A group of institutional investors representing US$2 trillion in assets under management is calling on the cement industry to do better on their carbon emissions. The Institutional Investors Group on Climate Change and investors in Climate Action 100+ called on Europe’s major construction material firms to commit to taking steps to achieve net zero emissions no later […]
Pension funds invest in forestry, agriculture, oil and gas, but what about carbon? Later this year, a World Carbon Fund will be launching to provide investors access to carbon in their portfolios. The idea is premised on accessing carbon through emissions trading in the cap and trade systems, says Michael Azlen, founder and chief executive […]
Nearly half (46 per cent) of the world’s highest-emitting publicly listed companies aren’t adequately considering climate risk in their operational decision-making, according to a new report. Conducted for the Transition Pathway Initiative by the Grantham Research Institute on Climate Change and the Environment at the London School of Economics, the report used FTSE Russell data […]
Nearly half (46 per cent) of the world’s highest-emitting publicly listed companies aren’t adequately considering climate risk in their operational decision-making, according to a new report. Conducted for the Transition Pathway Initiative by the Grantham Research Institute on Climate Change and the Environment at the London School of Economics, the report used FTSE Russell data […]
With the legalization of recreational cannabis in Canada and a patchwork of regulations governing its use in various states in the U.S., the sector’s influence is growing, according to new research by MSCI Inc. In total, 50 countries now allow some form of medical cannabis use, while six countries have legalized it recreationally. In terms of public […]
FTSE Russell is launching a government bond index that weighs countries’ preparedness and resilience to climate change risk. A spin-off of the FTSE world government bond index, the new FTSE climate risk-adjusted world government bond index will include the sovereign bonds of 22 developed markets. In order to establish its climate-risk weightings, FTSE is using […]
Identifying language more commonly used by a certain gender could have bearing on data analysis of socially responsible investment choices. A new metric, formulated by alternative data firm Indexia, measures the relative male- or female-dominated nature of language used by a company. The metric was built through a process of analyzing millions of direct quotations from both […]
When it comes to investing member contributions, the Co-operators Group Ltd.’s defined contribution pension doesn’t look like many other Canadian plans. For one, it doesn’t use a platform approach to investing. Instead, much of its more than $1 billion in assets under management are part of a pre-constructed balanced fund with different target-risk levels with […]
When ESG, the catch-all acronym for environmental, social and governance, is discussed, a lot of terms are thrown around. As these issues increasingly play into institutional investors’ decision-making, they need to know what it all means. Climate change dominates among environmental concerns, but plastic waste is also holding investor attention. Major social issues include preventing […]
The Desjardins Group pension plan is acquiring a portion of EDF Renewables Canada Inc.’s stake in the Cypress Wind Project, pending the completion of its construction and other terms and conditions. Located southeast of Medicine Hat, Alta., the project will include 48 turbines with a combined capacity of 201.6 megawatts. Construction is expected to start in […]