Canada’s federal government is working to reduce carbon pollution and adapt to the worsening impacts of climate change. But at the same time, Canada’s national retirement fund, the Canada Pension Plan, continues to invest billions in the oil, gas, coal and pipeline companies fueling the climate crisis.
In a warming world, your pension fund’s investment decisions matter. The Canada Pension Plan is one of the largest pension funds in the world, managing $570 billion in Canadians’ retirement savings.
The CPP has announced a net-zero by 2050 greenhouse gas emissions target and taken small steps to manage the financial risks of climate change and invest in renewable energy and other climate solutions, but our national retirement fund must do much more. Many leading pension funds have established targets for investments in renewable energy, set goals to cut carbon pollution across their portfolio, and completely eliminated fossil fuels from their portfolios.
The CPP must align with the federal government’s climate targets and ensure a safe climate for federal employees and communities across the country.
Tell the CPP to protect your pension and the planet.