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CPP Investments Backs Active Engagement on Net Zero Path

Chris Hall

Canadian pension fund to eschew “blanket divestment”, emphasising role as “active investor and influencer”. Blanket divestment is not the best way to maximise returns without undue risk of loss. Blanket divestment is not the best way to maximise returns without undue risk of loss. Whole economy transition.

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Canada's pension plan shouldn’t be a cheerleader for Alberta’s oil and gas industry

Corporate Knights

He shared the stage with Teine Energy and Wolf Midstream, two Alberta-based fossil fuel companies owned by CPPIB – neither of which have committed to net-zero emissions. Already, investors with nearly US$41 trillion in assets have at least a partial investment exclusion on fossil fuels. This “consensus” is imaginary.

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Transition in Practice

Chris Hall

Richard Manley, Chief Sustainability Officer at CPP Investments, outlines how the pension plan is greening its portfolio by exerting influence in private and public markets. Averting this cataclysm requires the reduction of global anthropogenic greenhouse (GHG) emissions to net zero by 2050.

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Let the Climate Finance Flow

Chris Hall

At COP26, the Glasgow Financial Alliance for Net Zero ( GFANZ ) declared a sector-wide commitment of US$130 trillion – a number that has increased over the year to US$150 trillion – of private capital to transition the global economy to net-zero greenhouse gas emissions. Engagement ring.

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Investors Search for Answers

Chris Hall

With nature more broadly, there are further layers of complexity,” said Eric Nietsch, Head of Sustainable Investing, Asia, Manulife Investment Management. Large institutional investors have taken divergent approaches to managing the climate risks in their portfolios, with some pension funds divesting fossil fuel holdings.