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 58% 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, as the organisation has been actively working on reducing its carbon emissions across its portfolio. CDPQ has set ambitious targets to achieve a 60% reduction in the carbon intensity of its portfolio by 2030, compared to a 2017 baseline. This commitment encompasses all scopes of emissions, aiming for a net-zero portfolio by 2050. The organisation's initiatives align with industry standards and reflect a growing recognition of the need for climate action within the financial sector. Historically, CDPQ's carbon intensity has shown a decreasing trend, with values of 0.041 kg CO2e per USD in 2021 and 0.049 kg CO2e per USD in 2020. These figures indicate a proactive approach to managing and mitigating climate-related risks. CDPQ's climate commitments are not only focused on direct emissions but also on the broader impact of its investments. The organisation's strategies are informed by frameworks such as the Science Based Targets initiative (SBTi), which underscores its dedication to aligning with global climate goals. Overall, CDPQ's efforts in reducing carbon emissions and its long-term climate commitments position it as a leader in sustainable finance, contributing to a more resilient and environmentally responsible investment landscape.
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.