The Canada
Pension Plan Investment Board (CPPIB) has more than $4 billion invested
in the top 200 publicly traded oil, gas and coal companies, according
to a newly released report.
Pension Plan Investment Board (CPPIB) has more than $4 billion invested
in the top 200 publicly traded oil, gas and coal companies, according
to a newly released report.
The report
by the Corporate Mapping Project and the B.C. office of the Canadian
Centre for Policy Alternatives looks at whether the investment board
considers global warming when investing Canadians’ pension money.
The answer
is a resounding “no,” said University of Victoria School of
Environmental Studies associate professor James Rowe, one of the report
authors and a co-investigator with the Corporate Mapping Project.