Both banks faced shareholder proposals related to environmental policy
A BoC paper found only small investor discounts for large GHG emitters, creating risk in the event of a sharp shift
Standardization efforts will be key to enhancing credibility and driving growth
ESG getting pushback from politicians in Texas, Florida, West Virginia and others
Corporate exposure to environmental risk is up sharply since 2015
Climate risk to factor into bond purchases and collateral framework
Group targets 40 companies to lead transition to low-carbon economy
Widespread awareness has not translated into widespread impact
The top area of investment focus was the environment, a Mackenzie study found
Demand for offsets set to soar, driving prices sharply higher