A tale of two pension funds: one abandons net-zero, the other doubles down on climate action
A tale of two pension funds: one abandons net-zero, the other doubles down on climate action
A tale of two pension funds: one abandons net-zero, the other doubles down on climate action
Canada's two largest pension funds are taking radically different approaches when it comes to sustainable investing. This yawning gap between the Canada Pension Plan Investment Board and Caisse de dép...

Mere weeks after the CPPIB [Canada Pension Plan Investment Board] walked back its net-zero target, the country’s next-largest public pension fund, the Caisse de dépôt et placement du Québec (CDPQ), published its climate action plan and related transition financing framework which doubled down on climate action — effectively blowing a hole through the rationale the CPPIB put forward.