Learn about PSP’s Climate Scores
The 2022 Canadian Pension Climate Report Card assesses large Canadian pensions on their handling of climate-related risks. Read the analysis to learn how PSP scores on climate, including an overall score and subscores in the categories of Paris-Aligned Target, Interim Climate Targets, Climate Urgency, Climate Engagement, Climate Integration and Fossil Fuel Exclusions. The analysis is based on publicly available information to December 31, 2022.
The Bronze Star for Greenwashing
As part of the 2022 Canadian Pension Climate Report Card, Shift has assigned PSP a bronze star for its purchase of Alaskan fossil gas assets a month after releasing its inaugural climate strategy, failure to disclose how its own assets fit into its Green Asset Taxonomy, and risky investments in questionable carbon offset markets.
About PSP
PSP Investments is the pension manager for over 900,000 active and retired employees of Canada’s federal government, including federal public servants, the RCMP, and the Canadian Armed Forces and Reserve Force. PSP Investments is a Crown corporation sponsored by the Government of Canada.
Assets Under Management (AUM): $230.5 billion (March 31, 2022)
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