Shift: Action for Pension Wealth & Planet Health
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Shift: Action for Pension Wealth & Planet Health
@shiftaction.bsky.social
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
Pinned
💥 BREAKING: 4 young Canadians just launched a legal challenge to protect the Canada Pension Plan.
They argue Canada’s $700bn pension fund is failing to manage #climaterisk while investing billions in #fossilfuels – putting our pension savings & the planet in danger. #cdnpoli
Legal Challenge to Protect CPP from Climate Risk — Shift - Protect Your Pension and the Planet
www.shiftaction.ca
As another year of wildfires, heatwaves & floods impacted Canadians from coast to coast, the CPPIB continued to invest our national retirement fund in oil & gas companies making the #climatecrisis even worse.
Read our latest CPPIB Watch for the details. #cdnpoli
CPPIB Watch: A quarterly update on CPPIB-owned fossil fuel companies (October – December 2025) — Shift - Protect Your Pension and the Planet
In late October, four young Canadians announced they are taking the Canada Pension Plan Investment Board (CPPIB) to court. The young Canada Pension Plan (CPP) members claim that CPPIB is breaching its...
www.shiftaction.ca
December 19, 2025 at 5:20 PM
“With their long-term horizons & fiduciary duties, pensions are well placed to support the transition to a #netzero economy. Climate change poses a clear & present threat to pension funds' ability to meet their long-term financial commitments." #cdnpoli
Alok Sharma: Climate, capital, and commitment – why pension funds matter
Pension funds and asset owners are among the most influential investors in the UK and globally. With their long-term horizons and fiduciary duties, pension funds are well placed to support the transit...
www.professionalpensions.com
December 15, 2025 at 2:02 PM
The harsh reality is that the sustainability of the Canada Pension Plan is dependent on a stable climate. A precautionary warning from actuaries is needed to make this clear for decision-makers. #cdnpoli
Canada's Chief Actuary is downplaying these #climaterisks.
Statement: Canada’s Chief Actuary continues to severely underestimate climate risks to the CPP — Shift - Protect Your Pension and the Planet
In its 32nd Actuarial Report on the Canada Pension Plan (CPP), published on Monday, Canada’s Office of the Chief Actuary (OCA) has again failed to consider the increasing potential for systemic climat...
www.shiftaction.ca
December 11, 2025 at 4:34 PM
Last week, Shift joined the Gitanyow Hereditary Chiefs and 128 organizations from around the world to urge financial institutions, including Canada's largest pension funds, not to finance or invest in the proposed Kis Lisims LNG terminal in BC. #cdnpoli #bcpoli
Letter to Banks and Pension Funds: Don't Provide Funding to Ksi Lisims LNG | Gitanyow Hereditary Chiefs
Gitanyow letter to banks and pension funds urging them not to fund Ksi Lisims LNG
www.gitanyowchiefs.com
December 9, 2025 at 3:15 PM
🌱 Climate risk is financial risk.
Rav Singh’s new Maclean’s piece shows how climate chaos is already hitting young farmers – and why Canada Pension Plan Investment Board’s fossil-fuel investments put our retirement savings at risk.
The Fight For My Farming Future - Macleans.ca
I’m suing the country’s largest pension manager to protect my retirement fund
macleans.ca
December 5, 2025 at 6:25 PM
Canada’s new fed–Alberta MoU puts another B.C. pipeline on the table, just as Carbon Tracker’s latest analysis shows there’s no financial case for new fossil expansion. In this pivotal moment our pension managers must choose a future of fiscal stability and competitive investment.
With Pipeline Deal Coming Soon, New Analysis Shows Big Risks for Investors, Crushing Losses for Provinces
With the federal and Alberta governments touting an imminent deal on a new oil pipeline to British Columbia’s northwest coast, analysis released Thursday morning concludes that investors in Canadian o...
www.theenergymix.com
December 4, 2025 at 2:43 PM
Ontario teachers, many of whom have been working to incorporate Truth & Reconciliation learning into their classrooms, now have a pension fund with its own Indigenous Action Plan. OTPP’s IAP does not extend to its investment decisions, but it is a step in the right direction.
www.otpp.com
December 2, 2025 at 2:39 PM
UBC professors Kathryn Harrison and Simon Donner warn against being misled by recent headlines about global oil and gas demand increasing through 2050.

#ClimateFinance #FossilFuels #PensionFunds
Canada’s proposed oil and gas expansion is a risky bet – for the planet and our economy
Updated pledges before this year’s COP30 meeting in Brazil fell well short of what’s needed to achieve net-zero emissions by 2050.
www.nationalobserver.com
December 1, 2025 at 4:02 PM
📣 Today Shift joined 40 other national organizations to stand in solidarity with Coastal First Nations who oppose a crude oil pipeline and tankers project on the north coast of British Columbia.

Read the letter here: environmentaldefence.ca/2025/11/26/4...

#cdnpoli #bcpoli
41 civil society organizations oppose northwest coast oil pipeline and tankers - Environmental Defence
CALGARY CLIMATE HUB, CANADA'S CLEAN50, CANADIAN ASSOCIATION OF PHYSICIANS FOR THE ENVIRONMENT, CANADIAN ENVIRONMENTAL LAW ASSOCIATION, CANADIAN VOICE OF
environmentaldefence.ca
November 26, 2025 at 11:20 PM
🚨 Reminder to register for our webinar tomorrow!

Join us on November 25 at 1 pm EST / 10am PST for a discussion on the landmark climate litigation launched by four young Canadians against the Canada Pension Plan Investment Board. #cdnpoli

🔗 Register here: us02web.zoom.us/webinar/regi...
November 24, 2025 at 10:21 PM
“If there isn’t a credible explanation for how Scope 3 emissions will be reduced… then from a risk perspective a company should be able to explain why they see a market for their products in a future if there are broad global commitments to a #netzero future” #cdnpoli thenarwhal.ca/scope-3-emis...
Why Scope 3 emissions are a big deal for Canada | The Narwhal
Greenhouse gases released indirectly through business activities, called Scope 3 emissions, can be massive — but Canadian companies don’t report them
thenarwhal.ca
November 20, 2025 at 7:18 PM
Join us on November 25 at 1 pm EST / 10am PST for a discussion on the landmark climate litigation launched by four young Canadians against the Canada Pension Plan Investment Board. #cdnpoli #climaterisk

Register here: us02web.zoom.us/webinar/regi...
November 18, 2025 at 10:54 PM
You don’t call climate change an "existential threat" and the "single biggest investment risk that we face", and then spend the next year pouring $7BN from the Canada Pension Plan into investments which make this crisis worse. That’s reckless and absurd.” #cdnpoli www.shiftaction.ca/news/2025/11...
Statement: Facing climate litigation, CPPIB made at least $7.1 billion in new fossil fuel investments in the last year — Shift - Protect Your Pension and the Planet
Facing landmark climate litigation, the Canada Pension Plan Investment Board (CPP Investments, or CPPIB) has committed at least $7.1 billion to new oil, gas, coal and pipeline assets in the last year....
www.shiftaction.ca
November 14, 2025 at 9:47 PM
The feds caving to industry will encourage polluting companies to #greenwash, harm companies that have invested in credible environmental efforts, and reduce investor certainty that companies are adequately managing climate-related financial risks. #cdnpoli www.theglobeandmail.com/business/com...
Opinion: Ottawa is scrapping Canada’s greenwashing rules. This is a mistake
Canada should not back away from holding firms to account for what they say about the environment
www.theglobeandmail.com
November 13, 2025 at 10:06 PM
Chris Turner: The global energy transition has become inevitable, but Canada is still straddling the gap between credible climate action and the fossil fuel status quo.
www.theglobeandmail.com/opinion/arti...
Opinion: A decade after the Paris Agreement, the clean economy is winning
As the world’s climate negotiators gather in Brazil, they must understand that the energy transition is now inevitable
www.theglobeandmail.com
November 12, 2025 at 5:11 PM
New report from @investors4paris.bsky.social warns that Canada’s largest oil and gas companies could have tens of billions in undeclared environmental liabilities on their books:
www.theglobeandmail.com/business/art...
Insufficient disclosure obscuring billions in Alberta oil sands liabilities, advocates say
Shareholders of Canada’s largest oil and gas companies could face a shortfall of tens of billions of dollars tied to spent wells, oil sands mines
www.theglobeandmail.com
November 6, 2025 at 10:02 PM
Yesterday’s federal budget promised progress on “climate competitiveness” – but Canada’s financial system remains dangerously underprepared for the realities of the climate crisis.

🔗 Read the full joint statement from climate finance experts: www.shiftaction.ca/news/2025/11...
www.shiftaction.ca
November 6, 2025 at 12:07 AM
“If much of the rest of the world is in a state of prolonged recession or depression because of climate change, there is no way that Canada, on a GDP per capita basis, could really benefit," said researcher Timothy Neal. www.nationalobserver.com/2025/10/29/n...
Climate change will hurt Canada's GDP more than previously thought
New economic research indicates Canada (and all countries) will see a larger hit to GDP thanks to climate change.
www.nationalobserver.com
November 4, 2025 at 2:24 PM
Four young Canadians are taking the Canada Pension Plan Investment Board to court – saying it’s failing to manage climate risks while investing billions in fossil fuels.
Caledon farmer among four climate activists taking Canada Pension Plan manager to court
Caledon farmer among four climate activists taking Canada Pension Plan manager to court.
thepointer.com
October 31, 2025 at 2:22 PM
“The future comes faster than you expect it to,” says 22-year-old Travis Olson. Find out why four young Canadians are taking legal action against the Canada Pension Plan Investment Board:
www.nationalobserver.com/2025/10/27/n...

#Climate #Pensions
Young Canadians accuse the Canada Pension Plan of mismanaging climate risks
In lawsuit filed Monday, four young Canadians allege the Canada Pension Plan is mismanaging their retirement savings by underestimating climate-related financial risks — the first legal challenge of i...
www.nationalobserver.com
October 31, 2025 at 2:12 AM
💥 BREAKING: 4 young Canadians just launched a legal challenge to protect the Canada Pension Plan.
They argue Canada’s $700bn pension fund is failing to manage #climaterisk while investing billions in #fossilfuels – putting our pension savings & the planet in danger. #cdnpoli
Legal Challenge to Protect CPP from Climate Risk — Shift - Protect Your Pension and the Planet
www.shiftaction.ca
October 27, 2025 at 3:23 PM
🚨 Canada's pension fund (CPPIB) is bankrolling fossil gas expansion through VoltaGrid—one of its "Sustainable Energy" portfolio companies. They're powering AI data centres with gas and calling it "low-emission." 🧵
October 25, 2025 at 1:44 AM
Quebec’s pension manager has seen its renewable assets perform twice as well as the oil component of the MSCI ACWI energy index over the last five years. 📈

🔗 Read more: www.businesstimes.com.sg/wealth/wealt...
Canadian pension fund CDPQ gears up to invest S$13.9 billion in Asia-Pacific
Infrastructure is expected to take up C$9 billion while credit and real estate will account for C$3 billion each Read more at The Business Times.
www.businesstimes.com.sg
October 24, 2025 at 2:22 AM
⚠️ The climate crisis is causing us all to re-think the very idea of retirement.
Climate Change Puts A Generation’s Retirement On The Line
Early retirement withdrawals for hardship have tripled since 2020, as disasters strike and insurance fails–leaving workers on their own in old age.
inthesetimes.com
October 15, 2025 at 1:16 PM
🌏Shift's director Adam Scott tells the Wall Street Journal that recent climate policy reversals contradict almost a decade of Mark Carney's climate advocacy.

🔗https://www.wsj.com/world/americas/mark-carneys-shift-from-climate-change-warrior-to-fossil-fuel-cheerleader-97d17782 (paywalled)
October 9, 2025 at 1:27 AM