Climate Change: Delivering on Disclosure Shortlisted for Innovation & Industry Leadership Award
Posted: May 3, 2017
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TORONTO, May 3, 2017 – Responsible Investor shortlisted OPTrust’s position paper Climate Change: Delivering on Disclosure for its new global RI Innovation & Industry Leadership Award.
OPTrust is the only Canadian pension fund in its category for the award, which recognizes best practice in the responsible investment, ESG and sustainable finance community. The winners will be announced on June 6, 2017 in London, U.K.
“We are honoured that our approach to drive standardized measures for carbon disclosure in the investment industry was recognized. Climate change is one of the most complex issues we face, which is why we’re taking bold steps to help investors understand and mitigate the risks to our portfolios,” said OPTrust President and CEO Hugh O’Reilly.
OPTrust’s position paper was released in January together with an assessment and analysis of the fund’s climate risk exposure across the total fund in a report by Mercer titled OPTrust: Portfolio Climate Risk Assessment.
About OPTrust
With assets of $19 billion, OPTrust invests and manages one of Canada's largest pension funds and administers the OPSEU Pension Plan, a defined benefit plan with almost 90,000 members and retirees. OPTrust was established to give plan members and the Government of Ontario an equal voice in the administration of the Plan and the investment of its assets, through joint trusteeship. OPTrust is governed by a 10-member Board of Trustees, five of whom are appointed by OPSEU and five by the Government of Ontario.
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Media Contact:
Claire Prashaw
Manager, Public Affairs
OPTrust
1-416-681-3617
cprashaw@optrust.com
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