CPPIB: Why achieving net-zero 'is hard and no one should think otherwise'

Canada Pension Plan Investment Board - with more than $380 billion (C$523 billion) in assets under management - firmly believes that decarbonisation begins at home. As a consequence, it has set about driving its own operations to net-zero rather than simply divesting from carbon intensive sectors. “Decarbonising our portfolio is very different to decarbonising our own operations,” Richard Manley, managing director, head of sustainable investing at CPP Investments told AsianInvesto…