Canada Pension Plan abandons net-zero target
“And we’ve been very clear about those factors from the very beginning – those factors that will drive the whole-economy transition”
By News on the Net -- THE GLOBE AND MAIL—— Bio and Archives--May 21, 2025
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The Canada Pension Plan Investment Board has abandoned its net-zero carbon emission target, becoming the latest major business to backtrack on environmental commitments citing legal uncertainty.
CPPIB said Wednesday that “recent legal developments in Canada” have changed how net-zero commitments are interpreted, including requiring adoption of standardized metrics and interim emission-reduction targets. ---More...
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