The Canada Pension Plan Investment Board is appointing Richard Manley as its chief sustainability officer.
In the role, Manley will lead the team responsible for refining and enacting a strategic roadmap to help the investment organization navigate the global transition away from fossil fuels. The CPPIB expects the plan to help anticipate, manage and integrate sustainability-related factors in order to create value over the long term.
Read: CPPIB appointing Kristina Fanjoy as senior managing director, CFO
Manley, who joined the organization in 2019 as the managing director and head of sustainable investing, will continue to lead the sustainable investing group. Earlier in his career, he was the global head of thematic equity and environmental, social and governance research at Goldman Sachs.
According to a press release, John Graham, president and chief executive officer of the CPPIB, said the move will help the organization reach its net-zero commitments. “I am pleased that Richard will carry forward our efforts to maximize value by building and growing a portfolio with a focus on long-term performance.”
Read: CPPIB promoting Priti Singh to global head of capital markets, factor investing