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Public Accounts committee  The timing is not yet determined. It will be sooner rather than later. I know that's not what you're hoping to hear in terms of specifics, but it will be sooner rather than later. I also want to be careful that I don't get into disclosure issues, because as I said earlier, we jus

February 15th, 2022Committee meeting

Neil Cunningham

Public Accounts committee  Mr. Bureau, could I ask you to answer that question about the risks?

February 15th, 2022Committee meeting

Neil Cunningham

Public Accounts committee  Once again, you're bordering on our mandate. I'm saying the analogy you gave that someone would have their home, their garden and their pension is our objective in what we do. We spent time on our mandate specifically to say how much does that line “for the long-term benefit of

February 15th, 2022Committee meeting

Neil Cunningham

Public Accounts committee  That's a good one, and that is completely appropriate. I made reference earlier that a little over a year ago the Maple Eight pension funds made a joint statement for the first time ever. I'm proud to say we were the leaders to get it going, where we encouraged all public marke

February 15th, 2022Committee meeting

Neil Cunningham

Public Accounts committee  Thank you for the question. Not to steal thunder from an announcement that we will be making in the near term, we will be announcing that we are completely aligned with global net zero by 2050 in terms of the approach we're taking to investing in climate change. We will have som

February 15th, 2022Committee meeting

Neil Cunningham

Public Accounts committee  The lack of performance indicators was.... Let me say this; I'll approach it a different way. I would say the organization as a whole has sharpened its game in terms of KPIs in general, and the report of the OAG, as I said earlier, highlighted to us that in certain areas we nee

February 15th, 2022Committee meeting

Neil Cunningham

Public Accounts committee  That's correct.

February 15th, 2022Committee meeting

Neil Cunningham

Public Accounts committee  That's an interesting question, because that was a comment directed specifically to an objective of our previous strategic plan, and last year we approved a new strategic plan, in which that specific branding objective is not one of our specific targets. I will say that our plan

February 15th, 2022Committee meeting

Neil Cunningham

Public Accounts committee  Thanks for that question. If you got through Mark's book, I congratulate you, because it is truly a tome in very small print, and there's a lot in it. When you get into values, that strays from the strict mandate that we, as a pension fund, are intended to have. It was mentione

February 15th, 2022Committee meeting

Neil Cunningham

Public Accounts committee  We certainly appreciate the importance of UN SDGs, but we've not implemented them specifically into our investment strategies. Incorporating those SDGs into an investment strategy poses several challenges, including measurement of the alignment of investments and the mandate of t

February 15th, 2022Committee meeting

Neil Cunningham

Public Accounts committee  I want to make sure I understand your question, Mr. Bragdon.

February 15th, 2022Committee meeting

Neil Cunningham

Public Accounts committee  Can you name them all, J.-F.?

February 15th, 2022Committee meeting

Neil Cunningham

Public Accounts committee  The short answer is yes, we are working to reduce, and when we release our climate investment strategy in the next little while, you'll see very specific targets towards investing in green assets, etc. Sometimes the measure of a carbon footprint can be a bit tricky in that our n

February 15th, 2022Committee meeting

Neil Cunningham

Public Accounts committee  I'm not sure I heard the question in there. I definitely heard the commentary. We are committed to TCFD best practices. As I said earlier, the risks are apparent. It's a very nebulous area, though, in that the taxonomies are in flux and being negotiated or discussed, as we speak

February 15th, 2022Committee meeting

Neil Cunningham

Public Accounts committee  Well, ESG is taken into account in everything we do, so it's not just the “E”, not just the “S” and not just the “G”. It's all of them. That's a significant part of all our investing decision-making, so I guess the short answer to your question is yes.

February 15th, 2022Committee meeting

Neil Cunningham