#Latest news with #InvestmentBoardBloomberg21-05-2025BusinessBloombergCanada's Largest Pension Plan Quietly Abandons Net Zero TargetCanada Pension Plan Investment Board dropped its commitment to achieve net zero emissions by 2050 just three years after establishing the target. The pension plan, which has about C$714 billion ($515 billion) in assets, cited recent legal developments that have changed how such commitments are interpreted. CPPIB's investment portfolio is too complex for standardized emissions metrics and interim targets, according to the firm.
Bloomberg21-05-2025BusinessBloombergCanada's Largest Pension Plan Quietly Abandons Net Zero TargetCanada Pension Plan Investment Board dropped its commitment to achieve net zero emissions by 2050 just three years after establishing the target. The pension plan, which has about C$714 billion ($515 billion) in assets, cited recent legal developments that have changed how such commitments are interpreted. CPPIB's investment portfolio is too complex for standardized emissions metrics and interim targets, according to the firm.
21-05-2025
