The #CanadaPensionPlan (CPP) is investing billions of dollars of our hard-earned retirement savings in risky oil, gas and coal companies that are harming people and fueling the climate crisis.
This week, we have a rare and important opportunity to ask why-- and demand better! Sign up here: https://www.cppinvestments.com/public-meetings
Every two years, the CPP is required by law to hold free public meetings to tell us how they are managing our shared $434 billion in retirement savings. There are ten meetings October 5th to 20th - Ontario's meeting is MONDAY OCTOBER 5.
This gives you the perfect chance to ask why the CPP is still pouring billions of our dollars into fossil fuels that lose money AND damage our future.
(By the end of fiscal year 2020, the CPP’s “Energy and Resources” portfolio dropped 23.4 per cent-- the worst return of any asset group.)
These high-risk fossil fuel investments are incompatible with Canadian and global climate commitments, and inconsistent with the CPP’s mandate to invest in the best interests of Canadians.
You can help flood the CPP’s public meetings with tough questions about its investments in fossil fuels.
Sign up today at https://www.cppinvestments.com/public-meetings. #climateaction #sustainability #greeneconomy #climatecrisis #dirtymoney