Shift: Action for Pension Wealth & Planet Health

Canada’s proposed oil and gas expansion is a risky bet – for the planet and our economy Updated pledges before this year’s COP30 meeting in Brazil fell well short of what’s needed to achieve net-zero emissions by 2050.

UBC professors Kathryn Harrison and Simon Donner warn against being misled by recent headlines about global oil and gas demand increasing through 2050.

#ClimateFinance #FossilFuels #PensionFunds

41 civil society organizations oppose northwest coast oil pipeline and tankers - Environmental Defence CALGARY CLIMATE HUB, CANADA'S CLEAN50, CANADIAN ASSOCIATION OF PHYSICIANS FOR THE ENVIRONMENT, CANADIAN ENVIRONMENTAL LAW ASSOCIATION, CANADIAN VOICE OF

📣 Today Shift joined 40 other national organizations to stand in solidarity with Coastal First Nations who oppose a crude oil pipeline and tankers project on the north coast of British Columbia.

Read the letter here: environmentaldefence.ca/2025/11/26/4...

#cdnpoli #bcpoli

🚨 Reminder to register for our webinar tomorrow!

Join us on November 25 at 1 pm EST / 10am PST for a discussion on the landmark climate litigation launched by four young Canadians against the Canada Pension Plan Investment Board. #cdnpoli

🔗 Register here: us02web.zoom.us/webinar/regi...

Why Scope 3 emissions are a big deal for Canada | The Narwhal Greenhouse gases released indirectly through business activities, called Scope 3 emissions, can be massive — but Canadian companies don’t report them

“If there isn’t a credible explanation for how Scope 3 emissions will be reduced… then from a risk perspective a company should be able to explain why they see a market for their products in a future if there are broad global commitments to a #netzero future” #cdnpoli thenarwhal.ca/scope-3-emis...

Join us on November 25 at 1 pm EST / 10am PST for a discussion on the landmark climate litigation launched by four young Canadians against the Canada Pension Plan Investment Board. #cdnpoli #climaterisk

Register here: us02web.zoom.us/webinar/regi...

Statement: Facing climate litigation, CPPIB made at least $7.1 billion in new fossil fuel investments in the last year — Shift - Protect Your Pension and the Planet Facing landmark climate litigation, the Canada Pension Plan Investment Board (CPP Investments, or CPPIB) has committed at least $7.1 billion to new oil, gas, coal and pipeline assets in the last year....

You don’t call climate change an "existential threat" and the "single biggest investment risk that we face", and then spend the next year pouring $7BN from the Canada Pension Plan into investments which make this crisis worse. That’s reckless and absurd.” #cdnpoli www.shiftaction.ca/news/2025/11...

Opinion: Ottawa is scrapping Canada’s greenwashing rules. This is a mistake Canada should not back away from holding firms to account for what they say about the environment

The feds caving to industry will encourage polluting companies to #greenwash, harm companies that have invested in credible environmental efforts, and reduce investor certainty that companies are adequately managing climate-related financial risks. #cdnpoli www.theglobeandmail.com/business/com...

Opinion: A decade after the Paris Agreement, the clean economy is winning As the world’s climate negotiators gather in Brazil, they must understand that the energy transition is now inevitable

Chris Turner: The global energy transition has become inevitable, but Canada is still straddling the gap between credible climate action and the fossil fuel status quo.
www.theglobeandmail.com/opinion/arti...

Insufficient disclosure obscuring billions in Alberta oil sands liabilities, advocates say Shareholders of Canada’s largest oil and gas companies could face a shortfall of tens of billions of dollars tied to spent wells, oil sands mines

New report from @investors4paris.bsky.social warns that Canada’s largest oil and gas companies could have tens of billions in undeclared environmental liabilities on their books:
www.theglobeandmail.com/business/art...

Yesterday’s federal budget promised progress on “climate competitiveness” – but Canada’s financial system remains dangerously underprepared for the realities of the climate crisis.

🔗 Read the full joint statement from climate finance experts: www.shiftaction.ca/news/2025/11...

Climate change will hurt Canada's GDP more than previously thought New economic research indicates Canada (and all countries) will see a larger hit to GDP thanks to climate change.

“If much of the rest of the world is in a state of prolonged recession or depression because of climate change, there is no way that Canada, on a GDP per capita basis, could really benefit," said researcher Timothy Neal. www.nationalobserver.com/2025/10/29/n...

Our pensions should protect our future – not fund the crisis threatening it.
✍️ Tell CPPIB: phase out fossil fuels & recommit to net zero.
#ClimateAction #CPPIB #PensionSecurity #ClimateRisk

Applicant Rav Singh says:
“Our case is alleging that CPP Investments is mismanaging our pension fund by failing to adequately respond to climate change.”

Caledon farmer among four climate activists taking Canada Pension Plan manager to court Caledon farmer among four climate activists taking Canada Pension Plan manager to court.

Four young Canadians are taking the Canada Pension Plan Investment Board to court – saying it’s failing to manage climate risks while investing billions in fossil fuels.

Young Canadians accuse the Canada Pension Plan of mismanaging climate risks In lawsuit filed Monday, four young Canadians allege the Canada Pension Plan is mismanaging their retirement savings by underestimating climate-related financial risks — the first legal challenge of i...

“The future comes faster than you expect it to,” says 22-year-old Travis Olson. Find out why four young Canadians are taking legal action against the Canada Pension Plan Investment Board:
www.nationalobserver.com/2025/10/27/n...

#Climate #Pensions

This case could set a strong precedent: pension funds must consider the risks of runaway global warming.
📢 Urge CPPIB to align with its legal duty + protect our pensions: win.newmode.net/shiftaction/...
#CDNpensions #SustainableFinance #ClimateRisk #cdnpoli

The Canada Pension Plan Investment Board (CPPIB) is a long-term investor. Its mandate? Maximize returns without undue risk of loss.
But it’s still investing billions in #fossil fuels – despite mounting evidence of systemic #climaterisk & #StrandedAsset exposure. #cdnpoli

Legal Challenge to Protect CPP from Climate Risk — Shift - Protect Your Pension and the Planet

💥 BREAKING: 4 young Canadians just launched a legal challenge to protect the Canada Pension Plan.
They argue Canada’s $700bn pension fund is failing to manage #climaterisk while investing billions in #fossilfuels – putting our pension savings & the planet in danger. #cdnpoli

🔗 Tell CPPIB to align its investments with a secure financial future for Canadians: win.newmode.net/shiftaction/...
#ClimateFinance #SustainableInvesting #FossilFuels #NetZero #ClimateAction #AI #ArtificialIntelligence #DataCenters

Betting on high-carbon assets in a clean energy transition isn't just bad for the planet, it's a financial red flag. Canadians deserve a pension fund that invests in our future, not fossil fuel expansion.

VoltaGrid falsely markets its fossil gas systems as "sustainable" and "near-zero emissions." Meanwhile, CPPIB has invested hundreds of millions and sits on their board.

🚨 Canada's pension fund (CPPIB) is bankrolling fossil gas expansion through VoltaGrid—one of its "Sustainable Energy" portfolio companies. They're powering AI data centres with gas and calling it "low-emission." 🧵

Canadian pension fund CDPQ gears up to invest S$13.9 billion in Asia-Pacific Infrastructure is expected to take up C$9 billion while credit and real estate will account for C$3 billion each Read more at The Business Times.

Quebec’s pension manager has seen its renewable assets perform twice as well as the oil component of the MSCI ACWI energy index over the last five years. 📈

🔗 Read more: www.businesstimes.com.sg/wealth/wealt...

Take Action — Shift - Protect Your Pension and the Planet

🌍 There is no retirement security without a safe climate future to retire into. It could become impossible for pension funds to fulfill their mandate if we fail to limit global warming to safe levels. Take action today. Tell your pension fund to protect your savings and the climate.

📉 For our pension funds - the institutions we’ve put our trust in to help secure our retirement future – the warning should be clear: “Even well-diversified investments can’t offer protection if the entire market is exposed to climate-driven instability.”

❗ From seniors having to dig into their long-term savings to rebuild after climate-fueled storms to people losing their home insurance due to wildfires, this long read explores the contradictions of pension funds investing in fossil fuels while their own members pay for the costs of climate change.

Climate Change Puts A Generation’s Retirement On The Line Early retirement withdrawals for hardship have tripled since 2020, as disasters strike and insurance fails–leaving workers on their own in old age.

⚠️ The climate crisis is causing us all to re-think the very idea of retirement.

🌏Shift's director Adam Scott tells the Wall Street Journal that recent climate policy reversals contradict almost a decade of Mark Carney's climate advocacy.

🔗https://www.wsj.com/world/americas/mark-carneys-shift-from-climate-change-warrior-to-fossil-fuel-cheerleader-97d17782 (paywalled)

⏳ The Canada Pension Plan must put our best interests first. That means real climate leadership—not doubling down on fossil fuels. #CPPIB #ClimateFinance #FossilFree

Canada’s largest public investor is putting our pensions—and the planet—at risk. It’s time to divest from fossil fuels and fund a climate-safe future.