Canadian Pension Pledges $400 Billion for Green Investing (2)

La Caisse, one of Canada’s largest institutional investors, is doubling down on its sustainable investing targets after meeting its goals for this year earlier than expected.

The pension fund, whose full name is Caisse de Depot et Placement du Quebec, pledged on Thursday to invest $400 billion by the end of the decade in companies committed to decarbonizing their operations and in climate solutions such as low-carbon technologies.

“We are reaffirming our sustainable investing convictions because they are at the heart of our fiduciary responsibility,” Charles Emond, president and chief executive officer of La Caisse, said in a ...