CPP Investments scraps 2050 net zero target
"A tacit admission that CPPIB was aware that its statements on net zero weren't in line with internationally recognised standards."
Canada’s CPP Investments, one of the world’s largest institutional investors, has abandoned its commitment to achieve net zero across its operations and portfolio by 2050 – a move slammed as an “unacceptable abdication of responsibility”.
The Canadian pension fund removed all mentions of its net zero commitment (first announced in 2022) from its 2025 annual report, but only revealed the decision in the FAQ of its ‘Approach to sustainability’ webpage.
