Read: PSP Investments’ green assets increased to $64.9BN in fiscal 2024: reportPSP Investments is considering short-, medium- and long-term timelines for climate-risk management in its portfolio and the impact these investments could face from the effects of climate change. “We believe that several assets will face acute and chronic physical risks, intensifying the economic costs associated with frequent and impactful extreme weather events and that carbon-intensive assets may face increasingly strict regulatory requirements.”The ability to adapt to regulatory changes and stakeholder expectations, it said, will be critical to capitalize on potential investment opportunities with strategies that can manage risks and make the most of emerging market potential. Looking ahead to its fiscal 2026 period, the investment organization is targeting the ongoing deployment of its 2022-2026 climate strategy and will also enhance its sustainability disclosures with financial reporting informed by first and second referendums from the Canadian Sustainability Disclosure Standards. Read: PSP Investments returns 12.6% for fiscal 2024, net assets increase to $264.9BN