A man wearing a protective mask sits on a bench on April 10, 2020 in New Delhi as India remains under an unprecedented lockdown due to the highly contagious coronavirus disease.
Yawar Nazir | Getty Images
SINGAPORE — Canada’s massive pension fund plans to invest up to a third of its funds in emerging markets over the next five years and India is an important destination, according to a senior executive.
The Canada Pension Plan Investment Board (CPPIB) manages about 434.4 billion Canadian dollars ($329.75 billion) as of June 30. A bulk of its investments are in North America — around 34% of total assets are allocated in the United States — followed by Asia.
“We expect to invest up to one third of the Fund in emerging markets by 2025 and India is a key component of that,” Suyi Kim, CPPIB’s Asia Pacific head, told CNBC by email.
We all have a role to play in saving our planet, and as investors, that role is super simple: Embrace ESG investing.
What on Earth does that mean?
ESG stands for environmental, social and corporate governance, and ESG stocks broadly represent investments in companies that are doing good by those three factors.
These companies are promoting the adoption of clean energy to reduce our carbon footprint. They are driving us forward on a path toward ubiquitous electric vehicle adoption. They are bringing us into a new era of plant-based foods where we do not subject animals to harsh living conditions.
All in all, these are the companies which are helping us create a brighter future for ourselves, our children and their children.
They are good companies.
And they also happen to be great investment opportunities. ESG investing will outperform in a huge way over the next decade for two big