Report by Shift Action for Pension Wealth and Planet Health shows a high level of inconsistency among 11 major pension funds in Canada
Canadian pension funds are falling short in responding to the climate crisis despite recent progress by some, said a report by an advocacy group out Wednesday.
“But ... just in the last few years, we’ve seen eight of the pensions on the list enact a Net Zero target and a smaller group have actually taken sort of more serious steps of implementing those targets.” On the other end of the spectrum was Alberta Investment Management Corp., which has explicitly said it will not commit to a Paris-aligned portfolio.
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