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Canada's pension plan shouldn’t be a cheerleader for Alberta’s oil and gas industry

Corporate Knights

Graham’s speech also included dubious statements about divestment and the pace of transition away from fossil fuels, claiming that the “global investment community has also changed its tune when it comes to fossil fuel divestment.” This “consensus” is imaginary.

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Memo to CPPIB: There’s no such thing as ‘no-carbon oil’

Corporate Knights

Last month, the Canada Pension Plan Investment Board (CPPIB) released its 2022 Report on Sustainable Investing , highlighting its commitment to be net-zero by 2050 and its engagement strategy to pressure companies to manage climate risks. There’s no taking the carbon out of the barrel.

Net Zero 363
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Report: Meet the top 200 companies investing in a clean energy future

Corporate Knights

Larry Fink, the CEO of the largest investment firm in the world, wrote in his 2022 letter to CEOs: “It’s been two years since I wrote that climate risk is investment risk. Sustainable investments have now reached $4 trillion. Cement carbon laggards Companies in the cement industry that were divested by NBIM.

Net Zero 360