greenhouse gas emissions – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Fri, 03 May 2024 21:03:19 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 AIMCo creates $1 billion fund for energy transition, Caisse backs aircraft financing platform https://www.benefitscanada.com/canadian-investment-review/alts/caisse-backs-aircraft-financing-platform-ontario-teachers-acquires-french-logistics-assets/ Thu, 01 Feb 2024 16:00:33 +0000 https://www.benefitscanada.com/?p=151301 The Alberta Investment Management Corp. is setting up a new $1 billion fund to invest in energy transition and decarbonization efforts, according to a report by the Globe and Mail. The new fund will specifically target industrial decarbonization, carbon capture, sustainable fuels, renewable energy production, electrification and energy storage and efficiency. However, the launch of the fund […]

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]]> Vestcor reduced carbon exposure in investment portfolios in 2022 https://www.benefitscanada.com/canadian-investment-review/research-markets/vestcor-reduced-carbon-exposure-in-investment-portfolios-in-2022/ Thu, 09 Nov 2023 16:00:33 +0000 https://www.benefitscanada.com/?p=146751 Vestcor Inc. reduced the carbon exposure to several of its portfolios throughout 2022, according to its annual responsible investing report. The New Brunswick-based investment organization reported its Canadian, global and emerging markets portfolios all saw declines in carbon exposure by nine per cent, 13 per cent and nine per cent, respectively. The portfolios also retained […]

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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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]]> University Pension Plan’s assets declined 9.1% in 2022, led by public equities https://www.benefitscanada.com/canadian-investment-review/cir-news/university-pension-plans-assets-declined-9-2-in-2022-led-by-public-equities/ Tue, 13 Jun 2023 13:00:19 +0000 https://www.benefitscanada.com/?p=139706 The University Pension Plan posted 9.1 per cent losses in 2022, according to its annual report. During the year, the jointly sponsored defined benefit pension plan’s assets declined from $11.8 billion to $10.8 billion. The plan finished the year with a solvency ratio of 103.3 per cent, down from 111 per cent at the end […]

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]]> HOOPP recognizes Canadian property managers for climate leadership https://www.benefitscanada.com/canadian-investment-review/strategies/hoopp-recognizes-canadian-property-managers-for-climate-leadership/ Tue, 06 Jun 2023 16:00:31 +0000 https://www.benefitscanada.com/?p=139413 The Healthcare of Ontario Pension Plan is recognizing the property managers of nine Canadian buildings among the winners of its Leadership in Environmental Advancement Program awards. The LEAP awards, which were launched in 2011, recognize property managers of buildings in the pension organization’s property portfolio for efforts related to energy conservation and greenhouse gas emission […]

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]]> New York City pension funds calling for absolute GHG emission targets at RBC https://www.benefitscanada.com/canadian-investment-review/strategies/new-york-city-pension-funds-calling-for-absolute-ghg-emission-targets-at-rbc/ Wed, 25 Jan 2023 20:00:32 +0000 https://www.benefitscanada.com/?p=133043 New York City comptroller Brad Lander and three of the city’s pension funds are offering shareholder proposals calling on several banks — including the Royal Bank of Canada — to disclose absolute greenhouse gas emissions targets for 2030. The shareholder proposals, which request a report within one year, call for an absolute reduction target aligned […]

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]]> HOOPP unveils updated plans to reduce emissions in real estate portfolio https://www.benefitscanada.com/canadian-investment-review/alts/hoopp-unveils-updated-plans-to-reduce-emissions-in-real-estate-portfolio/ Tue, 07 Jun 2022 16:30:35 +0000 https://www.benefitscanada.com/?p=122382 The Healthcare of Ontario Pension Plan is planning to reduce the greenhouse gas emissions of its $20 billion real estate portfolio. According to a new report on the pension fund’s website, the HOOPP is committing to reducing its real estate portfolio’s greenhouse gas emissions entirely by 2050 for assets under its control. To do this, […]

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]]> PSP Investments to support transition to global net-zero emissions by 2050 https://www.benefitscanada.com/canadian-investment-review/strategies/psp-investments-committing-to-net-zero-emissions-by-2050/ Tue, 26 Apr 2022 13:00:14 +0000 https://www.benefitscanada.com/?p=120103 The Public Sector Pension Investment Board is committing to using its capital and influence to support a transition to net-zero emissions by 2050, according to its inaugural climate strategy report. The strategy also includes commitments to curbing the intensity of its portfolio’s greenhouse gas emissions by at least 20 per cent, increase its investments in green assets […]

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]]> Carbon credit schemes offer attractive risk-adjusted returns: CPPIB report https://www.benefitscanada.com/canadian-investment-review/strategies/carbon-credit-schemes-offer-attractive-risk-adjusted-returns-cppib-report/ Wed, 16 Mar 2022 16:20:39 +0000 https://www.benefitscanada.com/?p=118336 Nature-based mitigants to climate change will offer attractive risk-adjusted returns to investors, according to a new report from the Canada Pension Plan Investment Board. Natural carbon dioxide sinks, like forests, remove carbon dioxide from the atmosphere. By managing these natural assets, investors can monetize the carbon absorption through the sale of carbon credits. “Companies looking […]

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]]> Tracking indirect GHG emissions vital for institutional investors, says expert https://www.benefitscanada.com/canadian-investment-review/research-markets/tracking-indirect-ghg-emissions-vital-for-institutional-investors-says-expert/ Fri, 26 Nov 2021 21:30:44 +0000 https://www.benefitscanada.com/?p=112209 Institutional investors seeking to reduce their portfolios’ carbon footprint should pay more attention to scope 3 emissions, says Priti Shokeen, head of environmental, social and governance research and engagement at TD Asset Management Inc. “Typically, when investors engage issuers on climate change, the focus tends to be on industries traditionally understood as high emitting, for […]

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