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 Insurance Services 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 48 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, the Ontario Teachers' Pension Plan (OTPP) reported total carbon emissions of approximately 12,887,000 kg CO2e. This figure includes Scope 1 emissions of about 537,000 kg CO2e, Scope 2 emissions of approximately 520,000 kg CO2e, and significant Scope 3 emissions totalling around 11,830,000 kg CO2e, primarily from business travel (about 11,819,000 kg CO2e). Comparatively, in 2023, OTPP's total emissions were about 8,944,000 kg CO2e, with Scope 1 at approximately 405,000 kg CO2e, Scope 2 at around 290,000 kg CO2e, and Scope 3 emissions reaching about 8,249,000 kg CO2e. This indicates a notable increase in emissions from 2023 to 2024. OTPP has set ambitious climate commitments, aiming for two-thirds of its portfolio's carbon emissions to be covered by credible, science-based net-zero plans by 2025, and 90% by 2030. Additionally, the organisation has a long-term goal of achieving net-zero emissions from its investment activities by 2050. Interim targets include a 45% reduction in portfolio carbon emissions intensity by 2025 and a 67% reduction by 2030, using 2019 as the baseline year. These commitments reflect OTPP's proactive approach to addressing climate change and reducing its carbon footprint across all scopes of emissions.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 521,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | 226,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 8,714,000 | 0,000,000 | 0,000,000 | 00,000,000 |
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 participating in any 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.