Caisse de dépôt et placement du Québec

Caisse de dépôt et placement du Québec's reported carbon emissions

Caisse de dépôt et placement du Québec (CDPQ), headquartered in Canada and operating in Financial intermediation services, except insurance and pension funding services (65), has outlined ambitious climate commitments. For the year 2023, CDPQ reported Scope 1 emissions of approximately 32,200 kg CO2e. In 2022, this figure was about 37,000 kg CO2e, representing a decrease. Prior to this, in 2021, Scope 1 emissions were approximately 40,600 kg CO2e, and in 2020, they stood at about 49,400 kg CO2e. Emissions for 2019 were approximately 62,600 kg CO2e, decreasing from 71,800 kg CO2e in 2018 and 79,400 kg CO2e in 2017. CDPQ's reporting indicates a focus on reducing its carbon footprint over time. CDPQ is committed to a substantial reduction in portfolio carbon intensity. The organisation aims for a 60% reduction in the carbon intensity of its portfolio by 2030, compared to its 2017 baseline. This target applies to both Scope 1 and Scope 2 emissions. Furthermore, CDPQ has set a long-term goal of achieving a net-zero portfolio by 2050. Ivanhoé Cambridge, a subsidiary within CDPQ, has committed to reducing the operational carbon intensity of its international portfolio by 35% by 2025, relative to a 2017 baseline.