While official diversity, equity and inclusion policies have been widely adopted by U.S. institutional asset management organizations, these policies have made little difference to the makeup of executive ranks, according to a survey by Meketa Investment Group. The survey, which was based on responses provided by 420 U.S. institutional asset managers, found by the end of […]
The University Pension Plan is integrating diversity, equity and inclusion measures into its investment strategy. The pension plan sponsor’s responsible investing policy considers environmental, social and governance factors — including DEI — as essential to sound long-term investing, said Aaron Bennett, chief investment officer at the UPP, in an emailed statement to Benefits Canada. The approach […]
The Ontario Teachers’ Pension Plan’s focus on diversity, equity and inclusion issues is an increasingly key part of its long-term strategic vision. The pension fund is embedding DEI initiatives into its latest enterprise strategy and is guiding the plan’s global growth and expansion, says Beth Tyndall, its chief people officer. “For the first time ever in [our] […]
The Healthcare of Ontario Pension Plan is increasing its focus on diversity, equity and inclusion efforts in areas ranging from organizational culture to recruiting. The organization launched a five-year strategy last year, focusing on embedding DEI into its culture, work environment and business processes, while addressing systemic barriers faced by equity-seeking groups. Michael Regis, the […]
While 68 per cent of Black Canadians said their employers have made progress on promises to be more equitable and inclusive for Black employees, only 35 per cent believe their prospects for advancement have improved, according to a new survey by KPMG in Canada. The survey, which polled about 1,000 Black Canadians, found just 19 per cent were offered […]
While 72 per cent of institutional investors are currently integrating environmental, social and governance factors into their investment strategies, 29 per cent are placing greater emphasis on ESG considerations as a result of the coronavirus pandemic, according to a new survey by RBC Global Asset Management. The survey, which polled 800 global institutional investors, found […]
A third of investment organizations participating in the CFA Institute’s recent diversity, equity and inclusion program said they’ve trained between 81 and 99 per cent of their employees in detecting unconscious bias or practicing inclusive leadership, according to a new survey. The survey — conducted across 41 investment organizations that participated in the 2020 program […]
Income inequality in the U.S. is contributing to the growth of financial insecurity in retirement, exacerbated by a shift from pensions to individual 401(k) savings accounts, according to a new report by the U.S. National Institute On Retirement Security. It found in 2019, white households across three generations — baby boomers, generation X and millennials […]
As a “symbol of our collective sorrow,” IKEA Canada lowered its flags in response to the news of the grim discovery of mass graves at former residential schools in this country. The home goods retailer has also been talking with several Indigenous-led organizations to development its reconciliation strategy and has shared resources, including via its employee […]
When it comes to diversity, equity and inclusion initiatives, Canadian employers have room for improvement, according to a new series of LinkedIn polls conducted by LHH. In one poll, 39 per cent of employees said their workplace still didn’t feel inclusive, despite the rise in visible corporate diversity, equity and inclusion committees and programs. By […]