CPP will work with high emitters toward a 'low-carbon future'.

The Canada Pension Plan Investment Board will embark on a new investment approach where it will seek to help companies in essential industries that generate high carbon emissions to reduce such emissions. In its report, "Investing to enable an economy-wide evolution to a low-carbon future", CPPIB stated that long-term investors need to focus such climate-conscious efforts on companies in "strategic sectors that are essential, high-emitting and hard-to-abate." CPPIB plans to work in partnership with "like-minded companies, industry leaders, investors, and other interested parties" in this endeavor, it added in the report. [Extracted from the article]