In the fall issue of the Rotman International Journal of Pension Management, Ed Waitzer, the Jarislowsky Dimma Mooney Chair in Corporate Governance at York University, Canada, argues the time has come for pension fund trustees and managers to lead rather than be dragged along. This article proposes a number of steps that can be taken to better align incentives and frame decision-making for longer-term perspectives.
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.
The Principles for Responsible Investment will reduce signatories’ responsibilities in their annual mandatory reporting from 240 questions to just 40 next year. The outgoing PRI chief David Atkin explains the move and why asset owners have a big role in stabilising the discussion around responsible investment.
The skirmish between the New York City Comptroller and BlackRock over climate alignment of the city’s public pension funds – a fight worth a $42 billion mandate to BlackRock – highlights the complexity and impracticality of aligning climate expectations, reporting requirements and business imperatives.
Will the relentless pursuit of efficiency undermine our ability to build a resilient and sustainable future? Andrea Caloisi, a researcher at the Thinking Ahead Institute at WTW, explores how complex systems, driven by short-term optimisation, may be fuelling long-term fragility.
In his regular column for Top1000funds.com, Tim Hodgson, co-founder of the Thinking Ahead Institute at WTW, reflects on the dangers of unconstrained action, the limits of efficiency, and why long-term sustainability may depend on knowing when not to act.
Can climate inaction be reversed, or will we keep waiting for someone else to act? Jessica Gao, researcher at the Thinking Ahead Institute at WTW, explores how individuals, investors, and companies can step up to lead the transition - before it's too late.
Will the relentless pursuit of efficiency undermine our ability to build a resilient and sustainable future? Andrea Caloisi, a researcher at the Thinking Ahead Institute at WTW, explores how complex systems, driven by short-term optimisation, may be fuelling long-term fragility.
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