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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Culture, structure for the long term

Ten Ideas to Foster Long-term Investing is the last of three related papers. The trilogy offers concepts and actions for pulling away from short-term thinking. Here are some of the key steps.

Human rights benchmark a catalyst

The Corporate Human Rights Benchmark aims to intensify the race to the top for companies in their efforts to drive abuses from the supply chain. A new report shows it's working.

Treat patience as a finite resource

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Gore spruiks sustainable investment

Former US vice-president Al Gore told the Milken conference the world has all it needs to turn potential environmental disaster into the biggest investment coup ever - with the right approach.

Mercer touts ESG integration, SDGs

Embedding ESG factors into investment decision-making processes makes related risks more apparent, while strategies based on SDGs align portfolios more closely with long-term wealth creation.

Industriens seeks more in renewables

Fresh off a windfall from green-energy assets in Asia, Denmark’s $26.9 billion Industriens Pension is looking to employ the model in Africa and Latin America, where it has a track record.

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