Reinforces our approach that factors relating to communities, environment and stewardship, including climate change, are increasingly impacting the strategic, operational and financial profile of companies around the world
Reaffirms our Net-Zero 2050 commitment; on track to achieve carbon neutrality for our internal operations by the end of fiscal 2023
Reports on how our engagement has contributed to material commitments and improvements on governance and climate-related disclosures and practices at public companies globally
TORONTO, Sept. 28, 2022 /CNW/ – Canada Pension Plan Investment Board (CPP Investments) has published its 2022 Report on Sustainable Investing, which focuses on how we achieve clear objectives set out in our legislation against the backdrop of escalating climate risk, and opportunities presented by the whole economy transition towards sustainability.
CPP Investments Logo (CNW Group/Canada Pension Plan Investment Board)
“Our sustainable investing approach helps to protect the retirement savings of the nation’s workforce,” said John Graham, President & CEO, CPP Investments. “We continue to manage the dynamic and emerging material business risks and opportunities to maximize the value of the CPP Fund for the long term.”
In our 2022 Report, we focus on three key areas: sustainability-related considerations in the investment life cycle, our net-zero commitment and how our active ownership delivers results.
“For public companies in our portfolio, we articulate clearly how integration of sustainability-related factors should inform strategy and enhance returns or reduce risks in the business,” said Richard Manley, Managing Director, Head of Sustainable Investing, CPP Investments. “As a global investor, we proactively identify dynamic and emerging material business risks and opportunities and seek solutions to reduce or capture their potential within portfolio companies and align incentives.”
Sustainability-related Considerations in the Investment Life Cycle
Sustainability-related factors, including climate change, are increasingly and more directly impacting the strategic, operational and financial profile of companies around the world. The investment and asset management teams at CPP Investments integrate material sustainability-related factors both before making investments and during the period we hold the asset, as well as when our portfolio companies prepare for listing.
Since these considerations can significantly affect our assessment of a company’s risk profile and value, they are critical in determining the attractiveness of a potential investment and how we can best manage an asset once acquired. On an ongoing basis, we seek to assess, understand and address the …….