Investment corporation, La Caisse, aims to pour $400 billion into projects promoting climate resilience by the year 2030.
The Caisse de dépôt et placement du Québec (La Caisse) has unveiled an updated 2025-2030 Climate Strategy with a bold commitment to invest C$400 billion in climate action by 2030. This strategy emphasizes accelerating investments in nature-based solutions, climate adaptation, and transition financing to support the global energy transition and sustainable development goals.
Key components of La Caisse's updated climate strategy include a focus on a C$400 billion climate action investment target, greater allocation of capital to nature-based solutions and climate adaptation, the adoption of a Transition Financing Framework, and investments structured to manage climate risks and opportunities through diversified asset classes.
La Caisse's goal is to achieve a 60% decrease in portfolio carbon intensity by 2030. The Canadian institutional investor has already surpassed its prior climate goals, having invested $54 billion in low-carbon assets and $10 billion in industrial decarbonization investments by 2025.
Charles Emond, President and CEO of La Caisse, has reaffirmed the institution's sustainable investing convictions and demonstrated greater ambition by working towards transitioning the real economy across all sectors. Bertrand Millot, Head of Sustainability at La Caisse, stated that La Caisse's approach to the climate has paid off, and the goal is to make future-oriented investments that will favorably position La Caisse to achieve a net-zero portfolio by 2050.
Notably, La Caisse is encouraging the companies it invests in to adopt clear and credible decarbonization plans. The institution's portfolio has decarbonized much faster than expected, with a 69% decrease in portfolio carbon intensity since 2017.
This update marks a significant scale-up compared to previous initiatives, positioning La Caisse as a major investor in sustainable and climate-focused assets to advance its net-zero and impact-resilient objectives over the next decade. Unlike some Canadian financial sector peers, La Caisse has not pulled back on its climate goals, setting itself apart in the industry.
- The Caisse de dépôt et placement du Québec (La Caisse) aims to achieve a 60% decrease in portfolio carbon intensity by 2030, highlighting its commitment to climate solutions.
- La Caisse has surpassed its prior climate goals, having invested $54 billion in low-carbon assets and $10 billion in industrial decarbonization investments by 2025, demonstrating its dedication to the decarbonization process.
- To advance its net-zero and impact-resilient objectives over the next decade, La Caisse is scaling up its focus on climate strategies by investing in sustainable finance and transition financing to support the global energy transition and sustainable development goals.
- By encouraging the companies it invests in to adopt clear and credible decarbonization plans, La Caisse positions itself as a leader in the industry, championing environmental-science and science-based climate-change solutions.
