Pension funds join Ottawa in bid to further G7’s diversity, climate risk efforts

Some of Canada’s largest pension funds have joined forces with the federal government and other investors in a bid to advance the G7’s objectives of developing global infrastructure expertise, promoting women in finance in emerging economies, and increasing the disclosure of climate risks by corporations.

“As long-term investors, we know that our returns are affected by the health and strength of countries where we invest,” said Michael Sabia, chief executive of the Caisse de dépôt et placement du Quebec, one of the two Canadian institutional investors leading the partnership.

“In many ways, our performance is tied to their growth and development.”

Read More: Financial Post