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Group urges Canadian pension funds to strengthen climate actions; criticizes some for increasing oil investments.
An advocacy group, Shift Action for Pension Wealth and Planet Health, is urging Canada's public pension funds to take stronger action on climate change as political momentum wanes.
Quebec's CDPQ is praised for its efforts, while Alberta Investment Management Corp. and the Canada Pension Plan Investment Board are criticized for inadequate climate targets and growing oil portfolios.
The report emphasizes the need for pension funds to prioritize long-term climate stability to meet their financial obligations.
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El Grupo insta a los fondos de pensiones canadienses a fortalecer las acciones relacionadas con el clima; critica a algunos por aumentar las inversiones en petróleo.