Tell the Healthcare of Ontario Pension Plan (HOOPP) to Protect Your Pension and the Planet
ShiftHOOPP works to protect pensions and the climate by bringing together Ontario healthcare professionals to engage with their pension fund, the Healthcare of Ontario Pension Plan (HOOPP), on the climate crisis. Healthcare workers are acutely aware of the impacts the climate crisis is having on our loved ones and our communities already, including respiratory impacts, exacerbation of chronic conditions, heatstroke, spread of vector-borne diseases, and mental health impacts. That's why Shift helps healthcare workers understand how their retirement savings impact the climate, and how to engage with their pension fund managers who invest on their behalf.
We’re asking HOOPP to:
Disclose a complete list of assets aligned with a zero-carbon economy, and a complete list of assets allocated to high-carbon investments.
Explain how such high-carbon investments are aligned with Canada’s commitment and the Paris agreement goal to limit global temperature increases to 1.5°C;
Immediately place an exclusionary screen on any new investment in fossil fuels or related infrastructure;
Phase out all current oil, gas, coal and pipeline investments by the end of 2025 at the latest;
Decarbonize its portfolio by 2040; and
Develop a robust engagement strategy to ensure owned companies are on a rapid decarbonization pathway.
Sign the open letter to HOOPP
Learn about HOOPP’s performance on Shift’s 2023 Canadian Pensions Climate Report Card
HOOPP members and allies are pushing the pension fund to phase out fossil fuels
