Committing to net-zero emissions by 2050
January 28, 2021
We’re proud to announce our commitment to achieve net-zero greenhouse gas emissions by 2050.
“As a global pension plan, we will leverage our scale and influence to transition to a low-carbon economy and create a sustainable climate future,” said Jo Taylor, President and CEO. “With coordinated action, net zero by 2050 is an ambitious but achievable goal. We are committed to playing our part alongside other organizations and governments around the world to effect significant, positive change.”
How our net-zero commitment impacts your pension
This decision maintains our commitment to you and to a healthier planet.
“While the transition to the low-carbon economy presents many challenges, it also presents many opportunities to earn the returns we need to pay our members’ pensions while more broadly benefiting society and the environment,” said Ziad Hindo, Chief Investment Officer.
Staying on track
We’ll hold ourselves accountable and report on our progress annually.
Some of the key elements of our approach include:
- Increasing investments in climate-friendly companies and solutions;
- Ensuring portfolio companies manage and report their emissions annually; and
- Advocating for clear climate policies and partnering with global organizations to effect change.