Canada Pension Plan Investments drops net-zero target after initially aiming for 2050 (www.cbc.ca)

submitted 1 day ago by streetfestival@lemmy.ca to c/canada@lemmy.ca

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Canada Pension Plan Investments has dropped a net-zero by 2050 target for carbon emissions, according to an annual report released on Wednesday, following several Canadian financial institutions that have backtracked on climate commitments.

Several major Canadian banks, including BMO, TD Bank and CIBC, have also backtracked on climate commitments this year, announcing they were leaving a Net-Zero Banking Alliance backed by the United Nations.

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[-] assaultpotato@sh.itjust.works 18 points 20 hours ago

Hi its only May and my province is already literally on fire to the point where my sports games are getting cancelled from air quality cconcerns.