Blogs
Climate Change and the Financial Sector
Awareness and calls to action on climate change in the financial sector have gained significant momentum in the last few years, especially since the 2015…
2 Years After Paris Agreement, Support for Climate Disclosure is Surging
The final recommendations of the industry-led Financial Stability Board (FSB) Task Force on Climate-related Financial Disclosure (TCFD) are continuing to gain momentum and attract support from companies,…
Drive for Increased Climate-related Financial Disclosures Continues
Companies can no longer hide their climate risk. The Financial Stability Board (FSB) is helping to standardize the approach to reporting on climate-related risks and opportunities,…
CSA to Review Climate-Related Disclosure and Reporting Requirements
MARCH 21, 2017 – The Canadian Securities Administrators announced their intention to review the climate-related disclosures prepared by large reporting issuers listed on the Toronto Stock Exchange….
London Stock Exchange Joins Call for Greater Disclosure of Climate Risks
The London Stock Exchange Group (LSEG) recently published a guidance document, adding its voice to the choir declaring the importance of issuers integrating climate change-related information into…
Building Climate Competency in Corporate Boardrooms
Corporate boards are not adequately equipped to deal with a changing climate, according to recent studies. There is growing interest in companies’ exposure to climate…
Climate Risks Rank Prominently in WEF’s Global Risks Report
The latest Global Risks Report highlights climate-related concerns as some of the more notable risks for 2017. In the 12th edition of the Global Risks Report,…
TCFD Releases Phase 2 Report and Recommendations
Today, FSB’s Task Force on Climate Financial Disclosure (TFCD) released its Phase II report with recommendations for climate-related voluntary disclosures within mainstream financial reporting. The TFCD states…
Financial Services Sector Uniquely Placed to Address Climate Risk
Industry leaders continue to urge companies to integrate climate change into business strategies, financial disclosures and risk management processes. Mark Carney opted to focus on…
Momentum for Climate Disclosure Continues as Investors Push
Major Canadian institutional investors including the Canada Pension Plan Investment Board, Bank of Montreal’s Global Asset Management group and the Ontario Teachers’ Pension Plan have announced…