The #Canada #Pension Plan #CPP has been lambasted by industry #watchdog #ShiftAction for dropping its 2022 commitment to invest in line with the country’s #NetZero action targets.
Shift Action said the move by the CPP investment board #CPPIB was an “unacceptable abdication of responsibility” to the 22 million #Canadians whose #retirement savings it handles and also “difficult to find” in the organization’s 2025 Annual Report, mentioned just once on the 23rd page of the report released Wednesday morning.
Canada's National Observer · Watchdog says pension plan dropping net-zero target a ‘failure of its fundamental purpose’The Canada Pension Plan Investment Board backing out of 2022 pledge to invest in line with net-zero by 2050 commitment an ‘unacceptable abdication of responsibility,’ says Shift Action.