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Canada's CPPIB drops 2050 net-zero emissions goal due to legal changes, facing criticism.
The Canada Pension Plan Investment Board (CPPIB) has dropped its goal to reach net-zero emissions by 2050, citing legal changes in Canada that complicate the interpretation of net-zero commitments.
Despite abandoning the specific target, the CPPIB asserts it will continue to integrate sustainability into its investment strategy.
This move follows similar decisions by several major Canadian banks and has sparked criticism from environmental groups.
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El CPPIB de Canadá deja caer el objetivo de emisiones netas cero para 2050 debido a cambios legales, enfrentándose a críticas.