CPP Investments Sustainable Investing Policy: Update Reinforces ESG Role in Long-Term Value Creation | CPP Investments

Canada Pension Plan Investment Board (CPP Investments) has published an updated Policy on Sustainable Investing, reflecting its increased conviction in the importance of considering environmental, social and governance (ESG) risks and opportunities amid an increasingly competitive corporate operating environment. Integrating ESG factors, including climate change, into investment analysis and asset management activities supports the organization’s…

SASB Comment on DOL/EBSA ESG Rule

SASB’s comment emphasizes the financial impact of ESG disclosures. An excerpt, with the full comment below: Why, given the evidence of financial materiality found by SASB and numerous scholars, would ESG investing be singled out by DOL for a special rule, a special documentation requirement, and a “heightened” level of scrutiny? The DOL’s pejorative treatment…

Alan L. Beller: Making Sustainability Reporting Work for Investors and Companies 

Alan L. Beller, a director of the Sustainability Accounting Standards Board (SASB), writes about the efforts to quantify sustainability in financial reports. [I]n the 21st century, financial information doesn’t provide a complete picture of corporate performance….73 percent of institutional investors indicated that they take sustainability (environmental, social, and governance) issues into account in their investment…