Does climate investment still make sense for pension funds?
In this episode of The Responsible Investor Podcast, Bertrand Millot of La Caisse discusses corporate decarbonisation, collective action and adaptation investment.
Climate action is facing headwinds in North America but Canada’s big pension funds are staying the course.
That’s the message from Bertrand Millot, head of sustainability at La Caisse. The $550 billion manager of Quebec’s public pension funds set its first climate strategy in 2017, and by the end of last year, it had $164 billion allocated to “climate action investments”.
In the latest episode of The Responsible Investor Podcast, he explains the evolution of La Caisse’s approach to climate investment over the past decade to RI editor-in-chief Lucy Fitzgeorge-Parker.
As well as setting out what La Caisse wants to see from corporates – board-level climate capabilities, credible transition plans and relevant disclosures – Millot makes the case for asset owner involvement in policy engagement, stresses the power of collective action, and looks at the opportunities for investment in climate adaptation.
Bertrand Millot (L) and Lucy Fitzgeorge-Parker
In this episode
Bertrand Millot is head of sustainability at La Caisse
Lucy Fitzgeorge-Parker is editor of Responsible Investor
Nearly there!
A verification email is on its way to you. Please check your spam or junk
folder just in case.
If you do not receive this within five minutes, please try to sign in again.
If the problem persists, please email:
subscriptions@pei.group.
Copyright PEI Media
Not for publication, email or dissemination
Share with other subscribers
Only logged in subscribers of this site will be able to access the shared article.
