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.


Signatory to the UN Principles for Responsible Investment (PRI)


First PRI Transparency Report


Expands collaboration by co-founding the Western North America PRI Network and joining Climate Action 100+


Integrates climate risk scenarios into its asset liability review; BCI publishes Climate Action Plan and first Task Force on Climate related Financial Disclosures report


The board adopts new responsible investment beliefs


The board makes climate-related financial disclosures in its 2019 Annual Report


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

Related documents for our net-zero goal

Our path toward net zero by 2050