Pension plans have increasingly been engaged in reporting on, and aiming to reduce, the carbon footprint of some or all of their portfolio of assets. Where the beneficiaries of the pension plan expect such action, the results can be dramatic and provide clear leadership for others. Other financial institutions are heading in the same direction
For example, the University of Toronto’s Asset Management Corp (UTAM), the entity tasked with the responsibility to manage pension and endowment assets related to the University of Toronto, plans to reduce by 2030 the carbon footprint of the investment portfolios it manages by at least 40 percent from a 2018 base.
Join us for a consideration of the advisability of such a reduction, the possibility of a dramatic increase in the pace of decarbonization, the carbon accounting for such reductions and the related disclosure and transparency issues.
Roger J. Beauchemin, President and Chief Executive Officer, Addenda Capital
Laura Zizzo, Founder and CEO at Mantle314 Inc.
Chris Snyder, director at Guidehouse and leader of the Partnership for Carbon Accounting for Financials Secretariat for North America