Aambitious Plan for a Greener Future
Canada’s leading pension fund, La Caisse de dépôt et placement du Québec, has announced plans to invest a total of $400 billion in green technologies and climate protection measures by the year 2030. This decision is part of a comprehensive climate strategy that builds on previous successes in halving the carbon footprint.
Focus on Low-Carbon Investments
La Caisse’s investments will concentrate on four main areas: low-carbon assets, nature-based solutions, resilience to climate risks, and the promotion of pioneering technologies. The aim is to reduce emissions and sustainably transform the real economy. The fund aims to achieve a net-zero emissions portfolio by 2050.
Why Sustainability is at the Core
Despite political challenges and headwinds against sustainable investments in Canada, La Caisse remains committed to this strategy. CEO Charles Emond emphasizes that sustainable investments are not a trend, but a fiduciary duty to mitigate risk and enhance value for investors.
The decision is also financially motivated: it is expected that these investments will yield attractive returns in the long run, making them interesting for private investors as well.
Supporting Innovative Projects
With its investments, La Caisse supports projects like Carbon Upcycling Technologies, which contributes to the decarbonization of industrial processes through innovative technologies for low-carbon cement production.
This initiative positions Canada’s largest pension fund as a leader in climate-focused large investments, with a clear emphasis on financial performance and ecological impact.