An annual report ranking the green performance of major Canadian pension funds has placed British Columbia’s biggest public investor at the bottom of the pack.
The report, released Wednesday by the climate finance watchdog group SHIFT, analyzed the approach to climate risk and investment decisions of 11 of Canada’s largest pension managers, which together hold $2.4 trillion in retirement savings.
Several Canadian pension fund managers saw their climate record improve in this year’s rankings.
Caisse de dépôt et placement du Québec (CDPQ), Investment Management Corporation of Ontario (IMCO), and Ontario’s University Pension Plan (UPP) took the top three spots after improving across a number of climate metrics.
But the charity’s report
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