Canada Pension Plan Investment Board

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2024🗂️ Report periods on file: 2024, 2023, 2020

In its 2024 reporting, Canada Pension Plan Investment Board disclosed greenhouse gas emissions of 13.9K tonnes of CO2e. By scope: Scope 1: 1.1K tonnes of CO2e; Scope 2: 1.4K tonnes of CO2e; Scope 3: 11.4K tonnes of CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

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GHG Emissions
13.9K tonnes of CO2e
2024

📊 Emissions by Scope (2024)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.1K tonnes of CO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.4K tonnes of CO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).11.4K tonnes of CO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202413.9K tonnes of CO2e
2020920.8K tonnes CO2e (Office buildings and data centers combined)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

📅 Medium-term

  • Increase investments in green and transition assets to at least $130 billion by 2030

🔭 Long-term

  • Net zero emissions across the Fund and operations by 2050

🌱 ESG Focus Areas

Climate ChangeSustainability

⚠️ Challenges & Risks +

  • Geopolitical uncertainty and complexity
  • Macroeconomic uncertainty (lower economic growth, higher interest rates and inflation)
  • Sustainability-related factors (climate change)
  • Talent management
  • Disruptive technology risk (Generative Artificial Intelligence)
  • Cyber security breaches
  • Relative underperformance of returns compared to benchmark portfolios

📋 Report Information

Reporting Period: 2024
Assurance: Deloitte LLP