British Columbia Investment Management Corporation sets climate-related targets for public markets
VICTORIA, BC, Feb. 19, 2021 /PRNewswire/ Today, British Columbia Investment Management Corporation (BCI) announces a commitment to five-year climate-related targets for its public markets program. The near-term targets represent a significant step by the leading provider of investment management services to British Columbia s public sector to further benefit from the opportunities and address the risks associated with climate change.
BCI will target a cumulative $5 billion investment in sustainability bonds by 2025 (based on initial participation) and reduce the carbon exposure in its global public equities portfolio by 30 per cent by 2025 (using 2019 as a baseline).
BCI raises expectations on board diversity and addressing climate change risk in new Proxy Voting Guidelines
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VICTORIA, BC, Feb. 9, 2021 /PRNewswire/ - Today, British Columbia Investment Management Corporation (BCI) published new Proxy Voting Guidelines detailing our evolving expectations regarding the governance practices of the publicly-traded companies in which we invest. The new guidelines raise our expectations on increasing board diversity, addressing climate change risk, and reviewing executive compensation in the context of COVID-19 and its impact on human capital.
BCI updates the guidelines every two years. They reflect ongoing research of corporate governance best practices and BCI s understanding of evolving risks facing publicly-traded companies as represented in shareholder proposals.
One of Canada’s biggest asset managers has given a vote of confidence in Britain’s city centre rental housing market by investing about £750 million in a portfolio of eight developments.Quadreal
UNCLE’s Collaboration With QuadReal Shows That Not All Investors Feel Cities Are Dead
January 12, 2021 14:29 ET | Source: QuadReal QuadReal Vancouver, British Columbia, CANADA
UNCLE announces $1BN transformative investment to grow to over $5BN of assets over the next five years
VANCOUVER, British Columbia, Jan. 12, 2021 (GLOBE NEWSWIRE) Realstar Group announced that QuadReal Property Group has invested c.$1B to acquire a majority interest in eight of its UK assets (seven in London, one in Manchester). Four of these assets form part of Realstar’s UNCLE branded rental housing portfolio, including its flagship 45-story tower in the centre of Elephant & Castle, as well its Stockwell, New Cross and Manchester buildings.
Can Temasek Holdings Outperform Any Major Canadian Pension Investor?
Posted on 01/06/2021
Increasingly, both U.S. pensions and some sovereign wealth funds compare themselves to Canada public pensions in a variety of factors such as internal costs, returns, assets, asset allocation, employee compensation, diversification, and others.
Annual Returns
Pension and Sovereign Wealth Fund Abbreviations
Caisse de depot et placement du Quebec – CDPQ
Ontario Municipal Employees Retirement System – OMERS
Canada Pension Plan Investment Board – CPP Investments
British Columbia Investment Management Corporation – BCI
Alberta Investment Management Corporation – AIMCo
Healthcare of Ontario Pension Plan – HOOPP
Ontario Teachers Pension Plan – OTPP
Temasek Holdings (Singapore) – Temasek