{"time": "2023-06-13 11:30:00", "attribution": {"en": "Mr. Marty Morantz (Charleswood\u2014St. James\u2014Assiniboia\u2014Headingley, CPC)", "fr": "M. Marty Morantz (Charleswood\u2014St. James\u2014Assiniboia\u2014Headingley, PCC)"}, "content": {"en": "

Thank you, Mr. Chair.

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Thank you to all the witnesses who are here today. We've had a number of meetings on the issue of green finance. It's been very, very interesting, I have to say.

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I want to direct my first question to you, Ms. Zvan. You are the president and the CEO of the Ontario University Pension Plan. On your website, it says that the stated purpose of the UPP is investing in economic activities that contribute substantially to reducing greenhouse gas emissions or adapting to climate change.

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I guess what I'm trying to get straight in my mind is that, in terms of a person who is managing a pension fund, normally your main goal is to maximize returns for the investors in that plan. After all, this is their pension. What I'm wondering about is if you have any data with respect to the economic activities you're investing in as to whether or not they provide an equivalent return on investment to assets that wouldn't be defined in that way.

", "fr": "

Merci, monsieur le pr\u00e9sident.

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Je remercie tous les t\u00e9moins de leur pr\u00e9sence. Nous avons tenu plusieurs r\u00e9unions sur la finance verte. Je dois dire que c'est tr\u00e8s, tr\u00e8s int\u00e9ressant.

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Madame Zvan, je veux vous adresser ma premi\u00e8re question. Vous \u00eates la pr\u00e9sidente et cheffe de direction de l'Ontario University Pension Plan. Sur votre site Web, on peut lire que l'objectif d\u00e9clar\u00e9 de votre caisse de retraite est d'investir dans des activit\u00e9s \u00e9conomiques qui contribuent de mani\u00e8re substantielle \u00e0 la r\u00e9duction des \u00e9missions de gaz \u00e0 effet de serre ou \u00e0 l'adaptation au changement climatique.

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Je suppose que ce que j'essaie de comprendre, c'est qu'en tant que gestionnaire d'une caisse de retraite, votre objectif principal est normalement de maximiser les rendements pour les investisseurs qui en font partie. Apr\u00e8s tout, c'est leur retraite qui en d\u00e9pend. Je me demande si vous avez des donn\u00e9es sur les activit\u00e9s \u00e9conomiques dans lesquelles vous investissez pour savoir si elles offrent ou non un rendement \u00e9quivalent \u00e0 celui d'actifs qui ne seraient pas d\u00e9finis ainsi.

"}, "url": "/committees/finance/44-1/96/marty-morantz-1/", "politician_url": "/politicians/marty-morantz/", "politician_membership_url": "/politicians/memberships/4497/", "procedural": false, "source_id": "12286962", "document_url": "/committees/finance/44-1/96/", "related": {"document_speeches_url": "/speeches/?document=%2Fcommittees%2Ffinance%2F44-1%2F96%2F"}}