Shift: Action for Pension Wealth & Planet Health
@shiftaction.bsky.social
Working to protect pensions & the climate by bringing together beneficiaries & their pension funds to engage on the climate crisis. Project of Makeway.
www.shiftaction.ca
www.shiftaction.ca
Pinned
Legal Challenge to Protect CPP from Climate Risk — Shift - Protect Your Pension and the Planet
www.shiftaction.ca
💥 BREAKING: 4 young Canadians just launched a legal challenge to protect the Canada Pension Plan.
They argue Canada’s $700bn pension fund is failing to manage #climaterisk while investing billions in #fossilfuels – putting our pension savings & the planet in danger. #cdnpoli
They argue Canada’s $700bn pension fund is failing to manage #climaterisk while investing billions in #fossilfuels – putting our pension savings & the planet in danger. #cdnpoli
You don’t call climate change an "existential threat" and the "single biggest investment risk that we face", and then spend the next year pouring $7BN from the Canada Pension Plan into investments which make this crisis worse. That’s reckless and absurd.” #cdnpoli www.shiftaction.ca/news/2025/11...
Statement: Facing climate litigation, CPPIB made at least $7.1 billion in new fossil fuel investments in the last year — Shift - Protect Your Pension and the Planet
Facing landmark climate litigation, the Canada Pension Plan Investment Board (CPP Investments, or CPPIB) has committed at least $7.1 billion to new oil, gas, coal and pipeline assets in the last year....
www.shiftaction.ca
November 14, 2025 at 9:47 PM
You don’t call climate change an "existential threat" and the "single biggest investment risk that we face", and then spend the next year pouring $7BN from the Canada Pension Plan into investments which make this crisis worse. That’s reckless and absurd.” #cdnpoli www.shiftaction.ca/news/2025/11...
The feds caving to industry will encourage polluting companies to #greenwash, harm companies that have invested in credible environmental efforts, and reduce investor certainty that companies are adequately managing climate-related financial risks. #cdnpoli www.theglobeandmail.com/business/com...
Opinion: Ottawa is scrapping Canada’s greenwashing rules. This is a mistake
Canada should not back away from holding firms to account for what they say about the environment
www.theglobeandmail.com
November 13, 2025 at 10:06 PM
The feds caving to industry will encourage polluting companies to #greenwash, harm companies that have invested in credible environmental efforts, and reduce investor certainty that companies are adequately managing climate-related financial risks. #cdnpoli www.theglobeandmail.com/business/com...
Chris Turner: The global energy transition has become inevitable, but Canada is still straddling the gap between credible climate action and the fossil fuel status quo.
www.theglobeandmail.com/opinion/arti...
www.theglobeandmail.com/opinion/arti...
Opinion: A decade after the Paris Agreement, the clean economy is winning
As the world’s climate negotiators gather in Brazil, they must understand that the energy transition is now inevitable
www.theglobeandmail.com
November 12, 2025 at 5:11 PM
Chris Turner: The global energy transition has become inevitable, but Canada is still straddling the gap between credible climate action and the fossil fuel status quo.
www.theglobeandmail.com/opinion/arti...
www.theglobeandmail.com/opinion/arti...
New report from @investors4paris.bsky.social warns that Canada’s largest oil and gas companies could have tens of billions in undeclared environmental liabilities on their books:
www.theglobeandmail.com/business/art...
www.theglobeandmail.com/business/art...
Insufficient disclosure obscuring billions in Alberta oil sands liabilities, advocates say
Shareholders of Canada’s largest oil and gas companies could face a shortfall of tens of billions of dollars tied to spent wells, oil sands mines
www.theglobeandmail.com
November 6, 2025 at 10:02 PM
New report from @investors4paris.bsky.social warns that Canada’s largest oil and gas companies could have tens of billions in undeclared environmental liabilities on their books:
www.theglobeandmail.com/business/art...
www.theglobeandmail.com/business/art...
Yesterday’s federal budget promised progress on “climate competitiveness” – but Canada’s financial system remains dangerously underprepared for the realities of the climate crisis.
🔗 Read the full joint statement from climate finance experts: www.shiftaction.ca/news/2025/11...
🔗 Read the full joint statement from climate finance experts: www.shiftaction.ca/news/2025/11...
www.shiftaction.ca
November 6, 2025 at 12:07 AM
Yesterday’s federal budget promised progress on “climate competitiveness” – but Canada’s financial system remains dangerously underprepared for the realities of the climate crisis.
🔗 Read the full joint statement from climate finance experts: www.shiftaction.ca/news/2025/11...
🔗 Read the full joint statement from climate finance experts: www.shiftaction.ca/news/2025/11...
“If much of the rest of the world is in a state of prolonged recession or depression because of climate change, there is no way that Canada, on a GDP per capita basis, could really benefit," said researcher Timothy Neal. www.nationalobserver.com/2025/10/29/n...
Climate change will hurt Canada's GDP more than previously thought
New economic research indicates Canada (and all countries) will see a larger hit to GDP thanks to climate change.
www.nationalobserver.com
November 4, 2025 at 2:24 PM
“If much of the rest of the world is in a state of prolonged recession or depression because of climate change, there is no way that Canada, on a GDP per capita basis, could really benefit," said researcher Timothy Neal. www.nationalobserver.com/2025/10/29/n...
Four young Canadians are taking the Canada Pension Plan Investment Board to court – saying it’s failing to manage climate risks while investing billions in fossil fuels.
Caledon farmer among four climate activists taking Canada Pension Plan manager to court
Caledon farmer among four climate activists taking Canada Pension Plan manager to court.
thepointer.com
October 31, 2025 at 2:22 PM
Four young Canadians are taking the Canada Pension Plan Investment Board to court – saying it’s failing to manage climate risks while investing billions in fossil fuels.
“The future comes faster than you expect it to,” says 22-year-old Travis Olson. Find out why four young Canadians are taking legal action against the Canada Pension Plan Investment Board:
www.nationalobserver.com/2025/10/27/n...
#Climate #Pensions
www.nationalobserver.com/2025/10/27/n...
#Climate #Pensions
Young Canadians accuse the Canada Pension Plan of mismanaging climate risks
In lawsuit filed Monday, four young Canadians allege the Canada Pension Plan is mismanaging their retirement savings by underestimating climate-related financial risks — the first legal challenge of i...
www.nationalobserver.com
October 31, 2025 at 2:12 AM
“The future comes faster than you expect it to,” says 22-year-old Travis Olson. Find out why four young Canadians are taking legal action against the Canada Pension Plan Investment Board:
www.nationalobserver.com/2025/10/27/n...
#Climate #Pensions
www.nationalobserver.com/2025/10/27/n...
#Climate #Pensions
💥 BREAKING: 4 young Canadians just launched a legal challenge to protect the Canada Pension Plan.
They argue Canada’s $700bn pension fund is failing to manage #climaterisk while investing billions in #fossilfuels – putting our pension savings & the planet in danger. #cdnpoli
They argue Canada’s $700bn pension fund is failing to manage #climaterisk while investing billions in #fossilfuels – putting our pension savings & the planet in danger. #cdnpoli
Legal Challenge to Protect CPP from Climate Risk — Shift - Protect Your Pension and the Planet
www.shiftaction.ca
October 27, 2025 at 3:23 PM
💥 BREAKING: 4 young Canadians just launched a legal challenge to protect the Canada Pension Plan.
They argue Canada’s $700bn pension fund is failing to manage #climaterisk while investing billions in #fossilfuels – putting our pension savings & the planet in danger. #cdnpoli
They argue Canada’s $700bn pension fund is failing to manage #climaterisk while investing billions in #fossilfuels – putting our pension savings & the planet in danger. #cdnpoli
🚨 Canada's pension fund (CPPIB) is bankrolling fossil gas expansion through VoltaGrid—one of its "Sustainable Energy" portfolio companies. They're powering AI data centres with gas and calling it "low-emission." 🧵
October 25, 2025 at 1:44 AM
🚨 Canada's pension fund (CPPIB) is bankrolling fossil gas expansion through VoltaGrid—one of its "Sustainable Energy" portfolio companies. They're powering AI data centres with gas and calling it "low-emission." 🧵
Quebec’s pension manager has seen its renewable assets perform twice as well as the oil component of the MSCI ACWI energy index over the last five years. 📈
🔗 Read more: www.businesstimes.com.sg/wealth/wealt...
🔗 Read more: www.businesstimes.com.sg/wealth/wealt...
Canadian pension fund CDPQ gears up to invest S$13.9 billion in Asia-Pacific
Infrastructure is expected to take up C$9 billion while credit and real estate will account for C$3 billion each Read more at The Business Times.
www.businesstimes.com.sg
October 24, 2025 at 2:22 AM
Quebec’s pension manager has seen its renewable assets perform twice as well as the oil component of the MSCI ACWI energy index over the last five years. 📈
🔗 Read more: www.businesstimes.com.sg/wealth/wealt...
🔗 Read more: www.businesstimes.com.sg/wealth/wealt...
⚠️ The climate crisis is causing us all to re-think the very idea of retirement.
Climate Change Puts A Generation’s Retirement On The Line
Early retirement withdrawals for hardship have tripled since 2020, as disasters strike and insurance fails–leaving workers on their own in old age.
inthesetimes.com
October 15, 2025 at 1:16 PM
⚠️ The climate crisis is causing us all to re-think the very idea of retirement.
🌏Shift's director Adam Scott tells the Wall Street Journal that recent climate policy reversals contradict almost a decade of Mark Carney's climate advocacy.
🔗https://www.wsj.com/world/americas/mark-carneys-shift-from-climate-change-warrior-to-fossil-fuel-cheerleader-97d17782 (paywalled)
🔗https://www.wsj.com/world/americas/mark-carneys-shift-from-climate-change-warrior-to-fossil-fuel-cheerleader-97d17782 (paywalled)
October 9, 2025 at 1:27 AM
🌏Shift's director Adam Scott tells the Wall Street Journal that recent climate policy reversals contradict almost a decade of Mark Carney's climate advocacy.
🔗https://www.wsj.com/world/americas/mark-carneys-shift-from-climate-change-warrior-to-fossil-fuel-cheerleader-97d17782 (paywalled)
🔗https://www.wsj.com/world/americas/mark-carneys-shift-from-climate-change-warrior-to-fossil-fuel-cheerleader-97d17782 (paywalled)
📉 This week’s Canada Pension Plan climate update: CPPIB is still pouring billions into fossil fuels—despite a year of record heat. Let’s break it down. 🧵
October 3, 2025 at 10:21 PM
📉 This week’s Canada Pension Plan climate update: CPPIB is still pouring billions into fossil fuels—despite a year of record heat. Let’s break it down. 🧵
👋 Come say hi! Shift’s Senior Manager Laura McGrath will be speaking about climate change and healthcare pensions this Friday during Toronto Climate Week. greenhealthcare.ca/tocw-2025/
#TorontoClimateWeek #planetaryhealth
#TorontoClimateWeek #planetaryhealth
Toronto Climate Week Inaugural Event 2025 - Canadian Coalition for Green Health Care Inc.
Are you driving change at the intersection of health and climate? The Canadian Coalition for Green Health Care, in partnership with PEACH Health Ontario and the Hamilton Family Health Team, is hosting...
greenhealthcare.ca
October 2, 2025 at 9:02 PM
👋 Come say hi! Shift’s Senior Manager Laura McGrath will be speaking about climate change and healthcare pensions this Friday during Toronto Climate Week. greenhealthcare.ca/tocw-2025/
#TorontoClimateWeek #planetaryhealth
#TorontoClimateWeek #planetaryhealth
⚡ Quebec's pension fund Le Caisse is acquiring Australia’s @Edify Energy for $1 billion.
🐨 Edify combines utility-scale solar generation with battery storage.
🏆 This is a smart financial play that will also accelerate the energy transition.
🔗Read more: www.theglobeandmail.com/business/art...
🐨 Edify combines utility-scale solar generation with battery storage.
🏆 This is a smart financial play that will also accelerate the energy transition.
🔗Read more: www.theglobeandmail.com/business/art...
Caisse de dépôt et placement du Québec to buy Australia’s Edify Energy
Quebec pension fund expects to commit about $1-billion in a deal for the renewable energy and battery developer, part of a push to expand in the region
www.theglobeandmail.com
September 24, 2025 at 5:18 PM
⚡ Quebec's pension fund Le Caisse is acquiring Australia’s @Edify Energy for $1 billion.
🐨 Edify combines utility-scale solar generation with battery storage.
🏆 This is a smart financial play that will also accelerate the energy transition.
🔗Read more: www.theglobeandmail.com/business/art...
🐨 Edify combines utility-scale solar generation with battery storage.
🏆 This is a smart financial play that will also accelerate the energy transition.
🔗Read more: www.theglobeandmail.com/business/art...
Highlights from the Public Sector Pension Investment Board (PSP)'s 2025 climate disclosures 👀
✅ Progress toward 2026 targets
✅ More green assets
✅ Less exposure to carbon-intensive assets
🤨 5 board members with climate expertise–one also sits on Imperial Oil’s board. 🙄
🔗 PSP’s report
✅ Progress toward 2026 targets
✅ More green assets
✅ Less exposure to carbon-intensive assets
🤨 5 board members with climate expertise–one also sits on Imperial Oil’s board. 🙄
🔗 PSP’s report
PSP Investments’ 2025 Climate-Related Financial Disclosures Report outlines advances in sustainability and climate practices
None
www.investpsp.com
September 18, 2025 at 1:13 PM
Highlights from the Public Sector Pension Investment Board (PSP)'s 2025 climate disclosures 👀
✅ Progress toward 2026 targets
✅ More green assets
✅ Less exposure to carbon-intensive assets
🤨 5 board members with climate expertise–one also sits on Imperial Oil’s board. 🙄
🔗 PSP’s report
✅ Progress toward 2026 targets
✅ More green assets
✅ Less exposure to carbon-intensive assets
🤨 5 board members with climate expertise–one also sits on Imperial Oil’s board. 🙄
🔗 PSP’s report
This summer of record wildfires and heat, Canada Pension Plan Investment Board (CPPIB) is doubling down on fossil fuels. Despite a mandate to manage Canadians’ retirement savings “without undue risk of loss,” it’s investing in assets tied to climate failure. #CPPIBWatch
September 11, 2025 at 2:48 PM
This summer of record wildfires and heat, Canada Pension Plan Investment Board (CPPIB) is doubling down on fossil fuels. Despite a mandate to manage Canadians’ retirement savings “without undue risk of loss,” it’s investing in assets tied to climate failure. #CPPIBWatch
Reposted by Shift: Action for Pension Wealth & Planet Health
The new Building Canada Act (in Bill C-5) gives Cabinet power to fast-track projects they designate as serving the “national interest”.
Now, Cabinet will decide the criteria that a project must meet to be deemed in the "national interest".
Now, Cabinet will decide the criteria that a project must meet to be deemed in the "national interest".
September 4, 2025 at 4:06 PM
The new Building Canada Act (in Bill C-5) gives Cabinet power to fast-track projects they designate as serving the “national interest”.
Now, Cabinet will decide the criteria that a project must meet to be deemed in the "national interest".
Now, Cabinet will decide the criteria that a project must meet to be deemed in the "national interest".
🚨 Data centres want to connect up to 2.5 gigawatts (GW) of new fossil fuel capacity to the UK’s's gas transmission network– which is 28% owned by BC’s public pension manager.
www.ft.com/content/7540...
www.ft.com/content/7540...
Data centres look to tap UK gas pipelines to meet power demands
Official enquiries about grid connection suggest need for speedy energy access will support fossil fuel use
www.ft.com
September 3, 2025 at 11:48 PM
🚨 Data centres want to connect up to 2.5 gigawatts (GW) of new fossil fuel capacity to the UK’s's gas transmission network– which is 28% owned by BC’s public pension manager.
www.ft.com/content/7540...
www.ft.com/content/7540...
1/ Canadians might be angry to learn that an LNG terminal in Louisiana backed by $100 million from the Canada Pension Plan has been approved, “advancing President Trump’s energy dominance agenda.” #cdnpoli #uspolitics #LNG
www.offshore-technology.com/news/us-doe-...
www.offshore-technology.com/news/us-doe-...
US DoE grants final authorisation for Commonwealth LNG project
The US Department of Energy (DoE) has issued its final authorisation for Commonwealth LNG to export up to 1.21 billion cubic feet per day (bcf/d) of natural gas in liquefied form to countries without ...
www.offshore-technology.com
September 2, 2025 at 10:59 PM
1/ Canadians might be angry to learn that an LNG terminal in Louisiana backed by $100 million from the Canada Pension Plan has been approved, “advancing President Trump’s energy dominance agenda.” #cdnpoli #uspolitics #LNG
www.offshore-technology.com/news/us-doe-...
www.offshore-technology.com/news/us-doe-...
“Many of Canada’s largest pensions are sleepwalking into a #climatecrisis with existential consequences for their members. The Chief Actuary needs to do its job by ensuring its statutory actuarial valuations of federal plans and programs actually reflect the reality of these risks.” #cdnpoli
Canada’s pension regulator is “sleepwalking into a climate crisis,” warns Shift (@shiftaction.bsky.social) & Ecojustice (@ecojusticecanada.bsky.social).
Underestimated climate risks could put $1T in CPP & PSPP savings at risk.
More: www.theenergymix.com/regulators-b...
Underestimated climate risks could put $1T in CPP & PSPP savings at risk.
More: www.theenergymix.com/regulators-b...
Regulator’s Blind Spots Have Pension Funds ‘Sleepwalking Into Climate Crisis’, Shift Warns
With Canadian pension funds due to see their financial returns fall up to 50 of 60% by 2040 if average global warming reaches 3.7°C, the office that who oversees the financial health of the country’s ...
www.theenergymix.com
August 29, 2025 at 2:23 PM
“Many of Canada’s largest pensions are sleepwalking into a #climatecrisis with existential consequences for their members. The Chief Actuary needs to do its job by ensuring its statutory actuarial valuations of federal plans and programs actually reflect the reality of these risks.” #cdnpoli
The Office of the Chief Actuary is severely underestimating the systemic financial risks of climate change to pension plans and failing to assess the cascading economic and financial impacts of a rapidly warming world.
Read our letter to the OCA. #cdnpoli
www.shiftaction.ca/news/2025/8/...
Read our letter to the OCA. #cdnpoli
www.shiftaction.ca/news/2025/8/...
Shift warns Canada's Chief Actuary is severely underestimating climate risks to public pension plans — Shift - Protect Your Pension and the Planet
Shift, represented by environmental law charity Ecojustice, has written to Canada's Office of the Chief Actuary (OCA) warning that the OCA is severely underestimating the systemic financial risks of c...
www.shiftaction.ca
August 28, 2025 at 6:00 PM
The Office of the Chief Actuary is severely underestimating the systemic financial risks of climate change to pension plans and failing to assess the cascading economic and financial impacts of a rapidly warming world.
Read our letter to the OCA. #cdnpoli
www.shiftaction.ca/news/2025/8/...
Read our letter to the OCA. #cdnpoli
www.shiftaction.ca/news/2025/8/...
Last week, OMERS participated in another round of investment for Group14, which manufactures silicon battery material for use in electric vehicles and consumer electronics. #onpoli #cdnpoli www.koreaherald.com/article/1055...
💲 OMERS has committed to reach $30 billion in green investments by 2030.
💲 OMERS has committed to reach $30 billion in green investments by 2030.
Group14 Closes US$463M Series D Funding Round and Acquires 100% Ownership of BAM Factory in South Korea from SK, Inc.
WOODINVILLE, Wash., Aug. 20, 2025 /PRNewswire/ -- Group14 Technologies today announced that it has closed a US$463M round led by SK, Inc., with strong participa
www.koreaherald.com
August 27, 2025 at 8:29 PM
Last week, OMERS participated in another round of investment for Group14, which manufactures silicon battery material for use in electric vehicles and consumer electronics. #onpoli #cdnpoli www.koreaherald.com/article/1055...
💲 OMERS has committed to reach $30 billion in green investments by 2030.
💲 OMERS has committed to reach $30 billion in green investments by 2030.
1/ The feds will soon name new directors to the Canada Pension Plan Investment Board. #cdnpoli
Our $732bn pension is still fossil-entangled. 3 of 10 directors are tied to oil & gas companies.
Canadians need climate experts– not #fossilfuel interests– on the board. www.hilltimes.com/story/2025/0...
Our $732bn pension is still fossil-entangled. 3 of 10 directors are tied to oil & gas companies.
Canadians need climate experts– not #fossilfuel interests– on the board. www.hilltimes.com/story/2025/0...
Feds must consider oil and gas conflicts for Canada Pension Plan appointees
It’s imperative the two spots fill a troubling gap in the current board: a complete lack of identified climate expertise, and an overabundance of oil and gas entanglements.
www.hilltimes.com
August 26, 2025 at 6:56 PM
1/ The feds will soon name new directors to the Canada Pension Plan Investment Board. #cdnpoli
Our $732bn pension is still fossil-entangled. 3 of 10 directors are tied to oil & gas companies.
Canadians need climate experts– not #fossilfuel interests– on the board. www.hilltimes.com/story/2025/0...
Our $732bn pension is still fossil-entangled. 3 of 10 directors are tied to oil & gas companies.
Canadians need climate experts– not #fossilfuel interests– on the board. www.hilltimes.com/story/2025/0...