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One of Canada’s Largest Pensions Vows Net Zero Emissions by 2050

  • Ontario Teachers’ targets ‘sustained effort’ to go green
  • Investment chief aims to boost climate-friendly investments
The Ontario Teachers’ Pension Plan committed to reaching net-zero emissions across its investment portfolio within three decades.

The Ontario Teachers’ Pension Plan committed to reaching net-zero emissions across its investment portfolio within three decades.

Photographer: Cole Burston/Bloomberg
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The Ontario Teachers’ Pension Plan committed to reaching net-zero emissions across its investment portfolio within three decades.

Ontario Teachers’ will increase investments in climate-friendly projects, ensure companies in its portfolio manage and report their emissions every year and work with them to reach carbon neutrality by 2050, said its chief investment officer. The fund manages C$205 billion ($161 billion) of retirement savings for educators in Canada’s most populous province.