cover image: Climate change and investment risk

Premium

20.500.12592/t7m498

Climate change and investment risk

14 Apr 2004

A March 2002 study released by the Investor Responsibility Research Center and the Social Investment Forum confirmed the expansion of shareholder advocacy and found that the fastest-growing area of focus for shareholder activism is climate change.3“ In Canada the federal government has made a strong commitment to sustainable development in the recent Speech from the Throne, and to incorporating ke [...] SIO-Recommended Best Practices for Pension Funds and other Institutional Investors for Assessing and Managing Climate Change Risk Based on proceedings of Climate Change and Investment Risk: a workshop for pension funds and institutional investors, Toronto, March 11, 2004 1. Canadian institutional investors should become signatories to the Carbon Disclosure Project. [...] In response to the real and According to Fairvest, the following are specific criteria that serious threat of global investors can use when assessing companies on climate change warming, the shareholders propose that the board of risk: directors of the company prepare a report on what • Adoption of a particular widely recognized reporting framework like actions and research the company is taking t [...] Projects planned under a loose partnership by the National Round Table on the Environment and the Economy, the Conference Board of Canada, the Canadian Institute of Chartered Accountants, Environment Canada, and the US EPA (Environmental Protection Agency), all aim to engage business and capital market participants in ways likely to foster this greater understanding and its implications for financ [...] The mandate of the SIO is to raise the public profile of socially responsible investment, to reach out to other groups interested in socially responsible investment, to provide information to our members and the public and to take a leadership role in coordinating the development of the socially responsible investment agenda in Canada.
environment climate change politics air pollution renewable energy economy global warming greenhouse gas emissions finance climate change mitigation best practices business corporate social responsibility investments environmental pollution risk investors emissions trading climatic changes social investment financial statement business finance greenhouse economy, business and finance socially responsible investment chief financial officer carbon disclosure project global warming, atmospheric
Pages
27
Published in
Canada

Related Topics

All