Canada's largest pension funds, which hold trillions of dollars in assets combined, are trailing behind many of their international counterparts when it comes to shifting away from investments in fossil fuels, a new report has found.
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Canada's largest pension funds, which hold trillions of dollars in assets combined, are trailing behind many of their international counterparts when it comes…
TORONTO — Canada's largest public pension funds are showing modest improvements on climate action but are moving too slowly overall, says a new report by a climate advocacy group. The progress report from Shift Action for Pension Wealth and Planet Health notes that four of the 11 pension plans it examined still don't have emissions reduction targets for 2030 or 2050. It also says many of the pension funds are still not being transparent about their fossil fuel holdings, and none have acknowledge