Travis Olson, a 22-year-old from Camrose, Alta., is worried that his pension is at risk from climate breakdown and has joined three other young people and two law firms to hold the Canada Pension Plan accountable.

In a lawsuit Olson filed Monday at the Ontario Superior Court of Justice alongside Aliya Hirji, Rav Singh and Chloe Tse, the plaintiffs allege the Canada Pension Plan Investment Board is violating its legal obligations to protect their pensions from climate risk.

The lawsuit specifically alleges the pension fund, which is the largest in Canada and sixth largest in the world, has breached its legal duties to its beneficiaries by “failing to prudently identify, assess or manage climate-related financial risks.”

The case is the first time a Canadian investor has been sued

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