Climate Pension Quarterly - Issue #6
The December 2022 edition of Shift’s Climate Pension Quarterly, a collection of climate finance news with a focus on pensions, is now available.
Headlines include:
IMCO became the first pension manager in Canada to set an ambitious target for investments in climate solutions based on percentage of assets under management.
PSP Investments’ Green Asset Taxonomy Whitepaper provided needed clarity of how the fund conceptualizes green and transition assets and their decarbonization trajectories (although questions remain).
CPPIB’s Decarbonization Imperative report acknowledged some stark climate realities.
University Pension Plan’s (UPP) CEO Barbara Zvan was named CEO and Corporate Citizen of the Year, in part for the spearheading of UPP's Climate Action Plan and net-zero by 2040 commitment.
BCI’s updated climate action plan failed to demonstrate climate leadership.
AIMCo committed to NOT set a net-zero target.
CPPIB’s and OTPP’s newly announced Directors continued a troubling trend of fossil fuel entanglement.
Plus:
Planetary Pension Progress, with updates from climate-leading pensions in the United States (US), the United Kingdom (UK), and the European Union (EU);
In the House, with news on climate finance regulation from the EU, the UK and the US; and
What We’re Reading, a round-up of news that caught our eye this last quarter.