Company Directory - Caisse de dépôt et placement du Québec
Company Details - Caisse de dépôt et placement du Québec
Caisse de dépôt et placement du Québec
WebsiteQuebec City, Canada
Caisse de dépôt et placement du Québec (CDPQ) is a major institutional investor in Canada that manages public pension funds. It focuses on long-term investment strategies aimed at generating returns for public pension plans and contributing to the economic development of Quebec.
CCI Score
CCI Score: Caisse de dépôt et placement du Québec
-42.63
0.03%
Latest Event
CDPQ Investments Linked to Human Rights Abuses in Palestine
A detailed report released on November 30, 2024, exposes that CDPQ has maintained investments totaling CAD 14.2 billion in 87 companies implicated in facilitating the occupation and alleged human rights violations in the Palestinian territories. Activists and civil society groups have criticized CDPQ for failing to divest or exert pressure for change, while top executives downplay the significance of their exposure in Israel.
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TOADIE
Caisse de dépôt et placement du Québec is currently rated as a Toadie.
Latest Events
- NOV302024
A detailed report released on November 30, 2024, exposes that CDPQ has maintained investments totaling CAD 14.2 billion in 87 companies implicated in facilitating the occupation and alleged human rights violations in the Palestinian territories. Activists and civil society groups have criticized CDPQ for failing to divest or exert pressure for change, while top executives downplay the significance of their exposure in Israel.
-30
Public and Political Behavior
April 11
CDPQ’s public statements have downplayed its investments in controversial companies, while ignoring demands from civil society groups for greater accountability. This lack of robust political engagement and transparency contributes to a negative impact in the Public and Political Behavior category.
La CDPQ complice de violations du droit international en Palestine
-50
Business Practices and Ethical Responsibility
April 11
CDPQ continues to invest heavily in companies with documented links to violations of international law and human rights abuses, such as those involved in the occupation and militarization in Palestinian territories. This demonstrates a serious lapse in ethical business practices.
La CDPQ complice de violations du droit international en Palestine
-40
Economic and Structural Influence
April 11
By holding substantial investments in companies that facilitate occupation and related economic activities, CDPQ leverages its economic influence in a way that supports an unethical status quo, further entrenching structural injustices in the region.
La CDPQ complice de violations du droit international en Palestine
- NOV252024
Three former executives of CDPQ have been indicted by U.S. authorities for allegedly conspiring to bribe Indian government officials to secure solar energy contracts. The indicted executives, who were terminated in 2023, are at the center of a scandal that raises questions about CDPQ’s internal oversight and corporate ethics, even as the institution cooperates with investigators.
-20
Business Practices and Ethical Responsibility
April 11
The bribery allegations involving former CDPQ executives point to significant failures in internal oversight and corporate accountability. Although CDPQ terminated the implicated employees and is cooperating with authorities, the scandal undermines trust in its business practices and ethical responsibility.
Scandal Deepens as Quebec Pension Executives Tied To Gautam Adani’s Bribery Scandal
- NOV222024
Three former employees of CDPQ were charged with conspiracy to violate the Foreign Corrupt Practices Act in connection with a bribery scheme tied to securing solar energy contracts for Adani and Azure Power. The implicated individuals, formerly holding high-level positions, were terminated and the company is cooperating with US authorities.
-40
Public and Political Behavior
April 11
The alleged bribery and cover-up coordinated by former CDPQ employees compromises the integrity of the company’s political and public actions, sowing distrust in how it manages its political engagements.
Adani Bribery Charges Add to Quebec Pension's India Nightmare
-50
Business Practices and Ethical Responsibility
April 11
The bribery scandal reflects serious breaches in internal governance and ethical business practices at CDPQ. While the company terminated the implicated employees and is cooperating with authorities, the incident raises fundamental concerns about its internal controls and ethical oversight.
Adani Bribery Charges Add to Quebec Pension's India Nightmare
- NOV222024
Three former CDPQ employees have been indicted in Brooklyn for allegedly engaging in a bribery scheme aimed at securing lucrative solar energy supply contracts with the Indian government. The pension fund manager terminated the implicated employees in 2023 and confirmed that it is cooperating with U.S. investigations.
-20
Public and Political Behavior
April 11
The involvement of former employees in a bribery scandal raises serious concerns about the company’s oversight and its indirect exposure to corrupt political practices. Although CDPQ has taken steps by terminating the individuals and cooperating with authorities, the incident reflects negatively on the organization’s public and political behavior.
Former Quebec pension fund workers charged in U.S. in Indian government bribery case
-40
Business Practices and Ethical Responsibility
April 11
The bribery allegations against former employees highlight significant ethical lapses within the company’s business practices. Despite the mitigation of firing and cooperating with authorities, the scandal undermines the company's commitment to ethical conduct and accountability, which is critical for maintaining trust in public institutional investors.
Former Quebec pension fund workers charged in U.S. in Indian government bribery case
- DEC312023
The December 31, 2023 report shows that CDPQ held over $14 billion in investments in companies allegedly complicit in Israeli war crimes and human rights violations, including major stakes in arms manufacturers and a reinvestment in Palantir, whose AI surveillance technologies have been used by security forces. Critics urge the fund to divest from these investments and adopt a transparent vetting process to comply with international law.
-80
Business Practices and Ethical Responsibility
April 11
CDPQ’s portfolio includes over $14 billion invested in companies implicated in war crimes and human rights abuses. Such investments, particularly in arms and defense sectors, demonstrate a disregard for ethical investment practices and contribute to the financing of oppressive actions.
-70
Provision of Repressive Technologies
April 11
CDPQ’s reinvestment in Palantir highlights its reliance on companies developing and deploying repressive surveillance technologies. Palantir’s AI systems, which have been used for profiling and detaining individuals under dubious legal frameworks, contribute to systemic human rights abuses.
-60
Economic Collaboration
April 11
By allocating substantial funds to companies involved in human rights violations and military aggression, CDPQ exercises significant economic influence that indirectly supports systems of oppression. This economic collaboration undermines ethical standards and international law.
- DEC312023
The December 31, 2023 CDPQ year‐end report revealed that over $14 billion of its portfolio is invested in companies implicated in Israeli war crimes, including arms manufacturers, surveillance technology providers like Palantir, and firms involved in human rights violations in the Occupied Palestinian Territory and Gaza. The report highlights investments linked to UN-listed companies, AFSC Investigate findings, and additional firms on arms export lists.
-80
Business Practices and Ethical Responsibility
April 11
CDPQ's significant investments in companies with documented human rights violations, weapons manufacturing, and support for the Israeli occupation indicate a serious lapse in ethical business practices and a disregard for international law, fueling complicity in war crimes and genocide.
Caisse de dépôt et placement du Québec (CDPQ) invests in Gaza Genocide
-70
Technology and Services Impact
April 11
Investments in technology companies, such as Palantir, that supply surveillance and AI tools to Israeli security forces contribute to systems of repression and mass surveillance, reinforcing tools that enable human rights violations.
Caisse de dépôt et placement du Québec (CDPQ) invests in Gaza Genocide
-75
Economic and Structural Influence
April 11
By channeling over $14 billion into companies that underwrite and profit from the infrastructure of occupation and militarization, CDPQ exerts a dangerous economic influence that supports regimes and practices in violation of international law, potentially contributing to genocide.
Caisse de dépôt et placement du Québec (CDPQ) invests in Gaza Genocide
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