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Canada isn't challenging banks enough to prepare for climate chaos

Corporate Knights

The joke is a good reminder of the limitations of the climate-scenario exercise about to be conducted by Canada’s financial regulator, the Office of the Superintendent of Financial Institutions (OSFI). The post Canada isn't challenging banks enough to prepare for climate chaos appeared first on Corporate Knights.

Banking 350
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Investors Go Salmon Fishing With Climate Scientists

3BL Media

Renewable energy sources, such as solar or wind power, are critical cogs in the world’s transition to net zero carbon emission. The popular index has also been deployed by businesses—for example, the banking industry and those who manage municipal bond ratings. Renewables Reliability: How Steadily Will the Wind Blow?

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These 50 Canadian corporate citizens are a cut above

Corporate Knights

Just as more than 95% of climate scientists accept the truth of climate change, most corporate leaders recognize that their role in society has changed. degrees 38* 42 Agnico Eagle Mines Ltd Metal and coal mining C 38* 31 Bank of Montreal Banks C NZAM, NZBA 39** 45 Manulife Financial Corp Insurance companies C 1.5°C

Net Zero 299
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“Huge Disconnect” Between Financiers and Scientists on Climate Risk  

Chris Hall

Some actuaries are arguing that “narrative scenarios” – qualitative information to accompany the quantitative data to provide context around climate-related metrics – would help.

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Take Five: Sticking Point

Chris Hall

Sticking point – The G20 failed to agree on the phasing down of fossil fuels, leaving climate scientists and environmental campaigners frustrated amid weeks of extreme weather events around the globe demonstrating the escalating climate crisis.

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Mindset Shift

Chris Hall

By continuing to follow predictions from central banks and other established sources of economic wisdom, companies and investors are making the wrong calls on their sustainable investment policies and climate transition plans, Keen argued.

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Janet Yellen on financing a sustainable future

GreenBiz

Climate scientists have unambiguously told us how to avoid the grimmest consequences of climate change: achieve net-zero emissions by 2050. President Biden has outlined an ambitious strategy to transition the United States to net-zero emissions and has mobilized the entire government to achieve it.