OPTrust releases enhanced climate change strategy
OPTrust released its enhanced climate change strategy. The strategy outlines how OPTrust will manage risks and opportunities from a transitioning economy and declares OPTrust's ambition to align its portfolio with the global path towards net-zero emissions by 2050.
"As the world grapples with the growing challenge of climate change, investing sustainably for the long-term health of our pension plan demands addressing climate sustainability," said Peter Lindley, President and Chief Executive Officer at OPTrust. "Our climate change strategy commits to a net-zero portfolio by 2050 and to building the foundation that enables us to embed climate considerations into the way we invest."