LONDON (Reuters) – Canada Pension Plan Investment Board said on Thursday it planned to almost double its investment in green and transition assets to C$130 billion by 2030 as part of efforts to decarbonise its investment portfolio.
The investor, which manages around C$554.4 billion ($436.36 billion) in assets on behalf of 20 million people, said it was also committing to reach net-zero greenhouse gas emissions across its portfolio by mid-century.
($1 = 1.2705 Canadian dollars)
(Reporting by Simon Jessop, editing by Huw Jones)