Caisse de dépôt et placement du Québec (CDPQ) is a prominent institutional investor headquartered in Canada, with a significant presence in major operational regions including North America, Europe, and Asia. Founded in 1965, CDPQ has established itself as a leader in the investment management industry, focusing on various sectors such as infrastructure, real estate, and private equity. The organisation uniquely combines its expertise in asset management with a commitment to sustainable investment practices, making it a key player in the global market. CDPQ manages a diversified portfolio valued at hundreds of billions, consistently achieving notable returns for its clients, which include public and parapublic pension plans. With a strong emphasis on innovation and responsible investing, CDPQ continues to shape the future of investment in Quebec and beyond.
How does Caisse de dépôt et placement du Québec's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Caisse de dépôt et placement du Québec's score of 32 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Caisse de dépôt et placement du Québec (CDPQ) reported a carbon intensity of approximately 0.0322 kg CO2e per USD of revenue, reflecting its commitment to sustainable investing. This data is part of a broader trend, with the carbon intensity of CDPQ's portfolio showing a gradual decrease from 0.072 kg CO2e in 2019 to 0.041 kg CO2e in 2021. CDPQ has set ambitious climate commitments, aiming for a 60% reduction in portfolio carbon intensity by 2030 compared to 2017 levels. This target encompasses all scopes of emissions, aligning with their long-term goal of achieving a net-zero portfolio by 2050. These commitments are part of a wider strategy to enhance sustainability across their investments. The organization has also inherited reduction targets from related entities, such as the Ontario Teachers’ Pension Plan (OTPP), which aims to reduce portfolio carbon-emissions intensity by 45% by 2025 and two-thirds (67%) by 2030, based on a 2019 baseline. Overall, CDPQ's initiatives reflect a strong commitment to addressing climate change and reducing carbon emissions within its investment portfolio.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Caisse de dépôt et placement du Québec is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.