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 leading pension fund manager based in London, United Kingdom. The company manages investments on behalf of the Ontario Teachers' Pension Plan, one of Canada's largest pension plans.
As a responsible investor, ONTARIO TEACHERS' PENSION PLAN (EUROPE) LIMITED is committed to sustainable and responsible investment practices. They have a comprehensive sustainability program in place that focuses on integrating environmental, social, and governance (ESG) factors into their investment decisions. This program helps to mitigate risks and create long-term value for their members and beneficiaries.
The company offers a range of products and services including private equity, infrastructure, and real estate investments. They also provide active management services for their clients' public market investments.
Some key people leading ONTARIO TEACHERS' PENSION PLAN (EUROPE) LIMITED include Jo Taylor, the President and CEO, and Ziad Hindo, the Chief Investment Officer. They are supported by a team of experienced investment professionals.
ONTARIO TEACHERS' PENSION PLAN (EUROPE) LIMITED can be contacted through their website, which is www.otpp.com/europe. Their registered office address is 30 Warwick Street, London, W1B 5NH, United Kingdom.
In summary, ONTARIO TEACHERS' PENSION PLAN (EUROPE) LIMITED is a reputable pension fund manager with a strong commitment to sustainability and responsible investing. They offer a range of products and services, led by a team of experienced professionals, and can be contacted through their website or registered office address.