Pension Funds in Canada Falling Short on Climate Commitments, New Report Reveals
Montreal, Canada – A recent report by the advocacy group Shift Action for Pension Wealth and Planet Health has shed light on Canada’s largest pension funds’ slow progress in shifting away from fossil fuel investments. The report evaluated 11 of the country’s most significant pension managers against global greenhouse gas emission reduction targets and international best practices. While some improvement has been noted since the previous assessment, the overall pace of progress is deemed insufficient …