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Canadian pension funds ignore rapid rise in climate dangers

Corporate Knights

This makes their investment horizon extremely long, stretching decades into the future, to ensure they have adequate assets for their payouts and to keep contributions as low as possible for current workers. There were limitations in what the model used could show in terms of physical risks, ” an AIMCo spokesperson says. “We

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Canada's pension plan shouldn’t be a cheerleader for Alberta’s oil and gas industry

Corporate Knights

Canadians require a livable planet on which to retire, and climate scientists and energy modellers are clear that limiting global temperature increase to 1.5℃ It should be obvious that achieving this mandate is dependent on stabilizing global temperatures at relatively safe levels. CPPIB appears to have flunked this test.

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These 50 Canadian corporate citizens are a cut above

Corporate Knights

Just as more than 95% of climate scientists accept the truth of climate change, most corporate leaders recognize that their role in society has changed. The average percentage of sustainable revenues achieved by 2023 Best 50 companies is 46.3%, up from 36.8% Especially if they want to succeed long-term.

Net Zero 293
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Take Five: Lessons Learned

Chris Hall

He did this while sitting next to Professor Jim Skea, Chair of the Intergovernmental Panel on Climate Change, effectively the world’s senior climate scientist. On Tuesday, UN Climate Change Executive Secretary Simon Stiell called for a broader pool of contributors to adaptation finance across public and private finance.

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Mindset Shift

Chris Hall

Professor Steve Keen says asset owners should dedicate more investments to the climate transition, while prioritising scientific predictions over economic ones. Institutional investors are ill-prepared for the impending societal and economic changes likely to be triggered by climate change and have their priorities all wrong.

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Take Five: When Life Gives you Lemons …

Chris Hall

of man-made climate change, one man made the weather. Not-so-quiet quitting It was tempting to try to put together a sustainable investment blog that omitted any mention of incoming US President Donald Trump. After all, the only phenomenon making more weather right now is climate change.

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Take Five:  As Simple as Possible, but Not Simpler

Chris Hall

This week, EU and US policymakers prepared for big shifts impacting sustainable investment, amid further evidence that climate risk is financial risk. Lobbyists and policymakers are gearing up to put flesh on the bones of the European Commissions plans to streamline the requirements of key sustainable finance policies.