Canada Pension Plan Investment Board
Unverified 3 Second Party Opinions
1 Investor Framework
1 Impact Report
Documents (5)
| XFID | Type | Title | Year | Source | Retrieved |
|---|---|---|---|---|---|
| XF-ZCW3B1O-J | Investor Framework | CPP Investments - Esg Guidelines | 2025 | www.cppinvestments.com | 3 Apr 2026 |
| XF-EN48EY9-N | Impact Report | CPP Investments Green Bond Impact Report 2024 | 2024 | www.cppinvestments.com | 31 Mar 2026 |
| XF-8LAE54P-Y | Second Party Opinion | Second Party Opinion: CPP Investments' Green Bond Framework | 2024 | www.spglobal.com | 25 Feb 2026 |
| XF-JV9X6WY-8 | Second Party Opinion | CPP Investments (Methodology of Shades of Green, formerly part of CICERO) | 2022 | www.spglobal.com | 25 Feb 2026 |
| XF-LZJYAOM-2 | Second Party Opinion | Second Party Opinion: Canada Pension Plan Investment Board's Green Bond Framework | 2025 | www.spglobal.com | 25 Feb 2026 |
XF Company Profile
Extra-financial information found across 5 documents in the XframeworkID registry
NACE O Public Administration & Defence
Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.
Issuer Identity & Structure
- Issuer name and country/jurisdiction
- Canada Pension Plan Investment Board, Canada SPO 2022 2022
- Issuer sector/industry classification
- Financial services SPO 2025 2025
- Issuer type
- Pension fund manager IMPACT 2024 2024
Green / Sustainable Finance Framework
- Sustainable bond framework name and version
- CPP Investments' Green Bond Framework 2025 SPO 2025 2025
- Bond types covered under framework
- Green bonds SPO 2022 2022
- Framework publication date and update history
- July 8, 2025; Previously June 22, 2022 SPO 2025 2025
- Eligible use-of-proceeds categories
- Wind and solar power, green hydrogen, certified green buildings, zero emissions private and public transportation, energy efficiency SPO 2022 2022
- Exclusion criteria for ineligible projects or sectors
- Activities with strong links to fossil fuels and explicitly associated lock-in risks SPO 2025 2025
External Review & Verification
- Second Party Opinion (SPO) provider name and assessment date
- S&P Global Ratings, July 8, 2025 SPO 2025 2025
- SPO assessment scope and methodology
- Alignment with Green Bond Principles (ICMA 2025) and sustainable finance principles; assessment of material sustainability factors; Shades of Green analytical approach SPO 2025 2025
- SPO preliminary evaluation or credibility rating
- Dark green activities aligned with long-term vision of low-carbon climate resilient future; No weaknesses to report SPO 2025 2025
- Pre-issuance or post-issuance verification type
- Second Party Opinion (pre-issuance/framework assessment) SPO 2025 2025
Standards & Regulatory Alignment
- Alignment with ICMA Green Bond Principles
- Aligned SPO 2025 2025
Issuance Details
- Bond instrument type
- Green bond IMPACT 2024 2024
- Green bond first issuance year
- 2018 IMPACT 2024 2024
- Years of green bond issuance history
- Consistent issuer since 2018; Eight green bonds issued as of 2024 IMPACT 2024 2024
Proceeds Allocation & Reporting
- Cumulative disbursed amount
- More than $7.5 billion USD equivalent gross IMPACT 2024 2024
- Allocation of net proceeds by category
- Wind and solar power, green hydrogen, certified green buildings, zero emissions transportation, energy efficiency IMPACT 2024 2024
ESG Framework & Governance
- Climate governance structure
- Sustainable Investing Committee (SIC) determines eligible assets IMPACT 2024 2024
- ESG integration framework and methodology
- Asset-level assessments of physical and climate risks; Portfolio-level assessments; Geo-specific analysis under IPCC 4-degree scenario SPO 2025 2025
Corporate Strategy & Mission
- Corporate mission and sustainability strategy
- CPP Investments manages the Canada Pension Plan on behalf of over 20 million contributors and beneficiaries through global investments across diverse asset classes, actively engaging oil and gas investees on transitioning to a low carbon future SPO 2022 2022
- Assets under management
- CAD 539 billion as of 2022 SPO 2022 2022
Changes Over Time
Items where disclosed information changed across documents.
Sustainable bond framework name and version
Eligible use-of-proceeds categories
Exclusion criteria for ineligible projects or sectors
2022 Direct fossil fuel infrastructure investment, conventional fuel transportation, fossil-based hydrogen, renewable energy expanding oil and gas capacity, fossil-fuel power generation, fossil fuel switching in building retrofits →
2025 Activities with strong links to fossil fuels and explicitly associated lock-in risks
Pre-issuance or post-issuance verification type
External framework assessment rating
Sustainable bond framework name
SPO assessment scope and methodology
2024 Opinion on alignment of sustainable finance instrument documentation with third-party published sustainable finance principles and issuer's material sustainability factors →
2025 Opinion on alignment of documentation with sustainable finance principles and how issuer's material sustainability factors are addressed