Published 23rd of September 2021 by Nina

Ontario Teachers Pension Plan's Trustees Hold Themselves Accountable with Further ESG Interim Target Commitments

One of Canada's largest investors, the Ontario Teachers'​ Pension Plan (OTPP), has just announced impressive interim targets en route to a #sustainable investing goal to achieve #netzero emissions in its portfolio by 2050. 
 
Ambitions include reduction in #emissions in its #investments of 45% by 2025 and 67% by 2030 on a 2019 basis, and encompass equity and corporate credit holdings (across public and private markets), real estate, natural resources etc.
 
With over $180 billion (C$ 225 billion) in assets under management, the OTPP holds great sway and can use its wherewithal to drive systems change within #financialservices markets.
 
“There are many ways of going forward, but only one way of standing still,” said US President Franklin D Roosevelt.  Options are plentiful across environmental, social and governance (#ESG) dimensions. Progress is in the hands of all of us.
 
What are you going to do today to make a difference?
 
#betterbusiness #business #leadership #sustainableinvesting

 

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