News.
14 September 2023
PSP Investments today published its annual Sustainable Investment Report, which outlines how the organization is striving to embed sustainable investing into its culture, operations and investment activities to continue to advance capabilities and address emerging risks and opportunities. Accompanying reporting includes PSP Investments’ climate-related financial disclosures based on the recommendations of the Task Force on Climate-related Financial Disclosures
28 June 2023
CEOs of 11 of Canada’s leading pension plan investment managers, representing more than $2 trillion in assets under management, call on companies focused on long-term value to embrace the new International Sustainability Standards Board (ISSB) disclosure framework, launched this week.
3 April 2023
“Fresh Country Farms (“FCF”) are very humbled to have been a member of the PSP NR agribusiness team voted by peers as winner or runner up of three categories in the Agri Investor Awards for 2022.
They include the Asia Pacific Deal of the Year and Global Runner-up for FCF’s increased investment in Australian fresh produce power house Perfection Fresh Australia, in conjunction with Temasek /Equilibrium. And Asia Pacific Farmland Deal of the Year for FCF sponsored Casella vineyards transaction for SPV.
This was a mighty joint team effort by the FCF team in Sydney, the PSP NR team in Montreal and Sydney, and the new SPV team in Adelaide. What an incredible global partnership of agribusiness minds and energy. Congratulations to everyone involved and fellow Award nominees.” Nick Gill, Chief Executive Officer
22 March 2023
As part of the firm’s Sustainable Investment Strategy, the updated Principles guide PSP Investments’ active ownership efforts as long-term investors to contribute to a better total fund long-term risk/return profile, using engagement and voting activities to improve companies’ climate change practices and disclosures.
28 Nov 2022
Fresh Country Farms ex-subsidiary Southern Premium Vineyards (SPV) that owns Australian vineyards, and Casella Family Brands (Casella) announce they have entered into a long-term strategic partnership under which SPV will acquire a number of vineyards from Casella.
10 Nov 2022
Exposure to green assets increased by $6.2 billion to $46.5 billion, driven, in part, by new climate-aligned investments
Companies representing 42% of our portfolio carbon footprint now report GHG data, a 14% increase in data coverage relative to the last year
26 Sep 2022
“The Fresh Country Farms team has been able to watch first-hand incredible mentoring undertaken by Clontarf Foundation on the football field, behind the BBQ and in the classroom. We’re excited to be working with both Clontarf and Stars to provide further opportunities for future development of Clontarf Foundation boys and Stars Foundation girls in both regional and metropolitan Australia.” Nick Gill, Chief Executive Officer
12 Jul 2022
Project supports PSP Investments’ commitment to accelerate a reduction in the greenhouse gas intensity of its Natural Resources portfolio and optimize its carbon sink potential.
Fresh Country Farms is part of this project and commitment.
20 Jun 2022
Fresh Country Farms Europe acquires high-quality citrus orchards in Spain from Citri&Co under a sale and lease-back transaction
20 Apr 2022
PSP Investments anticipates reducing portfolio GHG emissions intensity by 20-25% by 2026 (relative to a September 2021 baseline).
PSP Investments also releases its bespoke Green Asset Taxonomy, a classification system that assesses the firm’s exposure to climate relevant investments across its portfolio and helps measure and manage its exposure to green assets, transition assets and carbon-intensive assets over time.