The Pension Investment Association of Canada will monitor the ongoing progress of several policies related to environmental and sustainability solutions. Last year’s federal budget indicated greenwashing provisions would be coming to the Competition Act at a time when the pension association has advocated for clear and flexible environmental, social and governance reporting guidelines, which would […]
The British Columbia Investment Management Corp. is seeing higher returns in the private equity market following the adoption of an environmental, social and governance lens, according to a new study from the investment organization. The report’s co-author, Evan Greenfield, managing director and head of ESG for the private equity arm at the BCI, wants other […]
The impact of climate change risks is increasing as a significant concern for global asset owners, according to a new survey from FTSE Russell. The survey, which polled more than 400 asset owners across 24 countries, found 85 per cent said climate risk is a major concern for them, up from 76 per cent in […]
Three-quarters (76 per cent) of institutional investors say they integrate environmental, social and governance across their investment platform, according to a new survey by Callan. The survey, which polled 1,500 institutional investors, found there has been a decline in the use of a firmwide ESG policy from 74 per cent in 2023 to 71 per […]
A sustainability investments classification platform co-founded by the British Columbia Investment Management Corp. is being acquired by Net Purpose. The financial details of the transaction weren’t disclosed. Through this deal, Net Purpose will bring SDI AOP methodology, data processing and customer functions in house. It will also launch enhanced sustainable development goal classifications. “As a […]
The chair of the Canadian Sustainability Standards Board wants to ensure institutional investors are well represented at the discussion table when shaping voluntary climate disclosure metrics for Canadian businesses. “Since I joined — before we even started an outreach strategy — many institutional investors reached out and wanted to meet with me and understand what […]
Canada’s largest pension fund is being sued by four young Canadians who claim the Canada Pension Plan Investment Board is failing to properly manage climate-related financial risk. The four allege in a lawsuit filed in the Ontario Superior Court of Justice on Monday that the investment manager for the Canada Pension Plan is breaching its […]
The Caisse de dépôt et placement du Québec is granting operational management of its office buildings in Quebec to real estate services firm Canderel. This partnership is designed preserve the style and character of Quebec buildings that belong to the investment organization. The move will allow the Caisse to focus entirely on its investment operations, […]
Canada’s federal government is raising funds to support green infrastructure and nature conservation projects through its fifth issuance of green bonds. The 30-year green bonds are designed to attract private financing and play a role in the country’s strategy to achieve net-zero emissions by 2050. The investment asset is backed by Canada’s AAA credit rating. […]
At the end of a busy summer marked by unprecedented pressures from equity volatility and inflation, defined benefit plan sponsors, money managers and other investment professionals gathered at the Fairmont Tremblant in Mont-Tremblant, Que. for the relaunch of the Canadian Investment Review’s Alternative Investment Conference. From Aug. 20-22, the packed agenda presented a range of […]