The Financial Post reports in its Friday edition that the Canada Pension Plan Investment Board has dropped its 2050 net zero emissions target. A Bloomberg dispatch to the Post reports that with about $714-billion in assets, CPPIB stated its investment portfolio's complexity makes standardized emissions metrics and interim targets challenging. "Forcing alignment with rigid milestones could lead to investment decisions that are misaligned with our investment strategy," reads a segment of CPPIB's sustainability website. Toronto-based CPPIB is one of the world's biggest investors in private equity globally. It touts a 41-per-cent decline in its portfolio's carbon footprint since fiscal 2020 and remains committed to sustainability, according to the website. Other major financial institutions have backed away from climate goals following the most recent election of Donald Trump. JPMorgan, Wells Fargo & Co. and Bank of America were among institutions that left a net zero banking group following the election of Mr. Trump. Shift Action for Pension Wealth and Planet Health criticized CPPIB's decision, calling it a failure "to responsibly manage the long-term collective savings of working and retired Canadians."