The Caisse de dépôt et placement du Québec is increasing its stake in Chicago-based Invenergy to a 52.4 per cent ownership of the company. The company has developed renewable energy projects producing about 14,000 megawatts of power, including wind and solar power generation facilities, as well as advanced energy storage, around the world. “CDPQ is leading […]
A large majority (91 per cent) of institutional asset owners either have some allocation to a smart beta strategy, have evaluated the concept or are planning to evaluate it in the coming 18 months, according to FTSE International Ltd.’s latest survey on the area. “With five years of results for our global smart beta survey, we are […]
With no standardized system in place for measuring company activities, it has historically been a challenge for institutional investors to assess their climate-related impact. The task force on climate-related disclosures is aiming to change that by creating a knowledge hub that encourages companies to improve how they disclose activities that affect the climate. The hub includes […]
The carbon footprint of Bâtirente’s overall equities portfolio is 35 per cent lower than its benchmark, according to a report by the Quebec-based pension fund. The report also shows that the carbon footprint for Bâtirente’s three equity funds — global, small-cap and Canadian — is lower than their respective benchmarks. In the case of the small-cap fund, it […]
On a global scale, regulatory rumblings are growing louder on single-use plastics, highlighting potential risks and opportunities within the plastics supply chain for institutional investors to consider, according to a recent report by Schroder Investment Management Ltd. As plastics move from being an “ecological concern to economic driver,” the report seeks to identify some of the […]
As part of its plan to address environmental, social and governance factors, the Caisse de dépôt et placement du Québec has released its first stewardship investing report. The report outlined the Caisse’s strategic actions on key issues like climate change, corporate governance, women in business and international taxation. “We’ve been integrating ESG factors into our investment processes for […]
New guidance surprises many in the industry
The Ontario Teachers’ Pension Plan is part of an investor group that has reached an agreement to recapitalize Toronto-based environmental services company GFL Environmental Holdings Inc. In an effort led by private equity firm BC Partners LLP, the transaction implies a total GFL value of about $5.1 billion. The company is a North American provider of diversified environmental services, […]
While North American investors have traditionally perceived environmental, social and governance factors as a way of injecting personal philosophy into business practices, Japan’s business community has recently — and suddenly — begun to implement the concept and its uses in a different way. “What’s really evolved is a different set of ESG criteria,” says Linda-Eling […]
The mass shooting news cycle isn’t going away. In the wake of the Parkland, Fla., shooting in February, hundreds of thousands of protesters descended upon Washington for the March For Our Lives, a show of force aimed at generating support from U.S. lawmakers to take action on gun control. Just this past Tuesday, a young […]