Send a letter to the OTPP
Send the letter below urging the Ontario Teachers’ Pension Plan to support the transition to public water in Chile. The Ontario Teachers’ Pension Plan must work out a plan to engage Chilean utilities in a transition to public management and ownership of water and sanitation services. This means that the OTPP must plan for a just transition out of private water and sanitation systems.
Support a transition to public water in Chile
TO: Ron Mock, President and CEO of the OTPP
Dear Mr. Mock,
As an Ontario teacher, I am writing to urge the Ontario Teachers’ Pension Plan (OTPP) to support a just transition to public water and sanitation services in Chile.
The OTPP is currently the largest investor in Chilean water and sanitation services. It has been brought to my attention that the three companies where the OTPP is a majority shareholder are currently under investigation by Chilean authorities for infringing on the human rights to water and sanitation.
Chilean authorities are investigating two of the utilities, ESSBIO and ESVAL, for mass shut-offs that left hundreds of thousands without access to water.
This bad corporate behaviour is systemic and demonstrates the need for strong public water and sanitation services through which governments can fulfill human rights obligations even during periods of crisis. Around the world there is growing evidence that private water utilities maximize profit by shutting off those who cannot afford to pay, challenging or failing to meet environmental and public interest regulations, and refusing to operate in a transparent and accountable manner. Women, poor people and other marginalized communities are most deeply impacted.
There is a growing movement in Chile to renationalize the services that were drastically privatized during the military dictatorship of the 70s and 80s.
Much like our own struggle for a strong, publicly funded education, Chileans need to reclaim their water and sanitation services from the profit imperatives of foreign investors.
As the biggest investors in Chilean water, Ontario teachers can play an important role in making this happen. I urge the OTPP to engage Chilean utilities in a transition to public management and ownership of water and sanitation services.