‘Voluntary action alone isn’t going to cut it’: watchdog group calls for climate reporting requirements for Canada’s $4-trillion pension fund industry

A new report card finds a widening gap on credible climate action among Canada’s largest pension funds, which manage $2-trillion worth of assets.

A construction site in Ottawa at the site of a mixed use rental building. Collectively, Canada's pension plans make up the largest pool of investment capital in the country, owning airports, pipelines, electrical utilities, and other infrastructure projects around the world.The Hill Times photograph by Andrew Meade

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BY KEVIN PHILIPUPILLAI

January 19, 2023

After highlighting “a huge disparity” among Canada’s largest pension funds when it comes to reporting and action on climate priorities, a watchdog group is calling for broad-based regulation for the financial sector that would “level the playing field” and require ...

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