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OTPP aims for net-zero emissions by 2050

TORONTO - The Ontario Teachers’ Pension Plan Board is getting serious about climate change with a new commitment to achieving net-zero greenhouse gas emissions and ensuring their portfolio is more environmentally friendly. Smoke pours from the stacks at the Portlands Energy Centre in Toronto on Thursday January 15, 2009. The Ontario Teachers’ Pension Plan Board says it is committing to achieving net-zero greenhouse gas emissions by 2050 with a slew of climate-friendly promises. THE CANADIAN PRESS/Frank Gunn TORONTO - The Ontario Teachers’ Pension Plan Board is getting serious about climate change with a new commitment to achieving net-zero greenhouse gas emissions and ensuring their portfolio is more environmentally friendly.

OTPP aiming for net zero greenhouse gas emissions by 2050

Canadian Press The Ontario Teachers’ Pension Plan Board says it is committing to achieving net-zero greenhouse gas emissions by 2050 with a slew of climate-friendly promises. Canada’s largest single-profession pension plan says in the coming weeks it will establish concrete targets for portfolio emissions and ensure companies it invests in report emissions annually. The pension plan manager says it will direct proceeds from a green bond offering towards climate-friendly investment opportunities and advocate for clear climate policies with the help of global organizations it will partner with. The promises come weeks after an environmental coalition launched a campaign encouraging the board to divest from companies that develop or transport fossil-fuel products.

Ontario Teachers Pension Plan to aim for net-zero greenhouse gas emissions by 2050

by The Canadian Press Last Updated Jan 22, 2021 at 2:40 pm ADT TORONTO The Ontario Teachers’ Pension Plan Board says it is committing to achieving net-zero greenhouse gas emissions by 2050 with a slew of climate-friendly promises. Canada’s largest single-profession pension plan says in the coming weeks it will establish concrete targets for portfolio emissions and ensure companies it invests in report emissions annually. The pension plan manager says it will direct proceeds from a green bond offering towards climate-friendly investment opportunities and advocate for clear climate policies with the help of global organizations it will partner with. The promises come weeks after an environmental coalition launched a campaign encouraging the board to divest from companies that develop or transport fossil fuel products.

OTPP to aim for net-zero greenhouse gas emissions by 2050

OTPP to aim for net-zero greenhouse gas emissions by 2050 The Canadian Press Photovoltaic panels on the Sycamore Solar Farm in Old Romney, U.K., on Monday, Oct. 26, 2020. The U.K. s power supply buffer is set to shrink this winter compared to last year due to outages at power plants and the unexpected closure of two of Calon Energy Ltd. s gas-fired stations after the company went into administration. , Bloomberg TORONTO The Ontario Teachers Pension Plan Board says it is committing to achieving net-zero greenhouse gas emissions by 2050 with a slew of climate-friendly promises. Canada s largest single-profession pension plan says in the coming weeks it will establish concrete targets for portfolio emissions and ensure companies it invests in report emissions annually.

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