OMERS undertakes an annual carbon footprint exercise to identify and understand the implications of climate change across our entire portfolio. This analysis is calculated in line with the recommendations of the Task Force for Climate-related Financial Disclosures (TSFD).
The exercise allows us to measure the carbon footprint of our total portfolio and to better understand the risks and opportunities this poses to the fund over the long-term and enables us to:
view our assets through a carbon lens;
understand the carbon intensity of our investments;
gauge our performance on a peer-to-peer basis.
“Our near-term carbon reduction goals are tangible, actionable, and ensure our leadership team is accountable now. With our Net-Zero 2050 goal, we are setting our future direction, and charting the right course for the next leaders of our business.”