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Toronto's financial district in 2015. Photo by Matthew Henry / Unsplash Canadian banks, pension funds and insurance companies will all get to participate in a new public-private advisory body for climate disclosures in the financial sector, leading some groups to warn it could lead to industry self-regulation. The Sustainable Finance Action Council, launched May 12, will draw upon “financial sector leaders” for help in transforming Canadian markets so that they properly measure, price and disclose the risks faced by businesses from the climate crisis. It will report to Finance Minister C...

'Not fit for purpose': Powering Past Coal Alliance slammed by NGOs as 'smokescreen' for greenwashing Content by subject If you already have an account please use the link below to sign in. If you have any problems with your access or would like to request an individual access account please contact our customer service team. UK is failing to lead by example as PPCA co-chair it mulls a brand new coal mine in Cumbria, while financial institutions in group are not acting fast enough to cut ties with sector, report warns Campaigners have today accused the Powering Past Coal Alliance, the global c...

TORONTO - The Ontario Teachers’ Pension Plan Board is getting serious about climate change with a new commitment to achieving net-zero greenhouse gas emissions and ensuring their portfolio is more environmentally friendly. Smoke pours from the stacks at the Portlands Energy Centre in Toronto on Thursday January 15, 2009. The Ontario Teachers’ Pension Plan Board says it is committing to achieving net-zero greenhouse gas emissions by 2050 with a slew of climate-friendly promises. THE CANADIAN PRESS/Frank Gunn TORONTO - The Ontario Teachers’ Pension Plan Board is getting serious about clim...

Canadian Press The Ontario Teachers’ Pension Plan Board says it is committing to achieving net-zero greenhouse gas emissions by 2050 with a slew of climate-friendly promises. Canada’s largest single-profession pension plan says in the coming weeks it will establish concrete targets for portfolio emissions and ensure companies it invests in report emissions annually. The pension plan manager says it will direct proceeds from a green bond offering towards climate-friendly investment opportunities and advocate for clear climate policies with the help of global organizations it will partner ...

by The Canadian Press Last Updated Jan 22, 2021 at 2:40 pm ADT TORONTO — The Ontario Teachers’ Pension Plan Board says it is committing to achieving net-zero greenhouse gas emissions by 2050 with a slew of climate-friendly promises. Canada’s largest single-profession pension plan says in the coming weeks it will establish concrete targets for portfolio emissions and ensure companies it invests in report emissions annually. The pension plan manager says it will direct proceeds from a green bond offering towards climate-friendly investment opportunities and advocate for clear climate poli...