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The CEO of Canada’s largest pension plan, CPP Investments, has said the fund will continue to invest in the fossil fuel industry. The plan has a goal for 2050 of an investment portfolio that, on balance, is net-zero in terms of GHG emissions. CEO John Graham has said that it will not rely simply on divestment to reach that objective. CPP Investments’ approach will be to help energy businesses to fund their transition to net-zero operations. CPP’s Board intends to be an “active, engaged investor.”