Ontario Teachers Pension Plan's Trustees Hold Themselves Accountable with Further ESG Interim Target Commitments
One of Canada's largest investors, the Ontario Teachers' Pension Plan (OTPP), has just announced impressive interim targets en route to a #sustainable investing goal to achieve #netzero emissions in its portfolio by 2050.
Ambitions include reduction in #emissions in its #investments of 45% by 2025 and 67% by 2030 on a 2019 basis, and encompass equity and corporate credit holdings (across public and private markets), real estate, natural resources etc.
With over $180 billion (C$ 225 billion) in assets under management, the OTPP holds great sway and can use its wherewithal to drive systems change within #financialservices markets.
“There are many ways of going forward, but only one way of standing still,” said US President Franklin D Roosevelt. Options are plentiful across environmental, social and governance (#ESG) dimensions. Progress is in the hands of all of us.
What are you going to do today to make a difference?
#betterbusiness #business #leadership #sustainableinvesting
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