After filing your annual information return (AIR), we wish to point out an important element.
Thanks to the
question on line 401.5 of the AIR, Retraite Québec is now tracking the number of plans for which the administrator integrated the consideration of environmental, social and governance (ESG) factors to the investment policy. The information allows us to better understand the practices in place and to support the development of the sector regarding sustainable finance.
Taking into account ESG factors by supplemental pension plan administrators is an issue at the heart of current concerns. Of course, the way to assess these factors and to react to them varies depending on the situation of each plan, in particular its conception and size. Therefore, it remains essential that these risks be discussed within the pension committee.
Regarding the matter, the Canadian Association of Pension Supervisory Authorities (CAPSA), including Retraite Québec, published
Guideline No. 10 for Risk Management for Plan Administrators 
in September 2024. The purpose of the guideline is to help pension plan administrators manage risks related, notably, to ESG factors.
If you require additional information, do not hesitate to consult our webpage on ESG factors:
Retraite Québec – Environmental, social and governance factors (ESG).