OPTrust reports on effort to integrate responsible investing across portfolio
OPTrust reports on effort to integrate responsible investing across portfolio
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OPTrust, Toronto, focused on climate change and diversity, and integrated a cross-portfolio responsible investing approach in its externally managed investments, according to its 2020 Responsible Investing Report released Tuesday.
OPTrust, which manages the assets of the C$23 billion ($18.7 billion) Ontario Public Service Employees Union Pension Plan, Toronto, is emphasizing capital allocation to opportunities at the intersection of sustainability and innovation, the report said. Environmental, social and governance issues create financial and reputational risks, but we also believe that solving these challenges presents significant investment opportunities, Alison Loat, managing director of sustainable investing and innovation, said in a news release accompanying the report.