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Ontario Teachers’ Targets 45% Cut in Carbon Emissions by 2025

  • The pension fund is planning to be carbon neutral by 2050
  • Reductions cover the breadth of its C$228 billion portfolio
    

Photographer: Luke Sharrett/Bloomberg

The Ontario Teachers’ Pension Plan is aiming for a 45% reduction in the amount of carbon its investment holdings release into the atmosphere by 2025 as part of an effort to reach net-zero emissions within three decades.

The pension fund also plans to cut carbon emissions intensity 67% by 2030, compared with its 2019 baseline. These emission reduction targets cover all the fund’s real assets, private natural resources, equity and corporate credit holdings across public and private markets, including external managers, it said in a statement