The path has been set. Major funds have started to add pressure on portfolio managers. Portfolio managers place an increased emphasis on climat change in their allocation of capital. Companies must then react and adopt processes to allow them to identify, assess and reduce their carbon footprint.
Not acting on this front could be harmfull to companies and have a negative impact on the attractiveness of their shares. Fortunately, major institutions are inclined to communicate and initiate a dialogue with management of companies to assist them with their transition into the new environment. All parties involved have an interest in working together towards a common goal.
It is in a full room, that Kim Thomassin, senior vice-president, legal affairs and corporate secretary, Caisse de dépôt et placement du Québec and Valérie Cecchini, vice-president, portfolio manager, Mackenzie Investments, have shared their and their institution’s views with the audience.
Many thanks to our panelists and those in attendance!