The Caisse de dépôt et placement du Québec is reporting $226 billion in climate action investments as at Dec. 31, 2025, towards a goal of $400 billion by 2030.

The investment organization’s latest sustainable investing report noted it aims to accelerate the decarbonization of companies and the economy by investing in companies that integrate the climate into their business models and by proactively investing in climate solutions. In 2025, the Caisse invested $156 billion in companies with decarbonization targets and $70 billion in climate solutions, including $65 billion in low-carbon assets, with nearly $20 billion in Québec.

Read: Caisse investing $400 billion in climate initiatives by 2030, joins global sustainability alliance

The Caisse also made gains on several social and governance aspects over the past year, the report added. Roughly half (48 per cent) of its employees and 43 per cent of its board of directors are women, while 28 per cent of its Canadian employees identified as a member of a visible or ethnic minority or as Indigenous. Notably, three-quarters (76 per cent) of its actively-managed public companies had at least 30 per cent women on their boards of directors, an increase of 85 per cent since 2020.

In 2025, the Caisse engaged 451 portfolio companies on topics such as artificial intelligence and human rights, and the investment organization exercised its voting rights on 32,169 resolutions at 3,052 shareholder meetings to express its sustainability convictions. It also opposed the reappointment of directors of 35 companies because of their inaction on the climate, the report noted.

“In a rapidly changing environment, our responsibility as a long-term investor is to take concrete action,” said Emmanuel Jaclot, executive vice-president and head of infrastructure and sustainability at the Caisse, in a press release. “This approach also enables us to support our portfolio companies and anticipate the risks and opportunities associated with the major transitions currently underway — whether involving the climate, technology or society.”

Read: 80% of Caisse’s portfolio invested in low-carbon assets: report