Canada Pension Plan Investment Board
SECTOR | Agency |
RATINGS | AAA/Aaa/AAA |
RATING OUTLOOK | All stable |
FUNDING VOLUME FY21/FY22 (to 31 Mar fiscal year end) | C$11BN/C$12-15BN |
RISK WEIGHT, LCR LEVEL | 20%, LCR level 2a |
REPO ELIGIBILITY | BoC |
About Canada Pension Plan Investment Board
Canada Pension Plan Investment Board (CPP Investments) is a professional investment management organisation that manages the Canada Pension Plan in the best interest of the more than 21 million contributors and beneficiaries of the fund.
To build diversified portfolios of assets, investments are made around the world in public and private equity, real estate, infrastructure and fixed income. Headquartered in Toronto with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan and at arm’s length from governments. At 31 March 2022, the fund totalled C$539 billion.
FOR FURTHER INFORMATION PLEASE CONTACT:
Sam Dorri
Managing Director
Financing, Total Fund Management
This email address is being protected from spambots. You need JavaScript enabled to view it.
https://www.cppinvestments.com/the-fund/debt-issuance
SUSTAINABILITY OBJECTIVES OF GSS BOND PROGRAMME
Funding CPP Investments' eligible green assets.
GSS BOND PROGRAMME NAME | Green Bond Program |
REFERENCE TAXONOMY FOR THE USE OF PROCEEDS |
Green Bond Principles, issuer's own definitions |
FRAMEWORK WITH WHICH THE GSS BOND PROGRAMME IS ALIGNED | Green Bond Principles as set out by ICMA |
EXTERNAL REVIEW PROVIDER | CICERO |
Sustainable funding strategy
In 2022, CPP Investments announced its commitment to achieve net-zero GHG emissions across all scopes for the portfolio and operations by 2050.
The fund has also been publishing an annual report on sustainable investing since 2008 and has been a UN-supported Principles for Responsible Investment signatory since 2005, which has guided and informed sustainable investment policies.
The green bond programme aligns with the fund’s sustainability objectives. In 2018, CPP Investments was the world’s first pension fund to issue green bonds. CPP Investments has issued green bonds in AUD, CAD, EUR and USD. Four benchmark transactions and three private placements totalling in excess of C$5.8 billion since inception have provided its global investor base an opportunity to participate in the transition to a low-carbon economy. Currently, there are six outstanding bond lines, totalling in excess of C$5.2 billion equivalent.
SSA Yearbook 2023
The annual guide to the world's most significant supranational, sovereign and agency sector issuers.