Wellington Management joins net zero asset managers initiative benefitscanada.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benefitscanada.com Daily Mail and Mail on Sunday newspapers.
Pressure from young climate activists is pushing investors to embrace so-called sustainable bonds, experts say.
December 14th 2020
“I don’t even feel 16 at this point,” says Aliya Hirji. “Climate action has aged me 20 years in a good way.” Photo provided
These days, as the Ontario Teachers’ Pension Plan decides where to invest its billions, every move it makes is green-tested by future investors environmental crusaders like Aliya Hirji.
At 16, Hirji, is younger than most organizers in her youth-led climate change advocacy group, Fridays for Future Toronto. She studies the financial markets and their intersection with climate change.
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CPPIB re-assessing post-Covid real asset risk
The impact of the pandemic has led the Canadian pension fund to consider previously under-appreciated risks of some infrastructure and energy assets.
The Covid-19 pandemic has raised the effective risk characteristics of previously stable assets such as property and infrastructure, and is leading the Canada Pension Plan Investment Board (CPPIB) to reassess the risks involved in real asset investment, according to Suyi Kim, Asia head for the fund.
Investment in airports and mid-stream oil and gas facilities has already come under scrutiny by asset owners as the global pandemic impacts demand for travel and energy, but other infrastructure assets are also feeling the strain. Global toll road collections fell by up to 85% in the early stages of the pandemic, according to S&P Ratings.
CareerBuilder to Release Product Updates that Illustrate Power of Talent Acquisition Suite and Improve User Experience hometownregister.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hometownregister.com Daily Mail and Mail on Sunday newspapers.