Institutional investors must lead our transition to long-term sustainability

Canada’s Globe and Mail recently published an article on forceful stewardship following the announcement by the University of Toronto that it would direct its $6.5-billion in assets under long-term management toward the fight against climate change.
The university decided not just adopt a strategy of wholesale divesting from fossil-fuel companies, but rather, to vote proactively on shareholder resolutions aimed at reducing climate-related risk in the companies it has already invested in.