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Canada’s Environment and Climate Change Minister Steven Guilbeault said: “By eliminating inefficient fossil fuel subsidies, we are encouraging smart and efficient government investment decisions that can increase Canada’s competitiveness in a decarbonizingglobaleconomy, while avoiding creation of strandedassets.
Whether investors find Scope 3 comparable or not, the inclusion of Scope 3 reporting in most non-financial reporting standards is essential for decarbonization in line with a 1.5 ° C pathway as set out by the IPCC scientists.
trillion in real estate assets under management now committed to halving emissions by 2030, along with 20% of architects and engineers. . And over additional 40 businesses have signed the World Green Building Council’s commitment to decarbonize the built environment across their portfolios and business activities.
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