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How a resistance to ESG investing is hurting your portfolio Plus, why Enbridge is a buy, and top stock picks from portfolio managers

How a resistance to ESG investing is hurting your portfolio Plus, why Enbridge is a buy, and top stock picks from portfolio managers
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

The Weather Network - Smart money? Pension funds taking more chances on renewable energy

Smart money? Pension funds taking more chances on renewable energy Daniel Martins Tuesday, December 15th 2020, 6:30 am - Like other pension plans, the Canada Pension Plan is starting to boost its renewables holdings, but critics say many of its first investments are essentially greenwashing. Whether the world s energy future lies in fossil fuels or renewables is still to be determined – but increasingly, the smart money seems to think it s the latter that will win out. Last month, ExxonMobil was dropped from the Dow Jones Industrial Index after more than a century – only to find itself surpassed in market value by a renewable energy company, NextEra.

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