As a country, Canada stands to gain more than most by preparing for the transition to a lower-carbon economy. Energy and other carbon-intensive sectors play a large role in the Canadian economy. As a major exporter, the country is vulnerable to shifts in the carbon policies and preferences of its trade partners. Canadian investors and regulators are aware and have been refining guidance on climate risk and moving closer, in a variety of ways, to making climate risk and TCFD reporting mandatory.
Better climate reporting and disclosure will improve the likelihood of a smooth transition to a.... (continue reading)