Tell PSP Investments to protect your pension and the planet

Send a letter to PSP fund managers and your union leaders.

The climate crisis is here and impacting millions of Canadians. It’s bringing unprecedented floods, storms, wildfires and heatwaves, destroying critical national infrastructure and ruining the lives and livelihoods of Canadians from coast to coast to coast.

Canada’s federal government is working to reduce carbon pollution and adapt to the worsening impacts of climate change. But at the same time, the massive pension fund for federal employees, PSP Investments, continues to invest in the oil, gas, coal and pipeline companies fueling the climate crisis.

In a warming world, your pension fund’s investment decisions matter. PSP manages nearly $244 billion in federal employees’ retirement savings. Its investments can have a huge impact on how quickly Canada and the world can transition to a zero-emissions economy while continuing to grow your pension savings in a warming world. The investment decisions of fund managers like PSP influence whether companies build electric cars and solar panels, or diesel engines and oil and gas infrastructure.

PSP released its inaugural Climate Strategy in April 2022, fleshed out a Green Asset Taxonomy in November 2022, and has taken steps to manage the financial risks of climate change and invest in renewable energy and other climate solutions. But PSP must do much more. Many leading pension funds have set much stronger targets to reduce financed emissions, while others and completely eliminated fossil fuels from their portfolios.

The pension fund for Canada’s federal public service must align with the federal government’s climate targets and ensure a safe climate for federal employees and communities across the country.

Tell PSP Investments to protect your pension and the planet.