UPP signs RIA Statement on Climate Change, joins call for increased climate accountability


Today, the Responsible Investment Association issued its new Canadian Investor Statement on Climate Change. UPP is a proud signatory, alongside 35 other Canadian institutional investors and financial institutions representing more than $5.5 trillion in assets under management.

The statement is a clear call for increased climate accountability for investors and companies alike. At UPP, we’re committed to answering this call. Part of being a responsible investor is advancing climate readiness across our portfolio. This is critical to both the success of Canadian companies and communities in the transition to a net-zero world – and our bottom line. Action on climate is therefore integral to our mission to support sustainable pensions for our members, for generations to come.

We’re proud to join forces to amplify and accelerate efforts to make our country a climate-smart leader. This includes emphasizing the need for enhanced climate-related disclosure, active stewardship and useful data to support investments in Canada’s net-zero transition. As we continue to build our approach to responsible investing, we will ensure our ambitions – including those expressed in this statement – are backed by clear plans, timelines and measurable targets.

As COP26 approaches, now is the time to collectively harness the power of Canadian finance and business leaders in mitigating risk and seizing the ample opportunities along the path toward a climate-resilient, net-zero future.

Read the full statement.

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