Canadian pension schemes lagging behind UK on climate action

Canadian pension funds are falling behind others across the world on tackling climate change and protect their members' retirement, according to a new report. The 2022 Canadian Pension Climate Report Card - published by Shift Action for Pension Wealth and Planet Health (Shift) - found inconsistencies among 11 of the top Canadian pension schemes with their initiatives to tackle climate change. The report revealed the schemes ranked highest on their climate efforts were the Caisse de dépôt et placement du Québec (CDPQ), the Ontario Teachers' Pension Plan (OTPP) and Ontario's University ...