Panel on Climate Change (IPCC) has warned that to avoid catastrophic climate-related risks to our natural Our commitment to net-zero carbon is a key component and physical environment, we must limit the global of our new investment strategy, which aims to rise in temperatures to no more than 1.5°C above the allocate 100% of our $655 million endowment (as pre-industrial era. [...] To that end, the decision to et de Placement du Québec, the University Pension Plan decarbonize our investment portfolio builds on a long of Ontario, and in the international philanthropic sector, history of funding and investing to address the climate by the McKnight Foundation and The David Rockefeller crisis. [...] The path to net-zero carbon: Our action plan 10 Our Net-Zero Carbon Strategies Invest We invest with impact Transitioning to a 100% impact portfolio is also an opportunity to invest in funds and companies that are As of December 31, 2022, $132 million CAD, or 20% of aligned with our net-zero commitments. [...] We embrace collaboration and partnership, and we are Our Board of Directors will annually review progress committed to sharing our journey with stakeholders, against our Climate Action Plan and our 100% impact peers and partners. [...] And by 2025, we will use our sibility to both contribute knowledge gained from our climate assessments and to climate solutions, and application of sector decarbonization pathways to set to join the growing cho- our sector level targets.
- Pages
- 17
- Published in
- Canada
