Deafeating short-termism: Why pension funds must lead

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.

 

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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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The transition from ESG to SDG

Asset owners reflect on the challenges of integrating the SDGs like problems aligning fiduciary duty to some of the targets of the 17 goals and the fact most of the capital going into the SDGs flows into listed companies in the global north.

Cambridge endowment talks inflation and divestment

Rising inflation will make it more challenging to meet the £4 billion Cambridge University Endowment Fund’s 5 per cent return hurdle, said Tilly Franklin, CIO, speaking at Sustainability in Practice. Franklin oversees a multi asset, diversified portfolio that is managed externally. The fund has significantly outperformed over the long term (10-year returns are 11 per

Private credit’s pivotal role in low-carbon transition

Private credit will play a vital role in accelerating the transition to a low-carbon economy. According to Rob Horn, global head of the Blackstone Credit Sustainable Resources Group, this role is set to get a whole lot bigger.

Investors coalesce around biodiversity to halt loss

Investors are coming together to push investee companies to act on biodiversity in the same way that they have collaborated to put pressure on the biggest polluters to reduce their emissions.

ISSB promises to ease the sustainability reporting burden

The burden of sustainability reporting was a cause of consternation amongst investors gathered at Sustainability in Practice at Cambridge University, but new standards promise to streamline the process.

CalSTRS factors in net zero implications

CalSTRS is putting in place building bricks to meet its 2050 net zero pledge in a process that underscores the complexity and size of the task in hand.

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