Score of 84.4/100 qualifies for PaymentCheck Certification
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2025 - 31 Dec 2025 | 28 Jan 2026 | 20 | 85% | 9% | 6% | 28% |
| 01 Jan 2025 - 30 Jun 2025 | 24 Jul 2025 | 26 | 84% | 6% | 10% | 26% |
| 01 Jul 2024 - 31 Dec 2024 | 27 Jan 2025 | 25 | 71% | 19% | 10% | 49% |
| 01 Jan 2024 - 30 Jun 2024 | 25 Jul 2024 | 20 | 82% | 13% | 5% | 25% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 19 | 81% | 14% | 5% | 26% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
OTPP does not have standard payment terms. Payment terms are agreed with suppliers as part of contract negotiations.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
104
Any disputes shall be resolved through direct communication between the business unit and the respective vendor. Should any issue escalate beyond resolution at this level, it will be promptly escalated to internal legal team for further evaluation and appropriate action.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Ontario Teachers' Pension Plan (Europe) Limited is a London-registered entity within the Ontario Teachers' Pension Plan group, one of the world's largest pension funds. Its stated business activity is fund management. The wider group manages retirement assets for hundreds of thousands of working members and pensioners of Ontario's teaching profession, investing across public and private markets including equities, infrastructure, natural resources and real estate, with operations spanning the Americas, EMEA and Asia-Pacific. This UK company represents part of that international investment network, supporting the group's activities in the European region. As the entity is a subsidiary rather than the parent fund, its own operations are limited to representing and managing the group's interests within Europe.
Generated from the company's website and Companies House records. Sources: otpp.com · otpp.com