The strategy is part of Healthcare of Ontario’s plan to get its portfolio to net-zero greenhouse gas emissions by 2050.
The fund, pledging to hit the goal by 2050 for its investments, has at least gotten there in its own physical operations.
Shareholder proposals have been filed with Bank of America, Goldman Sachs, JPMorgan Chase and Royal Bank of Canada.
The $1.2 trillion fund aims to create a system to measure its climate risk exposure by 2025.
Pension fund wants to halve its investment exposure to them by 2030.
Previous energy sector reviews have so far led the $272 billion pension fund to divest from 55 companies.
The $315 billion pension fund has voted on more than 1,000 shareholder proposals during the 2022 proxy season, many of them climate-related.
