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Why Climate Risk Is Moving Up the Agenda for Fashion Investors

Why Climate Risk Is Moving Up the Agenda for Fashion Investors
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Welcome to the 'fishbowl': As CPPIB assets grow, increased scrutiny may be the new normal


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Mark Machin faced a virtual grilling last June, when the then-chief executive officer of the Canada Pension Plan Investment Board logged on for a meeting of the House of Commons finance committee.
For about two hours, federal politicians peppered Machin with questions: What is the position of CPPIB vis-a-vis China? Would the Crown corporation consider an environmental audit of its investments? What percentage of the now-$476-billion CPP fund was in Quebec compared to the rest of Canada?
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