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Disclosure of Climate-related Financial Information

2 Nov 2017

They provide for companies’ business models and financial no meaningful discussion of ways in which results.25 Less than one-third of the companies climate change can affect the banks’ loans and made specific disclosure of board and senior investments.29 Better and more detailed disclosure management oversight of climate-related issues can be found in reports to the CDP (formerly and only one-quar [...] In addition, the maximum time horizon used by Canadian banks in their CDP reports is Starting with the Canadian issuers, the provincial six years, which is not long enough to capture the and territorial securities commissions should most significant impacts of climate change.31 require the disclosure of climate-related financial information.33 The priority should be obtaining disclosure through ma [...] For example, the CDP reports of the Bank funding status of pension funds in the coming of Nova Scotia (Scotiabank) and the RBC are signed off by the chief marketing director officer and the corporate environmental affairs years. [...] The program’s mission is and international law in collaboration with a to connect knowledge, policy and practice to build range of strategic partners and support from the international law framework — the globalized the Government of Canada, the Government rule of law — to support international governance of Ontario, as well as founder Jim Balsillie. [...] Crisis and Credit Unavailability: Cause or Effect?,” delivered for the University of Durham/Newcastle University’s 2016 symposium, “The → We do not yet (and may never) understand our Untold Stories of the Financial Crisis: The Challenge of Credit Availability,” standard story is that the financial crisis resulted in human limitations well enough to correct the sponsored by the Economic and Social
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Pages
12
Published in
Waterloo, ON, CA

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