Transitioning finance to finance the transition

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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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COP28 points investors towards 2030 & 2035

Despite uncertainties, Fiona Reynolds argues that COP28 outcomes represent an opportunity for investors, including positioning investment beliefs and portfolio construction for the likely outcomes post 2025, 2028 and 2030.

At COP28, financial sector innovation bolsters headlines

COP28 in Dubai had all the ingredients for both decisive action and controversy, given the UAE's status as a significant fossil fuel producer. But importantly for this sector there was also financial innovation on display. FCLTGlobal’s Olivier Lebleu highlights some of the fund managers showing ingenuity at COP28.

Meeting multiple objectives: The pension fund addressing mental health

With the right governance models pension funds can play a role in broader societal issues, such as mental health in the workplace, while still delivering financial security for members. A unique “democratic governance structure” at the Danish Velliv Association allows it to manage multiple objectives, chief executive Lars Wallberg said.

Private equity well positioned to decarbonise portfolios, but still lagging

Private equity has the potential to play a strong role in decarbonising portfolios, but many funds are lagging both in transparency and in action towards net zero, investors from  Harvard and Oxford endowments and the French fund Caisse de Depots said.

Products and services, not operations, key to assessing ESG

Global asset management firm Robeco has differentiated its ESG assessment methodology to give a more accurate picture of the impact investors have on sustainable development goals (SDGs), according to Rachel Whittaker, the firm’s head of sustainable investment research.

Board control critical to ESG stewardship in unlisted infrastructure

Investors can de-risk and increase the long-term returns of unlisted infrastructure assets by enacting forward-looking ESG transitions, investors say, but they need to ensure sufficient control at the board level.

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