Climate Change

The risks associated with climate change impact multiple sectors and companies globally. On the other hand, climate change also presents new investment opportunities that contribute to a lower carbon future.

As a leading pension plan, we have the scale and influence to help support global efforts to limit global warming to 1.5° Celsius. This is why we are committed to achieve net-zero greenhouse gas emissions by 2050.

With a long commitment to ESG, becoming net zero is a natural next step for us and aligns with our mission to deliver secure pensions, and purpose to shape a better future. Green investing, direct emissions elimination and avoidance, and reducing portfolio emissions are key aspects of this commitment, in addition to:

Integrating climate change considerations in every investment. This will shape the opportunities we look for, our investment decision-making processes, and how we manage assets we own.

Engaging with portfolio companies to manage their emissions and align to net zero. Enhanced climate-related disclosures, including on their carbon footprints, and a voting policy which supporting our efforts to reduce greenhouse gases emissions are key aspects of our engagement strategy.

Evolving our expertise and growing our investments in climate solutions. We will enhance our capacity to identify, evaluate and make investments in climate solutions by prioritizing teams to build their knowledge of climate related technologies, industries and infrastructure as well as expanding their investment strategies.

Details related to our approach, targets and reporting surrounding our net zero commitment will be published in 2021.

Frequently Asked Questions about climate change at Ontario Teachers' (PDF).
Our climate-related milestones (PDF).

Our latest Climate Change Report provides detailed information about our approach to managing the risks and opportunities related to climate change and was written in accordance with the recommendations made by the Financial Stability Board’s Task Force on Climate-related Financial Disclosure (TCFD).

2019 Climate Change Report

Read about how Ontario Teachers' is actively managing the risks and opportunities of climate change.

Download report (PDF)

 

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