4 youth taking Canada Pension Plan to court

Author Sharlene Gandhi

Four young people are suing the Canada Pension Plan Investment Board (CPP Investments), claiming that the pension fund manager “is breaching its legal duties by subjecting pension contributions to undue risk of loss from poorly managed climate risk.”

The group is represented by lawyers from Goldblatt Partners LLP and Ecojustice, the country’s largest environmental law charity. The case states that without a thorough accounting of climate-related financial risks, young people risk receiving reduced retirement benefits. 

In May 2025, CPP Investments also “quietly abandoned its net-zero commitment,” according to Shift: Action for Pension Wealth and Planet Health, a charity tracking pension fund investments in Canada.

According to the charity’s analysis, CPP Investments has continued investing in fossil fuel expansion in the U.S. and Canada. 

CPP Investments is among the worst-performing Canadian retirement funds in terms of integrating climate-conscious investment strategies. Among the best-performing are Caisse de dépôt et placement du Québec and the Investment Management Corporation of Ontario. 

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  • Sharlene Gandhi is the Future of Good editorial fellow on digital transformation.

    Sharlene has been reporting on responsible business, environmental sustainability and technology in the UK and Canada since 2018. She has worked with various organizations during this time, including the Stanford Social Innovation Review, the Pentland Centre for Sustainability in Business at Lancaster University, AIGA Eye on Design, Social Enterprise UK and Nature is a Human Right. Sharlene moved to Toronto in early 2023 to join the Future of Good team, where she has been reporting at the intersections of technology, data and social purpose work. Her reporting has spanned several subject areas, including AI policy, cybersecurity, ethical data collection, and technology partnerships between the private, public and third sectors.

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