The Ontario Teachers Pension Plan has signed on to the United Nations Principles for Responsible Investment. Teachers joins a number of other major Canadian pension plans which are UNPRI signatories, including the Canada Pension Plan Investment Board, the Caisse de dépôt et placement du Québec, the British Columbia Municipal Pension Plan and OPSEU Pension Trust.
More than 200 new signatories have joined the UNPRI in the last 12 months, raising the total number of signatories to 900, managing assets worth nearly US$30 trillion.
A recent survey of UNPRI signatories found that 94% of asset owners and 93% of investment managers have a responsible investment policy, pointing to what the UNPRI calls a “growing commitment to responsible investment.”
Teachers has more than $107 billion in assets and is the largest single-profession pension plan in Canada, administering the pensions of nearly 300,000 active and retired Ontario teachers.
Video:
Dr. James Gifford, Executive Director, UN-backed Principles for Responsible Investment, in conversation with Teachers CEO Jim Leech.
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