PSP Investments releases its 2024 reports, highlighting progress in sustainability and climate initiatives
The Public Sector Pension Investment Board (PSP Investments) has released its annual Sustainability Report, highlighting its efforts to enhance sustainability capabilities for long-term returns, aligned with its mandate.
The report is accompanied by PSP Investments' 2024 Climate-related Financial Disclosures Report and 2024 Green Bond Impact Report.
“Our mandate spans decades and shapes how we invest,” said Deborah Orida, president, and CEO at PSP Investments.
“We focus on the long term and strive to carefully consider sustainability-related risks and opportunities that may affect long-term value creation, the resilience of our portfolio and contribute to generating returns for our contributors and beneficiaries,”
The 2024 Sustainability Report details PSP Investments' progress in advancing its climate strategy and strengthening its data, technology, and analytics infrastructure. It also elaborates on the integration of material sustainability factors into the investment process through the hub-and-spoke model.
Meanwhile, the Climate-related Financial Disclosures Report outlines progress on climate metrics and targets, with further improvements in approach.
“The launch of our sustainability research platform was an important step in reinforcing our sustainability capabilities,” said Herman Bril, managing director and head of Sustainability and Climate Innovation at PSP Investments.
“It equips us with the knowledge required to navigate the complex and uncertain landscape of long-term investing and it helps ensure that we are well prepared to identify and capitalize on sustainability-related opportunities.”
