Canadian pension plans leave the investment zero zero target after the goal of 2050 star-news.press/wp

The investments in the Canadian pension plan were thrown by 2050% of carbon emissions, according to the annual report released on Wednesday, following the various Canadian financial institutions that have resisted climate commitments.

CPP investments have noted that there were recent legal developments in Canada, about how zero commitments are interpreted.

The latest changes in the Canadian competition law must be able to make the company’s environmental claims needed.

John Graham, CPP CEO of CPP, say that the fund continues to believe how it manages its portfolio.

“We think it’s really important to include climate entry and sustainability in the portfolio, when we take a long-term vision and long horizon investor,” he said.

“The latest legal developments in Canada have introduced new reflections on how to interpret zero commitments, so it has led us to change a little about it, but nothing is changing.”

The action of the wealth of pensions and the change of planet health, criticized the movement in a statement released on Wednesday, asking how to maintain pension funds in the world of climate breakage “.

“Through a promise to invest in zero-zero, with 2050 commitment, the management of (CPP investment) failed without implementing its most basic goal.

Including several Canadian Banks, BMO, TD Bank and Cibc, climate commitments have also retreated this year, announcing that the United Nations leave the zero net-zero alliance.

The comment by Graham had a net return of 9.3 percent of the Fund for its latest event, a refund of its refund of its refunds for its latest event.