Our net-zero goal
Net zero means that the assets in a portfolio, in total, do not contribute to global greenhouse gas emissions
Climate action: Our progress
In 2007, the plan became a signatory to the UN Principles for Responsible Investment. Since then, climate risk has become an increasingly important consideration in our short- and long-term strategies.
We were also one of the first large pension plans in Canada to voluntarily report climate-related financial disclosures, starting in our 2019 Annual Report. You can read more about our reporting, which aligns with the Task Force on Climate-related Financial Disclosures, in the plan’s Annual Report.
The chart below highlights milestones in our progress so far.
2006-2007
Signatory to the UN Principles for Responsible Investment (PRI)
2009
First PRI Transparency Report
2016-2017
Expands collaboration by co-founding the Western North America PRI Network and joining Climate Action 100+
2018
Integrates climate risk scenarios into its asset liability review; BCI publishes Climate Action Plan and first Task Force on Climate related Financial Disclosures report
2019
The board adopts new responsible investment beliefs
2020
The board makes climate-related financial disclosures in its 2019 Annual Report
2021
Signs influential investor statements:
- Calling for stronger methane regulations and enforcement
- Global Investor Statement to Governments on the Climate Crisis
- Canadian Investor Statement on Climate Change