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Canada's biggest pension fund will sell companies that don't take ESG seriously

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CPPIB chief John Graham says the pension will divest if efforts to commit to net zero fail. Find out why other funds don\u0027t share his view.

While the Canada Pension Plan Investment Board doesn’t believe divestment is the right path forward, it will do so if other efforts fail, chief executive John Graham said on a panel at the Bloomberg New Economy Forum in Singapore.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.

Temasek Holdings Pte.’s chief executive Dilhan Pillay took a different view on how to deal with portfolio companies. “You can’t force change because it has to come from within,” he said on the same panel.

 

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It’s okay Danielle Smith will invest in them

Funny part is most of the ESG funds added (quietly mind you) oil and gas for the returns.

can we sue the pension funds because of poor judgement in investing.

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Canada's biggest pension fund will sell companies that don't take ESG seriouslyCPPIB chief John Graham says the pension will divest if efforts to commit to net zero fail. Find out why other funds don\u0027t share his view. This is bad... bad to the bone Who cares. ESG is a huge scam.
Källa: nationalpost - 🏆 10. / 80 Läs mer »