Canadian financial institutions — banks, pension funds and private equity firms — fund the fossil fuel industry and are therefore helping fuel the climate crisis. Why won’t Ottawa hold them to account?
The fact that so many Canadian pension funds are tied to oil and gas companies is a deeply structural form of racialized oppression and a denial of Indigenous rights.
A recent study suggests that divesting in fossil fuels not only allows investors to address their climate change concerns, it also reduces financial risks and increases financial returns.
Fossil fuel divestment apparently works. Research suggests announcements of divestments have a significant impact on the fossil fuel industry’s share prices.
Universities have the power to transform society not just through how they operate their campuses, but also through how they invest their endowments and pensions funds.
Pension fund managers must consider environmental, social and governance issues when making investment decisions. The student funding crisis is a perfect example of a social issue.
Sovereign Wealth Funds have about $7 trillion to invest in the companies we work for – and new research shows that the biggest of them brings some extra benefits.
Private equity is becoming much less private these days. But it is still not clear who will benefit from this new-found openness and accessibility. Not so long ago, private equity operated largely outside…