Scrapping net-zero commitments step in right direction for CPPIB

The Canada Pension Plan Investment Board’s objective should not be climate activism or other environmental or social concerns, but risk-adjusted financial returns.
Perhaps with the net-zero objective out of the way, the CPPIB can rein in some of the administrative and management expenses associated with pursuing net-zero, writes Matthew Lau. Pexels photograph by Mike Chai
Opinion
BY MATTHEW LAU
June 19, 2025

The Canada Pension Plan Investment Board has cancelled its commitment, established just three years ago, to

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