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Shift: Action for Pension Wealth & Planet Health

@shiftaction.bsky.social
618 followers 1.1K following 586 posts

Working to protect pensions & the climate by bringing together beneficiaries & their pension funds to engage on the climate crisis. Project of Makeway. www.shiftaction.ca

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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 28/09/2026
The Canada Pension Plan Investment Board (CPPIB) is about to host public meetings and answer to Canadians. We imagined how they’re getting ready. youtube.com/shorts/U-2xJ...
youtube.com
The Canada Pension Plan Investment Board Gets Ready to Answer Canadians’ Climate Questions
YouTube video by Shift: Action for Pension Wealth & Planet Health
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 26/09/2026
CPPIB’s public meetings start in under two weeks. Since the last round, it has dropped its net-zero commitment, put $6B into fossil fuels in 2025 alone, been hit with a climate-risk legal challenge, and still has no Indigenous rights policy.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 23/09/2026
Canada Pension Plan public meetings have been announced! Vancouver Oct 5 | Ottawa Oct 8 | Winnipeg Oct 14 | Saskatoon Oct 15 This is a rare chance to question leadership on climate, fossil fuel expansion and Indigenous rights. Sign our petition before the meetings. win.newmode.net/shiftaction/...
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 21/09/2026
A federal court has ruled that a case brought by young Canadians to hold the federal government to account for a plan to achieve its climate targets can proceed to a hearing. The government had sought to strike the case before it could proceed to a full hearing #cdnpoli
cbc.ca
Carney government dealt an early blow in climate litigation | CBC News
A federal court refused to strike down a climate lawsuit brought against the Carney government by Canadian youth.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 16/09/2026
Former prime minister Stephen Harper, now chair of the Alberta Investment Management Corporation (AIMCo), closed the Canada Investment Summit, which drew over 250 high profile investors to Canada to get pitched on projects from fossil fuels to clean energy.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 10/09/2026
Our take on the Canada Investment Summit: the government is shopping around at least 11 fossil fuel projects while Canadians are picking up after climate disasters and the government’s own experts are warning that the country could experience temperatures 5 degrees above average.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 09/09/2026
The Canada Pension Plan Investment Board (CPPIB) is making a risky bet on gas to power the build-out of data centres for AI -- contradicting its own Climate Change Principles, crowding-out renewable energy, and locking-in carbon pollution for decades. #cdnpoli
shiftaction.ca
CPPIB Watch: A quarterly update on CPPIB-owned fossil fuel companies (September 2026) — Shift - Protect Your Pension and the Planet
The Canada Pension Plan Investment Board (CPPIB) is making a risky bet on gas to power the build-out of data centres for artificial intelligence (AI). By supplying the insatiable demand for energy ass...
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 07/09/2026
Happy Labour Day! Thank you to labour unions for continuing to fight to make people’s lives better. Unions have long fought for workers’ retirement security, helping to build the pension funds that now manage the retirement savings of millions of Canadians.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 01/09/2026
A case filed against the Canada Pension Plan Investment Board is at the forefront of a global trend of financial institutions facing climate litigation for breaching fiduciary duty and financing activities that are not aligned with climate action. #cdnpoli
lse.ac.uk
Global trends in climate change litigation: 2026 snapshot - Grantham Research Institute on climate change and the environment
An exploration of key trends and evolutions in global climate change litigation from the calendar year 2025, plus important new developments through to May 2026.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 27/08/2026
Pension funds are partnering on investments with First Nations groups - but it’s unclear if pension funds are also evaluating these investments in light of climate impacts and climate-related financial risk. #cdnpoli
shiftaction.ca
Report - Indigenous Rights and Canadian Pension Funds — Shift - Protect Your Pension and the Planet
Shift’s August 2026 report, Indigenous Rights and Canadian Pension Funds, finds that none of Canada’s large pension managers have publicly disclosed investment policies ensuring alignment with Indigen...
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 26/08/2026
The climate disclosure released this month by the Canada Pension Plan Investment Board (CPPIB) appears to be a response to the climate litigation launched against CPPIB last year. But it provides little indication that CPPIB is treating climate change with the urgency or gravity that's required.
shiftaction.ca
CPPIB’s climate disclosure shows a snapshot without a strategy — Shift - Protect Your Pension and the Planet
The Canada Pension Plan Investment Board (CPP Investments, or CPPIB) announced an additional climate disclosure earlier this month. This is a small but welcome improvement in transparency that appear...
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 20/08/2026
None of Canada’s large pension managers - including the Canada Pension Plan Investment Board - have public investment policies aligned to #UNDRIP and FPIC. Write to the Canada Pension Plan about Indigenous rights: #cdnpoli www.shiftaction.ca/indigenous-r...
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 18/08/2026
New report from Shift: Indigenous Rights and Canadian Pension Funds. www.shiftaction.ca/indigenousri... ➡️
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 17/08/2026
The former chief economist of the Conference Board of Canada issued a stark warning about systemic climate risks. As long-term investors, Canada’s largest pension funds should take note. #cdnpoli www.theglobeandmail.com/business/com...
theglobeandmail.com
Opinion: Not addressing climate change costs the economy more. When will we finally get this?
Recent analysis found that global GDP per capita would be more than 25 per cent higher today had no warming occurred
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 12/08/2026
Amidst a summer of dangerous climate impacts that are causing mounting economic losses around the world, climate-smart investors are reminding their peers that “#climaterisk is investment risk.” www.ft.com/content/33a7...
ft.com
How long can big investors ignore climate risk?
Shift of funds from a US asset manager to a European one highlights the divergence
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 05/08/2026
Over the past month, Ontario public sector workers struggled with wildfires, smoke, evacuations and floods – while their pension manager helped lock in a new gas plant. Most pension beneficiaries don't know about the connection between our retirement savings and new fossil fuel infrastructure. 🧵
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 29/07/2026
As wildfires tear through Europe, the CEO of MSCI says investors who ignore the risks climate change poses to asset values “only have yourself to blame”. #PensionFunds #ClimateFinance
bloomberg.com
MSCI CEO Tells Investors Ignoring Climate Risk, ‘You Only Have Yourself to Blame’
As temperatures continue their relentless rise, most investors are still ignoring the impact of a hotter planet on asset values, according to Henry Fernandez, the chief executive of MSCI Inc.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 21/07/2026
Some of the world's biggest pension managers are analyzing how their portfolios will perform against climate tipping points – critical thresholds in the Earth’s natural systems which, if breached, could result in abrupt, dangerous & irreversible damage. #cdnpoli
bloomberg.com
Pension Funds Try to Come to Grips With the Scariest Global Warming Scenario
Institutional investors are trying to figure out what it would mean for their portfolios if continually rising temperatures trigger what JPMorgan Chase & Co. is calling “climate black swan risks.”
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 17/07/2026
As Canadians suffer through another summer of heatwaves, wildfires and floods, the Canada Pension Plan Investment Board decided to showcase how it’s investing in the primary cause of the climate crisis – #fossilfuels. Read our analysis. #cdnpoli
shiftaction.ca
CPPIB spotlights oil and gas expansion – again – as Canadians suffer through climate impacts — Shift - Protect Your Pension and the Planet
As more and more Canadians are experiencing the worsening impacts of climate change first-hand, the Canada Pension Plan Investment Board (CPPIB) decided – once again – to showcase how it’s investing o...
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 13/07/2026
Canada doesn't need faster approvals at the expense of nature, Indigenous rights and public trust. Tell the federal government to reject the biggest rollback of environmental laws in a generation and strengthen – not weaken – environmental protections.
win.newmode.net
New/Mode | Make your voice impossible to ignore
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 02/07/2026
Should public money be used to try to make risky LNG projects seem more attractive to pension funds? Tell Export Development Canada: don't use taxpayer-backed financing to de-risk LNG or pave the way for risky pension investments. #ClimateAction #Pensions #ResponsibleInvestment
win.newmode.net
New/Mode | Make your voice impossible to ignore
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 24/06/2026
Ontario energy procurement: Battery Storage 3, Gas Plants 0 #ClimateFinance #PensionFunds #RenewableEnergy
thestar.com
Why Ontario’s big move to battery storage has observers saying ‘gas plants aren’t competitive anymore’
Climate-friendly technologies are advancing so quickly contract prices in Ontario have dropped from over $1,100 per megawatt in 2023 to $563 now.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 19/06/2026
The Canada Pension Plan Investment Board (CPPIB) is financing four liquefied natural gas (LNG) terminals – and signalling there could be more to come – despite the industry bringing worsening climate damage and escalating financial risks to the Canada Pension Plan (CPP). #cdnpoli
nationalobserver.com
CPPIB is financing four LNG terminals — and may risk even more
LNG investments are particularly short-sighted for pension funds, which are mandated to invest for the long-term and are distinctly exposed to systemic climate risks.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 17/06/2026
Pension funds mustn’t fall for the government’s sales pitch – LNG is not in our best interests. Read more in Shift’s newsletter: www.shiftaction.ca/news/2026061...
shiftaction.ca
Climate Pension Quarterly - Issue #20 — Shift - Protect Your Pension and the Planet
In this Climate Pension Quarterly, we examine the the risks posed by potential LNG investment and why the pension executives entrusted to manage our retirement savings need to recognize that the fun...
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Reposted by Shift: Action for Pension Wealth & Planet Health
Stand.earth @stand.earth · 15/06/2026
As Carney attempts to fast-track dirty gas megaprojects, First Nations leaders have a warning: Any investors in LNG Canada will be complicit in grave violations of Indigenous Peoples’ rights, title and sovereignty. 📣 Listen to Hereditary Chief Na’Moks’ powerful message for financiers. 📣 #GreenSky
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 12/06/2026
🚨 Canada’s largest pension funds are facing pressure from the federal government to finance risky LNG projects that would worsen the climate crisis and undermine their own members’ retirement security. Working and retired pension plan members are speaking out.
theenergymix.com
Pension Beneficiaries Fear Funds Will Pour Retirement Savings Into LNG
As Ottawa looks to pension funds to finance major energy projects and LNG Canada moves to double production in Kitimat, beneficiaries warn their retirement savings could become their “biggest contribu...
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 10/06/2026
Ontario’s largest public sector union is stepping up to align our national pension fund with a safe climate future and support the four young workers taking the Canada Pension Plan Investment Board (CPPIB) to court. #cdnpoli #onpoli
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 09/06/2026
LNG exports may expose Canada and BC to legal risk - yet another reason for Canadian pension funds to rule out financing these risky projects. Read the full article from Zoë Yunker in The Tyee. Send a letter to your pension fund: www.shiftaction.ca/news/2026/3/...
thetyee.ca
LNG Exports May Expose BC to Legal Risk | The Tyee
A growing body of climate lawsuits poses a threat to oil and gas aims of the province and Canada, a new report suggests.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 04/06/2026
Bloomberg columnist Javier Blas writes that global LNG supply could more than double in the coming decades. Pension managers should be wary of buying high and selling low. www.bloomberg.com/opinion/arti...
bloomberg.com
An LNG Glut Is On Its Way
Get ready for a glut of liquefied natural gas.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 02/06/2026
Breaking: A new climate-conflicted director has been appointed to Canada Pension Plan Investment Board, which manages nearly $800B in Canadians’ retirement savings.
cppinvestments.com
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 28/05/2026
Ottawa warned public funding for LNG and fossil fuel projects could trigger Charter challenges www.nationalobserver.com/2026/05/21/n...
nationalobserver.com
Ottawa warned public funding for LNG and fossil fuel projects could trigger Charter challenges
The next legal battle over LNG may not be about whether a project gets approved but whether governments can use public money to help it move ahead.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 27/05/2026
Quebec’s pension manager says it has made almost $4 billion more over the last eight years by pivoting from oil and coal to renewables – a reminder that managing climate risk makes good finance sense. #cdnpoli #polpc
top1000funds.com
La Caisse’s oil exit pays off as renewables portfolio pulls ahead of fossil fuels - Top1000funds.com
Divesting from the oil sector has been a boon for La Caisse’s performance, as the Canadian pension giant says its energy investments have earned billions in value-add compared to the benchmark since t...
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 21/05/2026
🚨 CPPIB’s annual report was a missed opportunity to reassure Canadians that it has a credible climate plan. Instead: ❌ No climate strategy ❌ Weak disclosures ❌ No mention of the climate risk lawsuit it is facing Meanwhile, our national pension fund is still financing fossil fuel expansion.
win.newmode.net
New/Mode | Make your voice impossible to ignore
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 20/05/2026
22 million Canadians pay into the #CanadaPensionPlan (CPP). Billions from our national pension fund are still invested in fossil fuels. Our pensions should protect our future — not fuel the climate crisis. #FossilFreeCPP #Climate #cdnpoli
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 15/05/2026
Your pension is invested across the economy – so climate disasters can affect retirement savings too. Wildfires, floods and heatwaves are creating growing financial risks. Our 2025 Canadian Pension Climate Report Card Summary shows how pension funds are responding: www.shiftaction.ca/s/Shift-2025...
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 14/05/2026
Last summer, nearly 1,000 Canadians spoke up on fossil fuel entanglements at Canada’s largest pension plans. Since our June 2025 report Entrenched Interests was released, 3 new board members have been appointed to the Canada Pension Plan — none tied to fossil fuels. Public pressure works. #cdnpoli
shiftaction.ca
Report – Entrenched Interests — Shift - Protect Your Pension and the Planet
Shift: Action for Pension Wealth and Planet Health’s January 2025 report, Gaslighting the Energy Transition, reveals the exposure of Canadian pension funds to significant financial risks through their...
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 13/05/2026
One of Canada’s largest pensions has given a significant signal that, despite the political noise, the long-term momentum is moving away from fossil fuels.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 12/05/2026
La Caisse, which manages Quebec’s public pension fund, put out its Sustainable Investing Report last month. We couldn’t help but contrast La Caisse’s approach with that of our national pension manager, the Canada Pension Plan Investment Board.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 11/05/2026
While the Ontario Teachers’ Pension Plan (OTPP)'s new climate strategy includes some positive steps, it abandons OTPP’s previous climate ambition and leadership, and leaves the door open to new gas investments. #cdnpoli #onpoli
netzeroinvestor.net
OTPP’s flawed climate strategy would allow new gas investments
As Canada's largest pension funds grapple with escalating climate-related financial risks, Patrick DeRochie, senior manager at Shift Action argues that Ontario Teachers’ Pension Plan (OTPP)’s new clim...
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 02/05/2026
📉 This week’s Canada Pension Plan Climate Update 🌍 During the recent Canada Pension Plan Investment Board appearance at the Globe and Mail’s Intersect 26 event, CEO John Graham said the fund has been “steadfast” in its support for the oil and gas sector. www.theglobeandmail.com/business/art...
theglobeandmail.com
CPPIB’s John Graham says pension fund ‘open for business’ to invest in defence sector
Canada’s largest pension fund is ‘curious’ to explore new options for investing domestically, CEO says
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 28/04/2026
According to former Environment and Climate Change Minister Catherine McKenna, our pension funds continue to invest our hard-earned retirement savings in oil & gas companies that are “taking us for fools” and putting the economy & environment at risk. #cdnpoli
toronto.citynews.ca
Former minister Catherine McKenna blasts the heads of Canadian oil companies
MONTRÉAL — Former environment minister Catherine McKenna says the leaders of Canada’s oil industry are figures close to American President Donald Trump who are “taking us for fools” and putting both t...
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 28/04/2026
🧓👊 It’s no surprise to us that seniors are climate activists! Since Shift first started talking to Canadians about the connections between climate change and financial risk, we’ve been inspired by retired teachers, healthcare professionals, public servants, municipal employees and more.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 17/04/2026
The disastrous war in the Middle East is driving global acknowledgement that relying on imported LNG is both costly & detrimental to energy security. The economics of imported LNG will doom its future as an integral part of the global energy system. powering-the-planet.ghost.io/the-simple-m...
powering-the-planet.ghost.io
The Simple Math of the Death of LNG
Imagine you wanted to buy a new car.  Now imagine that you have a choice of two cars that are identical except one of the cars requires you to buy expensive fuel to run it and the other runs on free f...
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 13/04/2026
The federal government is pressuring the Canada Pension Plan Investment Board (CPPIB) to invest in high-risk fossil fuel projects that would damage the climate, violate Indigenous rights and put our pensions at risk. #cdnpoli www.shiftaction.ca/news/2026/3/...
shiftaction.ca
The federal government is pressuring your pension fund to invest in LNG and pipelines — Shift - Protect Your Pension and the Planet
Your pension fund is facing pressure from the federal government to finance so-called major projects “in the national interest”. Several of these projects include risky new fossil fuel infrastructure ...
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 09/04/2026
“As municipal workers and elected officials, we have a front row seat for the increasing chaos caused by climate change.” OMERS member and retired librarian Lee Ramsay brought a message of climate urgency and intergenerational fairness to the City of Toronto on April 7.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 01/04/2026
The UK’s new requirement for solar panels and heat pumps in all new homes is good news for the climate, affordability and the clean economy — but bad news if you happen to be a UK gas utility – two of which are owned by Canadian pension funds. #ukpolitics #cdnpol www.cnbc.com/2026/03/24/i...
cnbc.com
Britain responds to Iran war energy shock by requiring solar panels and heat pumps in all new homes
The move comes as part of Britain's response to the Iran war, with the conflict triggering the largest supply disruption in the history of the oil market.
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 31/03/2026
In 2025, Canadian and UK actuaries published wildly different projections about the impacts of climate change. Financial expert Matt Orsagh says to read the UK report and ignore the Canadian one: degrowthistheanswer.substack.com/p/a-tale-of-... #Climate #PensionFunds
degrowthistheanswer.substack.com
A Tale of Two Actuaries
Apologies to Charles Dickens
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 23/03/2026
ICYMI, our annual analysis of the climate strategies of 11 major Canadian pension funds: La Caisse earns an overall A-range grade; three funds hang onto B-range scores, and OMERS moves into the B-range for the first time. 🧵
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 17/03/2026
The Healthcare of Ontario Pension Plan (HOOPP) is flirting with pipeline investments - showing a fundamental misunderstanding of climate risk. 🧵
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Shift: Action for Pension Wealth & Planet Health @shiftaction.bsky.social · 13/03/2026
CPPIB says climate change is the biggest risk to long-term investors. So why does it keep investing billions in #fossilfuels & sit by while its privately-owned fossil fuel companies make the #climatecrisis worse? Our latest analysis has the details. #cdnpoli www.shiftaction.ca/news/cppibs-...
shiftaction.ca
CPPIB Watch: A quarterly update on CPPIB-owned fossil fuel companies (January – March 2026) — Shift - Protect Your Pension and the Planet
When it comes to managing the financial risks of climate change, there appears to be a glaring contradiction at the Canada Pension Plan Investment Board (CPPIB). On one hand, CPPIB executives have ack...
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