Institutional investors are disclosing the environmental impact of their assets through increasingly sophisticated sustainability reports that use the latest disclosure metrics. While some of Canada’s largest pension funds are at the forefront of how to leverage responsible investment mandates and attempt to enact change through leadership in global organizations, the shortcomings of data reporting standards […]
Sustainable investing is entering a phase where a concrete focus on execution as well as real-world impact and metrics are becoming essential, said Kevin Quinlan, senior director of climate and client strategy at SLC Management, during a session at the Canadian Investment Review’s 2024 Endowment & Foundation Investment Forum in June. “Going beyond just the […]
With the introduction of new sustainability and climate disclosure guidelines — IFRS S1 and IFRS S2 — from the International Sustainability Standard Board in January, institutional investors now have the opportunity to gain alignment in measuring environmental, social and governance risks associated with their investment portfolios. Read: Research finds pensions struggle to determine metrics for ESG […]
The leaders of 11 of Canada’s largest public sector pension investment organizations are calling on companies to adopt a new framework that would consolidate existing disclosure standards, including those from the sustainability accounting standards board and the task force on climate-related financial disclosures. The framework, which was set out by the International Sustainability Standards Board, […]
The Pension Investment Association of Canada is urging the Canadian Securities Administrators to work closely with its international counterparts to ensure consistency in regulations on climate-related disclosure. In an open letter to the Ontario Securities Commission, the PIAC called on the CSA to align its climate regulations with the U.S. Securities and Exchange Commission and […]