Canadian Pension Plan Managers Call to Drive Sustainable and Inclusive Economic Growth
CEOs of eight leading Canadian pension plan investment managers call on companies and investors to help drive sustainable and inclusive economic growth-
The asset owners, representing approximately $1.6 trillion in assets under management, jointly called on companies to provide financially relevant, comparable and decision-useful information, leveraging the Sustainability Accounting Standards Board (SASB) standards and the Task Force on Climate-related Financial Disclosures (TCFD) framework to further standardize ESG-related reporting.
The joint statement declares, “How companies identify and address issues such as diversity & inclusion, human capital, and climate change can significantly contribute to value creation or erosion. Companies have an obligation to disclose their key business risks and opportunities to financial markets and should provide financially relevant, comparable and decision-useful information.”