The newly created role shows the Plan's commitment to sustainability and ethical investments

TORONTO, May 15, 2023 - The CAAT Pension Plan ("the Plan"), one of Canada's fastest-growing and most sustainable defined benefit (DB) pension plans, is pleased to announce the appointment of Karen Lockridge to the newly created role of Director, Responsible Investing.

Karen has over 30 years of pension and investing experience and, most recently, was the Director of ESG Investing for the Canada Post Corporation Pension Plan. She is currently a member of the Principles for Responsible Investment Asset Owner Technical Advisory Committee, and a board member and Chair of the Governance Committee of QUEST Canada.

Responsible investing

Karen’s duties will include developing and refining CAAT's responsible investing strategy, including research, analysis, assessments and reporting on the Plan's Environmental, Social and Governance (ESG) activities. She will play a key role in implementing the Plan's Responsible Investing processes and procedures while providing guidance to the investment team on all responsible investing-related matters, including proxy voting and engagement with investee corporations.

“We are delighted to have Karen join CAAT in the newly created Director, Responsible Investing role”, said Asif Haque, Chief Investment Officer, CAAT Pension Plan. “As a strategic addition to our team, Karen brings a wealth of experience and expertise in helping pensions integrate ESG considerations into investment management. She will play a major role in helping CAAT fulfil its commitment to investing sustainably, while generating investment returns sufficient to maintain Plan health in the long term.”

Education and affiliations

Karen Lockridge holds a Bachelor of Science degree in Applied Mathematics from the University of Alberta and is a Fellow of the Society of Actuaries and the Canadian Insitute of Actuaries.

About CAAT Pension Plan

Established in 1967, the CAAT Pension Plan is an independent, jointly governed plan that offers two highly desirable designs of a defined benefit pension. CAAT's award-winning DBplus plan design is leading an extraordinary pace of growth for the Plan. Originally created to support the Ontario college system, the CAAT Plan now proudly serves more than 290 participating employers in 15 industries including the for-profit, nonprofit, and broader public sectors. It currently has more than 82,900 active and retired members. The CAAT Plan is respected for its pension and investment management expertise and focus on stability and benefit security. On January 1, 2023, the Plan was 124% funded on a going-concern basis.

Learn more at: www.caatpension.ca.

For more information:
Media Relations
CAAT Pension Plan
media@caatpension.ca