Canada's pension funds still powered by fossil fuels

Canada's pension funds still powered by fossil fuels

From: Redeye
0 0 about 1 year ago
The British Columbia Investment Management Corporation is the fourth largest pension fund manager in Canada. It controls more than $135 billion, including almost all of the province’s public sector pension funds. A new report has found that, at a time when the financial risks and societal harms posed by climate change are mounting, the BCI is increasing its oil and gas holdings. We talk with James Rowe, associate professor at the University of Victoria and one of the authors of the report.

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