Shift: Action for Pension Wealth & Planet Health

Last week, Shift released our 2025 Report Card, comparing the climate policies of Canada’s largest public pension managers.

Our national pension manager, CPPIB, received an overall D grade on climate – the second-lowest score among major Canadian pension funds. win.newmode.net/shiftaction/...

Our retirement security depends on climate stability.
Send a letter to CPPIB today, telling them to re-commit to net-zero, stop investing in fossil fuels, and align the Canada Pension Plan with a safe climate future. #cdnpoli win.newmode.net/shiftaction/...

Canada’s largest pension investment manager sued over alleged climate risk mismanagement — Shift - Protect Your Pension and the Planet Four young people in Canada are taking the sixth largest pension fund manager in the world to court, claiming it is breaching its duty to invest in their best interests by failing to protect ...

Those costs will fall disproportionately on the youngest beneficiaries in pension plans’ memberships. The report spotlights the legal action that 4 young Canadians launched in October, alleging that CPPIB has failed to protect their savings from #climaterisk. www.shiftaction.ca/news/2025/10...

Fossil Fuel Investments – Report Card 2025 — Shift - Protect Your Pension and the Planet Shift's 2025 Canadian Pension Climate Report Card documents the fossil fuel investments of Canada's 11 largest public pension managers to December 31, 2025.

“What remains to be determined is how quickly policymakers & institutional investors come to the realization that the consequences of inaction are catastrophic and that the transition is inevitable—& act accordingly. The longer they wait, the greater the cost.” www.shiftaction.ca/reportcard20...

A Tale of Two Pension Managers – Report Card 2025 — Shift - Protect Your Pension and the Planet Shift's 2025 Canadian Pension Climate Report Card

“Credible strategies to align pension portfolios with a safe climate are not optional—they are required to meet fiduciary obligations, as minimizing global temperature rise will result in the strongest long-term financial outcomes for plan members.” www.shiftaction.ca/reportcard20...

2025 Canadian Pension Climate Report Card — Shift - Protect Your Pension and the Planet Shift's 2025 Canadian Pension Climate Report Card, an independent benchmark for evaluating the quality, depth and credibility of climate policies for 11 of Canada’s largest pension managers, reveals a...

That exposure will harm the funds and the tens of millions of Canadians who depend on them to secure their pensions, by exposing investments to greater climate and stranded asset risk while missing financial gains in the energy transition. Read the report card here: www.shiftaction.ca/reportcard2025

Canada Pension Plan Gets a 'D' in Climate Finance Report Card The Canada Pension Plan scored a 'D' and failed three of six measures in the latest annual assessment of Canadian pension plans’ climate performance, published this week by Shift Action for Pension We...

While climate leaders are advancing ambitious strategies, scaling up climate investments, and embedding climate risk into portfolio decisions, backsliders are going quiet on climate, retreating from commitments, and expanding fossil fuel exposure.” #cdnpoli www.theenergymix.com/canada-pensi...

Credible strategies to align pension portfolios with a safe climate are not optional – they are required to meet fiduciary obligations.

Canada’s biggest pension funds must invest in climate safety. Send a letter to CPPIB today! #cdnpoli

CPPIB – Report Card 2025 — Shift - Protect Your Pension and the Planet Shift's 2025 Canadian Pension Climate Report Card assesses large Canadian pensions on their management of climate-related risks. Find out how CPPIB scored.

But CPPIB saw its score tumble to a D grade in this year’s report card. The backsliding from CPPIB & some other funds is troubling on its own- but particularly so in the context of the gov’s major projects push & buzz about a possible oil pipeline. #cdnpoli

2025 Canadian Pension Climate Report Card — Shift - Protect Your Pension and the Planet Shift's 2025 Canadian Pension Climate Report Card, an independent benchmark for evaluating the quality, depth and credibility of climate policies for 11 of Canada’s largest pension managers, reveals a...

Shift’s 2025 Canadian Pension Climate Report Card highlighted examples of some pension funds implementing ambitious climate strategies, restricting investments in fossil fuels, and making big investments in the clean energy transition. #cdnpoli

Canada's largest pension fund retreats from climate but other funds show leadership The Canada Pension Plan Investment Board invested at least $7.1 billion in new fossil fuel and pipeline assets between October 2024 and October 2025, pension watchdog Shift Action estimated in its ann...

At a time when the federal government is encouraging Canadian financial institutions to invest in nation-building projects, the Canada Pension Plan Investment Board (CPPIB) keeps investing in #fossilfuels and backing away from climate commitments. #cdnpoli

Canadian pension funds increasingly diverging in climate approach: report | Globalnews.ca The Canadian Pension Plan appears to have quietly abandoned its climate investment strategy, according to a new report from the climate advocacy group Shift.

We tell the Canadian Press the country’s two largest pension funds are going in “totally different directions” on climate. Read the full article:

2025 Canadian Pension Climate Report Card — Shift - Protect Your Pension and the Planet Shift's 2025 Canadian Pension Climate Report Card, an independent benchmark for evaluating the quality, depth and credibility of climate policies for 11 of Canada’s largest pension managers, reveals a...

With climate risks, extreme weather, and the energy transition accelerating, pension funds can’t afford inaction. Their choices today determine whether Canadians’ retirement savings are secure tomorrow. #cdnpoli
Read the full report.
📸 Jim Peaco / National Park Service

The report reveals a widening divide. Leaders like Quebec’s La Caisse are scaling up climate action, while others – including the Canada Pension Plan Investment Board – are retreating from #netzero, increasing fossil fuel exposure and facing legal challenges. Who’s stepping up, who’s falling behind?

2025 Canadian Pension Climate Report Card — Shift - Protect Your Pension and the Planet Shift's 2025 Canadian Pension Climate Report Card, an independent benchmark for evaluating the quality, depth and credibility of climate policies for 11 of Canada’s largest pension managers, reveals a...

Today, Shift released its 4th annual Canadian Pension Climate Report Card, benchmarking the climate policies for Canada’s 11 largest public pension managers. $2.7 trillion in retirement savings is at stake – making their climate strategies central to long-term returns & retirement security.

💰 Every dollar from the CPP invested in climate solutions helps build resilient energy systems while accelerating the shift away from fossil fuels.

To protect our retirement security in a safe climate future, we need more of this from CPPIB. Send a letter today! win.newmode.net/shiftaction/...

John Risley calls time of death on green hydrogen plans. But he's still set on wind turbines | CBC News A massive proposal for a green hydrogen project in western Newfoundland will not be going ahead, but the man behind the plan has a new venture — an interconnected wind-energy corridor through eastern ...

Here in Canada, Pattern Energy is partnering with Clean Grid Atlantic on a proposal to build a $16BN electricity transmission network connecting wind power projects in Newfoundland & Nova Scotia to electricity users in Quebec and beyond the northeastern US. #cdnpoli
www.cbc.ca/news/canada/....

Pattern Energy Announces Agreement to Acquire Cordelio Power - Pattern Energy Pattern Energy Group (Pattern Energy), a leader in clean energy and transmission infrastructure, and Cordelio Power today announced they have entered into a definitive agreement for Pattern Energy to ...

🌞 Two weeks ago, Pattern Energy, a renewable energy & electricity transmission company majority-owned by CPPIB, announced an agreement to purchase Cordelio Power, a renewable energy company with a 1,550-MW portfolio of wind, solar & storage projects. #cdnpoli patternenergy.com/pattern-ener...

Hydrostor prepares to break ground on first utility-scale project in California The US$1.5-billion project in Kern Country was granted final permitting approval last week

🪫 In December, backed by financing from CPPIB, energy storage developer Hydrostor announced it has received final approval to start construction on its first utility-scale project after receiving final regulatory approval in California. #cdnpoli #caleg www.theglobeandmail.com/business/art...

The Canada Pension Plan Investment Board (CPPIB) has the scale, expertise and influence to accelerate the energy transition and develop clean energy projects that are good for our pensions and good for the climate. #cdnpoli www.cppinvestments.com/the-fund/app...

Show your support for the young Canadians taking CPPIB to court. Tell CPPIB to stop fueling the climate crisis with our pensions. Recommit to net-zero, phase out fossil fuel investments, and protect our financial future. #cdnpoli

The Canada Pension Plan is undermining its own sustainability A new kind of lawsuit is holding the pension fund to account for fossil fuel investments that will harm its beneficiaries

Protecting the Canada Pension Plan means protecting the climate that Canadians retire into.

Check out the latest op-ed from Shift, in which we explain that climate stability and pension sustainability are not opposing goals – they are inseparable.
#cdnpoli

⏳ These decisions raise serious concerns about climate risk and Canadians’ retirement savings. Fossil fuel expansion exposes CPP funds to legal, financial & reputational risks.
✍️ Tell CPPIB to do better: win.newmode.net/shiftaction/...
#ClimateFinance #CPPInvestments

🛢️ Up to US$1.05B for an indirect stake in Castrol
🔥 Equipment approved for a proposed LNG export terminal in Louisiana
🏭 A gas plant canceled — but more fossil gas still planned
⚡ 33 gas turbines proposed to power an AI data centre

📉 Canada Pension Plan Climate Update 🌍
Over the holidays, CPP Investments and its portfolio companies made major fossil fuel moves — from oil-linked products to LNG and gas-powered AI infrastructure. Here’s what you should know 🧵

CPPIB Watch: A quarterly update on CPPIB-owned fossil fuel companies (October – December 2025) — Shift - Protect Your Pension and the Planet In late October, four young Canadians announced they are taking the Canada Pension Plan Investment Board (CPPIB) to court. The young Canada Pension Plan (CPP) members claim that CPPIB is breaching its...

As another year of wildfires, heatwaves & floods impacted Canadians from coast to coast, the CPPIB continued to invest our national retirement fund in oil & gas companies making the #climatecrisis even worse.
Read our latest CPPIB Watch for the details. #cdnpoli

Alok Sharma: Climate, capital, and commitment – why pension funds matter Pension funds and asset owners are among the most influential investors in the UK and globally. With their long-term horizons and fiduciary duties, pension funds are well placed to support the transit...

“With their long-term horizons & fiduciary duties, pensions are well placed to support the transition to a #netzero economy. Climate change poses a clear & present threat to pension funds' ability to meet their long-term financial commitments." #cdnpoli

Statement: Canada’s Chief Actuary continues to severely underestimate climate risks to the CPP — Shift - Protect Your Pension and the Planet In its 32nd Actuarial Report on the Canada Pension Plan (CPP), published on Monday, Canada’s Office of the Chief Actuary (OCA) has again failed to consider the increasing potential for systemic climat...

The harsh reality is that the sustainability of the Canada Pension Plan is dependent on a stable climate. A precautionary warning from actuaries is needed to make this clear for decision-makers. #cdnpoli
Canada's Chief Actuary is downplaying these #climaterisks.

Letter to Banks and Pension Funds: Don't Provide Funding to Ksi Lisims LNG | Gitanyow Hereditary Chiefs Gitanyow letter to banks and pension funds urging them not to fund Ksi Lisims LNG

Last week, Shift joined the Gitanyow Hereditary Chiefs and 128 organizations from around the world to urge financial institutions, including Canada's largest pension funds, not to finance or invest in the proposed Kis Lisims LNG terminal in BC. #cdnpoli #bcpoli

YouTube video by Shift: Action for Pension Wealth & Planet Health Webinar: Pension Funds, Climate Risk & the Law

With climate policies weakening, accountability from public institutions matters more than ever. Young Canadians are fighting for a retirement worth having – and a climate that makes it possible.

Watch the webinar on the case: