Archive

Canada told to stop climate 'flip-flopping' ahead of taxonomy announcement

Canada's government has been told to stop "flip-flopping" on climate policy, as a major pension fund warned that indecision was costly to long-term investment in the economy.

Carney's commitment to Canadian taxonomy welcomed

From Peter Cripps in Sao Paulo

Fiduciary duty must include long-term climate resilience, says NZAOA

A transition-focused approach must be embedded throughout a fund manager's operations, otherwise asset owners may develop trust issues, Allianz Investment Management has said.

UPP targets private markets to help hit climate goals

University Pension Plan Ontario (UPP) has ramped up its private markets exposure within its climate solutions portfolio.

Canadian 'competitiveness' push can benefit from transition plan work, says pension head

A private finance-led group aims to show companies how climate transition planning can shape business strategy and help them compete economically with international peers, according to the head of a Canadian pension fund.

Canadian financial institutions back initiative for 'credible transition plans'

Canada announces 'green and transition' taxonomy

Canada has committed to publish a sustainable finance taxonomy to guide 'green' and 'transition' investments, which has been cited as an example for resource-intensive economies globally.

Investors tell Japan to remedy inconsistencies with ISSB standards

Some of the world's largest investors have advised Japan to address inconsistencies between its draft disclosure standards and those of the International Sustainability Standards Board (ISSB).

'It will help us have more honest conversations'

Investors welcome the IFRS sustainability standards and say, by boosting comparability, they will aid engagement. Michael Hurley reports

Canadian engagement initiative identifies 40 target companies

A list of 40 Canada-listed companies that will be targets of investor pressure on climate-related issues has been published by a burgeoning collaborative engagement initiative.