Canada. Pension fund managers call for strengthened ESG disclosure by companies
In an unprecedented move, some of Canada's largest institutional investors have banded together to ask companies for more rigorous disclosures of environmental, social and governance factors, an effort they say is meant to promote more sustainable and inclusive economic growth. A group of eight pension funds, which together manage a total of about $1.6 trillion in assets, called on corporations in a joint statement Wednesday to standardize their disclosures of so-called ESG factors to help them in their investment...