Ontario Teachers Insurance Plan (OTIP)
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Our people and communities
- Our OTIP
- Our environment
Environmental Achievements
- Reduced building usage and operational waste by consolidating business facilities.
Social Achievements
- 83% employee engagement score
- 90% of employees would recommend OTIP as a great place to work
- Launched the Thrive Committee to support employee well-being
- Offered 20 student bursaries of $1,500 annually
- Introduced LinkedIn Learning for employee development
- Donated $40,000 to United for Literacy
- Donated $25,000 to Indspire
- Hosted a speaker session on National Day for Truth and Reconciliation
Governance Achievements
- Introduced the Cyber Awareness Program (CAP) for employee cybersecurity training
- Implemented incident response training for relevant departments
- Deployed a new solution suite for enhanced network security
Climate Goals & Targets
Medium-term Goals:
- Implement Volunteer Day Program
- Introduce LinkedIn Learning
- Co-sponsor Press Start CoLab High School Program
Short-term Goals:
- Enhance understanding of environmental impact and integrate sustainable practices
- Continue to advance inclusion, diversity, equity and accessibility (IDEA) initiatives
Environmental Challenges
- Need to improve diversity and inclusion initiatives
- Need to better understand environmental impact and integrate sustainable practices
Mitigation Strategies
- Partnership with the Canadian Centre of Diversity and Inclusion (CCDI) for feedback and guidance
- Development of an environmental sustainability plan