds and managers across all major asset categories offered in the record-keeper’s group retirement services core investment platform, […]
The British Columbia Investment Management Corp., the AustralianSuper and two Dutch pension funds — APG and PGGM — are jointly establishing a responsible investing platform. The sustainable development investments asset owner platform, which will be available through distribution partner Qontigo, features standard and artificial intelligence-driven data that enables investors to assess companies on their contribution […]
The Institutional Limited Partners Association has included the University of Toronto Asset Management Corp. in its environmental, social and governance roadmap and resources compilation. “Comprised of best practices that limited partners can consider implementing to advance ESG efforts at their organizations, the roadmap promotes the sharing of initiatives and resources on a global basis,” the […]
The vast majority (81 per cent) of global pension plan sponsors said they have allocations to some kind of climate change-related funds, according to a new survey from CREATE-Research. Specifically, when it comes to passive funds, 44 per cent of respondents said they allocated at least some of the passive segment of their portfolio to a climate change-related […]
The Principles for Responsible Investment has released a framework for investors to help focus on aligning their activities with the UN’s sustainable development goals. “Issues such as human rights abuses, climate change and inequitable social structures seriously threaten the longterm performance of economies, investors’ portfolios and the world in which beneficiaries live,” the report said. […]
The Ontario Pension Board has released a statement addressing the role it plays in standing against anti-Black and anti-Indigenous racism. “I know some of you may be wondering why we didn’t share a message of support sooner,” read the letter from Mark Fuller, the OPB’s president and chief executive officer. “While statements of support matter, […]