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SUMMARY:Online Workshop: The Ontario Teachers’ Pension Plan and Climate Change
DESCRIPTION:Join Shift Action and teachers from across Ontario for an interactive online workshop and discussion on how Ontario Teachers’ Pension Plan (OTPP) is managing the financial risks of climate change and what it means for your retirement savings and the planet.\nOTPP is one of the largest pension funds in Canada, with 329,000 members and over $200 billion in teachers’ retirement savings under management. How OTPP invests your money is a major factor in how quickly we can transition to a low-carbon economy while growing your pension in a warming world. The investment decisions made by OTPP influence whether businesses in Canada and around the world build electric cars and solar panels, or diesel engines and coal-fired power plants.\nWhile OTPP has made modest progress in its approach to climate change, only a tiny portion of teachers’ pension savings is invested in solutions to the climate crisis. OTPP has not disclosed how much of its assets are invested in fossil fuels, but estimates range from $8 billion to $25 billion, which include investments in some of the world’s largest coal, oil and gas polluters.\nNot only do these investments accelerate the climate crisis, they also put your pension at risk. The world is transitioning away from fossil fuels and the value of oil, gas and coal companies is plummeting.\nDuring this workshop, we will:\n\nHear from Ontario teachers who are fighting for a climate-safe future for young people\nLearn about the climate crisis and the transition to a clean energy economy\nUnderstand the financial risks of climate change to large investors like OTPP\nReview OTPP’s investments in fossil fuels and climate solutions\nProvide Ontario teachers with tools to engage OTPP on climate change\n\nWe’ll also launch a new website and action tool for Ontario teachers called ShiftOTPP.ca and be ready to answer any questions or concerns you might have.\nPresenters\n\nAdam Scott, Director, Shift: Action for Pension Wealth and Planet Health\nPatrick DeRochie, Pension Engagement Manager, Shift: Action for Pension Wealth and Planet Health\n\n
URL:https://climatechallenge.ca/events-campaign/online-workshop-the-ontario-teachers-pension-plan-and-climate-change/
CATEGORIES:Canada,Events,Online,Toronto
LOCATION:look for wesbite link
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