CPPIB plans to increase green investment on way to net-zero by 2050

  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Canada Pension Plan Investment Board said on Thursday it planned to almost double its investment in green and transition assets to C$130 billion by 2030 as part of efforts to decarbonise its investment portfolio.

The investor, which manages around C$554.

4 billion in assets on behalf of 20 million people, said it was also committing to reach net-zero greenhouse gas emissions across its portfolio by mid-century.Reporting by Simon Jessop, editing by Huw JonesSubscribe to our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 559. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What experiences will it take for investors & banks to understand 2050 is a ridiculously long target for full decarbonization? Go for 2030.

United States United States Latest News, United States United States Headlines