CFA’s future of sustainability

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Over the past year, the Future of Finance team at
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La Caisse’s oil exit pays off as renewables portfolio pulls ahead of fossil fuels

La Caisse’s oil exit pays off as renewables portfolio pulls ahead of fossil fuels

Divesting from the oil sector has been a boon for La Caisse’s performance, as the Canadian pension giant says its energy investments have earned billions in value-add compared to the benchmark since the inception of its climate strategy. Head of sustainability Bertrand Millot unpacks the fund’s approach in an interview with Top1000funds.com.

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REST case to set climate risk precedent

An Australian case brought by a millennial against his pension fund is a world first and will make law on whether trustees breach their fiduciary duties when they ignore climate change.

ESG obligations a recipe for disaster

Hardly a day goes by without some communication on ESG investing. It seems everyone is getting on the bandwagon. But peers that Paul Bevin speaks to have concerns that virtue may come at a price.

Climate group calls for investor power

Climate Change 100+, a five-year initiative to help carbon emitters navigate the move to clean energy, has built momentum and needs fund managers and investors to propel it even further.

PRI pushes for just transition

The move to a low-carbon world may leave entire communities stranded if investors don’t incorporate its impact on workers into their climate-change models, the PRI says.

CalSTRS CIO backs long-haul investment

The investment community’s obsession with short-term earnings is detrimental but convincing investors to back the slow, patient money is a tough sell, according to the CIO of one of the largest US pension funds, Chris Ailman, speaking at the annual SASB conference.

Nuance the name of the low carbon game

The £30 billion ($38 billion) Brunel Pension Partnership, the asset pool comprising 10 of the United Kingdom’s local authority pension schemes, is finding significant investment opportunities in private-sector renewables infrastructure.

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