CDPQ teams up with CREO to invest in sustainable economy
Caisse de dépôt et placement du Québec (CDPQ) has agreed to partner with the CREO Family Office Syndicate in a new initiative aimed at providing more capital to climate-related investments. No financial terms were disclosed. The partnership will focus on creating new deal opportunities, sharing expertise and exercising stronger climate leadership within the industry, CDPQ and CREO said. CDPQ said it reduced the carbon intensity of its global portfolio by 10 percent in the past year, while increasing investing in low-carbon assets by $10 billion. CREO is a New York City-based network of family offices.
10 April 2019•3 mins read
