Webinar:

Canadian Pensions and the Climate Crisis - How Does Your Pension Stack Up?

On this page you’ll find the recording, slides, and links shared during Shift’s February 8, 2023 webinar summarizing key findings from the 2022 Canadian Pension Climate Report Card.

In this webinar, Shift: Action for Pension Wealth and Planet Health reports on the key findings from the Canadian Pensions Climate Report Card, released in January 2023. The report analyzes the climate plans of eleven Canadian pension funds. We found that, as a sector, Canada’s largest pension funds’ climate plans are not on track to protect their beneficiaries’ retirement security while ensuring a safe climate. In this presentation, we summarize key report findings, outline what actions Canadian pension funds still need to take on climate, highlight promising examples from both Canadian and international pensions, and give you a sense of how your pension stacked up.

Watch the Recording

View the Slides

You can scroll through the slides below or download them here.

Links

Canadian Pensions Climate Report Card, Shift: Action for Pension Wealth and Planet Health
www.shiftaction.ca/reportcard2022 

Detailed report card analyses for all pension managers:
Alberta Investment Management Corporation (AIMCo)
British Columbia Investment Management Corporation (BCI)
Caisse de dépôt et placement du Québec (CDPQ)
Canada Pension Plan Investment Board (CPPIB)
Healthcare of Ontario Pension Plan (HOOPP)
Investment Management Corporation of Ontario (IMCO)
Ontario Municipal Employees Retirement System (OMERS)
OPSEU Pension Trust (OPTrust)
Ontario Teachers’ Pension Plan (OTPP)
Public Sector Pension Investment Board (PSP)
University Pension Plan (UPP)

Report: Canada’s Climate-Conflicted Pension Managers, Shift: Action for Pension Wealth and Planet Health
www.shiftaction.ca/climateconflicted 

Climate Action 100+: Canadian Voting Record, Investors for Paris Compliance
www.investorsforparis.com/ca100report/ 

Roadmap to a Sustainable Financial System in Canada, Ecojustice, Environmental Defence and Shift
environmentaldefence.ca/report/roadmap-to-a-sustainable-financial-system-in-canada/ 

A Renewables Powerhouse, Clean Energy Canada
cleanenergycanada.org/report/a-renewables-powerhouse/

The Climate-Aligned Finance Act, Senator Rosa Galvez
rosagalvez.ca/en/initiatives/climate-aligned-finance/

Why Canada Is Unlikely to Sell the Last Barrel of Oil, IISD
www.iisd.org/articles/deep-dive/why-canada-unlikely-sell-last-barrel-oil 

Two economies collide: Competition, conflict, and the financial case for fossil fuel divestment, Institute for Energy Economics and Financial Analysis
ieefa.org/resources/two-economies-collide-competition-conflict-and-financial-case-fossil-fuel-divestment 

Canadian Pensions Dashboard for Responsible Investing, Smart Prosperity Institute, the Natural Step, Corporate Knights
institute.smartprosperity.ca/sites/default/files/Pensions-Dashboard.pdf 

Five Myths that Oil and Gas Executives Don’t Want You to Believe, Environmental Defence
environmentaldefence.ca/2023/01/27/debunking-five-myths-that-oil-and-gas-executives-want-you-to-believe/ 

Ontario’s new gas plants will cost more than wind and solar, report says. So why are we building them? Toronto Star
thestar.com/news/canada/2023/02/02/ontarios-new-gas-plants-will-cost-more-than-wind-and-solar-report-says-so-why-are-we-building-them.html 


 

Take action

Write to your pension manager now.