The Financial Post reports in its Friday edition that Quebec's Caisse pension fund is doubling down on its sustainable investing targets after meeting its goals for this year earlier than expected. A Bloomberg dispatch to the Post says the Caisse pledged Thursday to invest $400-billion (U.S.) by the end of the decade in companies committed to decarbonizing their operations and in climate solutions such as low-carbon technologies. "We are reaffirming our sustainable investing convictions because they are at the heart of our fiduciary responsibility," Charles Emond, chief executive officer of the Caisse, said in a statement. The fund is encouraging companies it invests in to adopt "clear and credible" decarbonization plans "with a view to long-term value creation and sound risk management for our depositors," he said. The decision comes amid a fraught political backdrop for sustainable investing. Canada Pension Plan Investment Board has dropped its pledge to achieve net zero emissions by 2050 and Royal Bank of Canada scrapped its sustainable finance commitments in April, just months after leaving the Net-zero Banking Alliance. The Caisse maintains that its strategy is rooted in the profit motive rather than altruism.