Responsible investing

Environmental, social and governance issues are key to the board’s investment approach.


Collaboration

The plan is a supporter signatory of Climate Action 100+. We also support BCI in its work leading or co-leading engagement with North American companies in the oil and gas and mining sectors as part of the Climate Action 100+. This work helps ensure the world’s largest corporate greenhouse emitters take necessary action on climate change.

The board also supports BCI’s efforts in responsible investing as an active member and contributor to a number of initiatives. For example, BCI is a member of the steering committee for the 30% Club, which advocates for companies to enhance gender diversity. BCI is also part of the Value Reporting Foundation, formerly the Sustainability Accounting Standards Board, which promotes standards of sustainability reporting.

The board is an affiliate member of SHARE, a leading not-for-profit organization in responsible investment services, research and education. SHARE supports institutional investors to become active owners and develop and implement responsible investment policies and practices.

Climate Action 100+

How it works

Investors sign on to engage with the largest global greenhouse gas emitters to reduce emissions worldwide. Investors pick the companies they will engage with on actions such as emissions targets and board climate competence.

Focus

Ten North American companies in the oil and gas, mining and utilities sectors. BCI leads or co-leads engagements with four companies and supports engagements with six other companies

10

The asks

Commitments from boards/senior management of those companies to:

1

Improve governance of climate risks and opportunities

2

Reduce GHG emissions in line with the Paris Agreement

3

Enhanced disclosure in line with TCFD guidelines

Progress

Over half of the focus companies have set a net-zero by 2050 target


Related content for responsible investing

Letters and submissions

Annual report