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Green Banking Fails To Change Practices

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Benefits & Pension Monitor – Green banking initiatives have not changed lending and investment practices, says a report from Boston Common Asset Management in partnership with a number of regional partners, including its Canadian partner SHARE. It finds that, despite an explosion of risk assessment tools and green banking industry initiatives in recent years, practical change in the financial sector remains elusive.

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The need for climate risk disclosure

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Globe & Mail – Canadian securities regulators struggled this summer when they decided to issue new guidance on climate change-related disclosures for issuers. The regulators were clearly searching for a way to provide investors with useful information on an unprecedented systemic risk while still working within our existing continuous disclosure framework.

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