BC public pensions fuel climate change crisis
by Zoë Yunker, Jessica Dempsey and James Rowe | June 25, 2018
If you have a public pension in BC, your retirement savings are likely fuelling the climate change crisis. The pensions of over half a million British Columbians are administered by the British Columbia Investment Management Corporation (BCI), formerly known as the bcIMC. It’s the fourth largest pension fund manager in Canada and controls one of …
Canada’s Fossil-Fuelled Pensions: The Case of the British Columbia Investment Management Corporation
by Zoë Yunker, Jessica Dempsey and James Rowe | June 25, 2018
The British Columbia Investment Management Corporation is the steward of BC’s public pensions, but bankrolls companies whose current business models exceed the climate change targets agreed to in the Paris Agreement to which Canada is a signatory. This report shows that the Corporation’s claims of responsible investment are more talk than walk, as its actions are not …