Canada Pension Will Sell Firms That Don’t Take ESG Seriously

Posted by David Logan

Date: November 16, 2022

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The head of Canada’s $400 billion pension fund said he’s willing to cut ties with firms that aren’t committed to their net-zero targets.While the Canada Pension Plan Investment Board doesn’t believe divestment is the right path forward, it will do so if other efforts fail, Chief Executive Officer John Graham said on a panel at the Bloomberg New Economy Forum in Singapore.