Canada Pension Plan becomes latest institution to drop carbon ‘net zero’ target
The Canadian Pension Plan is the latest institution to drop its carbon 'net zero' targets as changes to the law require companies to more rigorously prove their environmental claims
By News on the Net -- LifeSiteNews—— Bio and Archives--May 26, 2025
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The investment group in charge of Canada’s governmental pension plan has ditched its “net zero” mandate, joining a growing list of major institutions doing the same.
According to the Canada Pension Plan (CPP) Investments’ latest annual report,
the entity is no longer committed to carbon “net-zero” by 2050. The
CPP’s ditching of the target comes after a number of major institutions,
including the Royal Bank of Canada (RBC), Toronto-Dominion Bank (TD),
Bank of Montreal (BMO), National Bank of Canada, and the Canadian
Imperial Bank of Commerce (CIBC), all made similar moves in recent months. ---More...
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