The Ontario Teachers' Pension Plan (OTPP), headquartered in Toronto, Canada, is a leading global investor in the pension fund industry. Established in 1990, OTPP manages the retirement assets of Ontario's teachers, serving over 300,000 members. With a focus on long-term investment strategies, the plan has achieved significant milestones, including a robust portfolio that spans various sectors such as infrastructure, real estate, and private equity. OTPP is renowned for its innovative approach to sustainable investing, setting it apart in the competitive landscape. As one of the largest pension funds in the world, it consistently ranks among the top performers, demonstrating a commitment to delivering strong returns while prioritising responsible investment practices. With a strong market position, OTPP continues to shape the future of pension fund management in Canada and beyond.
How does Ontario Teachers Pension Plan'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 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.
Ontario Teachers Pension Plan's score of 32 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the Ontario Teachers Pension Plan (OTPP) reported total carbon emissions of approximately 8,944,000 kg CO2e. This figure includes 405,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 290,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The majority of their emissions, about 8,249,000 kg CO2e, fall under Scope 3, which includes indirect emissions from business travel. Comparatively, OTPP's emissions have fluctuated over recent years, with total emissions recorded at approximately 4,957,000 kg CO2e in 2022 and 5,490,000 kg CO2e in 2021. This indicates a significant increase in emissions from 2022 to 2023. Despite these figures, OTPP has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The organisation's focus appears to be on monitoring and reporting emissions rather than implementing defined strategies for reduction at this time.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 521,000 | 000,000 | 000,000 |
Scope 2 | 226,000 | 000,000 | 000,000 |
Scope 3 | 8,714,000 | 0,000,000 | 0,000,000 |
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.
Ontario Teachers Pension Plan is not committed to any reduction initiatives 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.