PSP engages climate consultant to study its natural resources portfolio

The Public Sector Pension Investment Board (PSP Investments), a large Canadian pensions investment manager has announced that it will partner with engineering and climate consultant WSP to analyse its global natural resources portfolio. According to PSP’s statement, the analysis is aimed at gathering information that can be used to support the company’s decarbonisation strategies including the associated targets and roadmaps. Marc Drouin, senior managing director and global head of natural resources at PSP Investments, said “as a long-term investor and one of the leading global investors in agriculture and timber, we are highly committed to the continuous improvement of our sustainable farming practices around the world. Farmland and forestry assets carry significant potential to support global climate mitigation and adaptation efforts, including through their carbon sequestration potential. This ground-breaking project with WSP will give us the detailed, farm-by-farm information we need to help our platforms map out a path to global net-zero”.