Read more about the 2022 CPPIB Stakeholder Meetings and how you can engage
CPPIB Invests at least 7 percent of our public pension in Israeli war crimes
The CPPIB Invests at least 7 percent of our national pension fund in Israeli war crimes. Read the full report.
The CPPIB’s investments in WSP, the Canadian-headquartered company providing project management to the Jerusalem Light Rail, was nearly $3 billion as of March 2022 (up from $2.583 million in 2021, and $1.683 million in 2020). On September 15, 2022, a submission was made to the UN High Commissioner for Human Rights asking that WSP be investigated to be included in the UN database.
The UN Database was released on February 12, 2020 in the Report of the United Nations High Commissioner for Human Rights after the independent international fact-finding mission to investigate the implications of Israeli settlements on the civil, political, economic, social and cultural rights of the Palestinian people throughout the occupied Palestinian territories, including East Jerusalem. There are a total of 112 companies included on the UN list.
In addition to the companies identified by the United Nations and WSP, as of March 31, 2022, the CPPIB is invested in 27 companies, (valued at over $7 billion) identified by AFSC Investigate as complicit with Israeli human rights and international law violations.
Read the full report in detail including the list of companies, those who have endorsed the campaign, the reports of investment from 2020 and 2021, as well as 2022.
- In March 2020, the director of CPPIB stakeholder relationships indicated there would be a review of investments in companies in the UN Database. What is the status of this review?
- Recently, a Canadian headquartered company, WSP has been submitted to the United Nations high commissioner for human rights to consider for investigation to add to the UN database. The CPPIB invested over 50% of its Canadian portfolio in this company in 2020, and since then the total invested has increased year over year. What steps has the CPPIB taken to review its investment in this company?
- What steps has the CPPIB undertaken to mitigate the risk of investing in Israeli settlements given that settlements are illegal under international law?
Watch webinar: Learn more about CPPIB investments & consider what questions you wish to ask:
Learn more about WSP and the submission to the United Nations