Bâtirente, with support from Æquo Shareholder Engagement Services (“Æquo”), submitted a shareholder proposal to the Imperial Oil Limited, asking the latter to adopt a corporate target that would enable it to achieve net-zero greenhouse gas (GHG) emissions by 2050.
Bâtirente announced today that its Board of Directors has elected Yvan Duceppe, Treasurer of the Confédération des syndicaux nationaux (CSN), as its Chair. Mr. Duceppe succeeds Pierre Patry, former Treasurer of the CSN, now retired, who chaired Bâtirente’s Board of Directors for 17 years.
Bâtirente welcomes the announcement by CIBC Bank regarding its intention to publish the greenhouse gas (GHG) emissions associated with its loans and investments, join the Partnership for Carbon Accounting Financials, and consider the adoption of reduction targets aligned with the Paris Agreement.
Bâtirente discloses the carbon footprint of its equity portfolios and takes further action in its climate commitment
Proud to have been among the first signatories of the Montréal Carbon Pledge, Bâtirente is today announcing the carbon footprint of its equity portfolios for 2019. A detailed analysis of our portfolios reveals that, as of December 31, 2019, the carbon footprint of the equities held by Bâtirente is, overall, 22% lower than that of its benchmark portfolios.
Responding to the urgent need to take action, Bâtirente is today unveiling an ambitious climate commitment. For more than 15 years, Bâtirente has worked with intensity and conviction to promote responsible finance, establishing itself as a well-known and respected industry leader. More than ever, there is consensus on the link between human activities and global warming, on the influence of global warming on the economy and investment, and on the need for a focused response.
The situation with the COVID-19 is changing rapidly, day by day. Bâtirente monitors what is going on constantly and takes the necessary measures to ensure continuity in the management of your pension plan and your savings, as well as the security of our team and you, our members. The financial markets have been subject to strong fluctuations since the beginning of March. The situation has stabilized somewhat over the past two weeks but remains very volatile. It is important in this context to remain calm and make decisions with a longer-term perspective.
During this difficult period, we want to remain in touch with you and reassure you on the actions taken by Bâtirente. The situation is evolving rapidly and we are taking all the necessary measures to act responsibly, to ensure the continuity of the management of your retirement and your savings while taking care of the safety of our staff. More than ever, our team is mobilized to provide the necessary support to our members, whether they are still active or retired.
The secure site for plan members is getting better and better! It’s been mobile-friendly (adapted to use on smartphones, tablets and computers) since January, and more improvements are coming September 15.
Au cours des derniers mois, plusieurs événements susceptibles d’affecter l’économie ont fait les manchettes. C’est le cas ces derniers jours des nouvelles économiques canadiennes et de la hausse des taux d’intérêt.
Investor Statement in Support of the Continued Functioning of the Accord to Ensure Bangladesh Factories are Safe for Garment Workers
In May 2013, following the tragic building collapse of Rana Plaza and the death of 1,138 factory workers, the Bangladesh Accord for Fire and Building Safety (Accord) was signed to implement specific safety measures within a five year term and to help build the...