Climate Action Investment Commitments

The Caisse de dépôt et placement du Québec has established a new climate strategy with the goal of directing CAD 400 billion into climate action investments by 2030. At the end of 2024, the organization surpassed the targets it set in 2017, achieving a roughly 50 percent reduction in its portfolio’s carbon footprint even as global emissions rose by 6 percent. The 2025–2030 framework prioritizes investments across four key areas: low-carbon assets, nature-based solutions, adaptation and resilience initiatives, and climate-solution enablers. Charles Emond, president and chief executive officer, emphasized that these sustainable investing convictions form an integral part of the Caisse’s fiduciary duty and that the organization will work to ensure its investee companies adopt clear, credible decarbonization plans.

In parallel with its investment objectives, the Caisse joined Global Affairs Canada and a cohort of public and private institutions in the Scaling Capital for Sustainable Development (SCALED) alliance, launched at the Hamburg Sustainability Conference. This coalition, comprising international development agencies from Canada, Denmark, France, Germany, the UK, South Africa, and investment firms such as Allianz Global Investors, AXA SA, and Zurich Insurance Group, aims to remove structural barriers to mobilizing large-scale sustainable development finance. The alliance plans to launch a dedicated investment company by the end of the year, designed to streamline the deployment of private capital into projects with measurable sustainability impacts, including solar energy and entrepreneurship support programs.

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