responsible investing – Benefits Canada.com

Vestcor reduced carbon exposure in investment portfolios in 2022

bmcgovern — Thu, 09 Nov 2023 16:00:33 +0000

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

Jennifer Paterson — Thu, 26 Oct 2023 13:00:10 +0000

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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2023 Risk Management Conference: How UPP is focusing on active investing in its climate action plan

lbailey — Wed, 18 Oct 2023 11:52:16 +0000

During the launch of the University Pension Plan, Barbara Zvan, its president and chief executive officer, knew getting to know the plan’s members was vital to its goal of providing a strong, resilient fund that secured benefits for generations to come. To find out what was important to plan members, the UPP engaged them to find out […]

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Five Canadian pension funds receive top scores for transparency: benchmark

bwolfe — Wed, 19 Jul 2023 19:00:57 +0000

Five Canadian pension funds are among the most transparent in the world, according to the global pension transparency benchmark, a collaboration between Top1000funds.com and CEM Benchmarking Inc. The benchmark, launched in 2021, measures the transparency of disclosures of 15 pension systems across measurements such as cost, governance, performance and responsible investing. The Canada Pension Plan […]

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2023 GIC coverage: How Simon Fraser University is divesting global equities of fossil fuels

Gideon Scanlon — Tue, 06 Jun 2023 11:54:25 +0000

In December 2021, Simon Fraser University announced the global equity portfolios for its non-pension related funds — valued at $450 million — would divest from fossil fuel producers. Four months later, the three members of its treasury team, which is led by Jacky Shen, treasurer and director of investment at the university, announced it had […]

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CAAT appointing Karen Lockridge as director of responsible investing

bwolfe — Mon, 29 May 2023 19:00:31 +0000

The Colleges of Applied Arts and Technology pension plan is appointing Karen Lockridge as director of responsible investing. In the new role, she’ll be responsible for developing and refining the CAAT’s responsible investing strategy, including research, analysis and reporting on the pension plan’s environmental, social and governance activities. Lockridge will also provide guidance to the […]

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Lack of disclosure from REITs about evictions, building maintenance a risk to institutional investors: SHARE

Gideon Scanlon — Thu, 18 May 2023 16:30:46 +0000

As Canada’s largest residential real estate investment trusts drive up the country’s rental property prices through evictions and renovations, these moves highlight institutional investors’ human rights obligations, according to a new article by the Shareholder Association for Research and Education. In the article, the SHARE said Canada’s residential REITs capitalize on tenant turnover and suite […]

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Institutional investors making steady progress on ESG reporting, practices: report

lbailey — Tue, 11 Apr 2023 13:00:34 +0000

Institutional investors are steadily integrating environmental, social and governance into their investment reporting and practices, according to a new report by the United Nations’ principles for responsible investment. The report, which analyzed data from more than 1,800 investment organizations that have signed the PRI, found nearly all have formal, senior-level oversight and accountability for responsible […]

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Report finds more Canadian pension funds committing to net-zero emissions by 2050

Jennifer Paterson — Thu, 30 Mar 2023 13:00:03 +0000

Over the last year, the number of large Canadian pension funds with commitments to achieving net-zero emissions by 2050 rose from two funds to nine, representing $1.8 trillion — or 81 per cent — of total pension fund assets evaluated, according to a new report by Corporate Knights. The report also found four of the […]

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PSP Investments focusing on climate change in updated proxy voting guidelines

Gideon Scanlon — Mon, 27 Mar 2023 13:00:42 +0000

The Public Sector Pension Investment Board is updating its proxy voting guidelines to communicate its views on sound corporate governance practices and climate change. According to the guidelines, boards of directors at the companies in which PSP Investments invests, are expected to ensure climate risks and opportunities are integrated into their strategy and operations. They […]

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