Institutions that collectively manage trillions of dollars in assets have endorsed action by governments, regulators, issuers and their own organizations to help assess and address the impacts of climate change on investments and the Canadian economy. We’ve rallied around the Paris Agreement, in which governments pledged to limit global warming this century to no more than two degrees above preindustrial levels and support the energy transition that the pledge implies.
But the weakness in how investors are assessing climate-change risk is the persistent separation of environmental concerns from social ones.
