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Fossil Fuel Links Hamper Canadian Pension Funds’ Climate Plans

New scorecard marks pension schemes down on exclusion and engagement policies, amid calls for increased regulation of climate plans.

The “extreme entanglement” of Canada’s largest pension schemes with the country’s fossil fuel producers has been cited as a key reason why they lag global peers in decarbonising their investment portfolios. A new benchmark report which compares the climate policies of 11 Canadian pension funds found that none were yet…

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