The Globe and Mail reports in its Thursday edition that among Canadian institutional investors, the commitment to combatting climate change is broad: Dozens of pension and money managers have signed pledges or joined groups to encourage companies to reduce their emissions. The Globe's David Milstead writes, however, that when it comes time to vote in annual corporate elections for shareholders' climate-change proposals, many of those institutional investors fail to live up to their ideals. A review of voting records of 35 public pension plans and private-sector asset managers by Canadian climate group Investors for Paris Compliance (I4PC) shows 15 voted in support of fewer than half of the shareholder proposals they faced in 2023. Scotia Global Asset Management, the wealth-management arm of Bank of Nova Scotia, voted for one, against seven and had a split vote on 15. The bank did not respond to The Globe for comment. All of the asset managers aligned with Canada's five largest banks -- which also include TD Asset Management, CIBC Asset Management and BMO Global Asset Management -- voted in favour of less than half the proposals they considered. Canada's major public pensions generally supported the climate proposals.