article thumbnail

Canadian pension funds are starting to embrace the green transition

Corporate Knights

If Canada’s pension fund managers don’t take sustainability seriously, he adds, “they could get caught with stranded assets, which will cost their pensioners a lot.” They have a big role to play in facilitating the transition to a low-carbon economy.”

Net Zero 285
article thumbnail

The High Cost of Climate Inaction

3BL Media

We have limited time to transform investment patterns and capital allocation to avoid crossing tipping points that could lead to a hothouse earth. As the Task Force on Climate-Related Financial Disclosures (TCFD ) has shown, changes within financial institutions – such as climate mainstreaming in investment processes – can be slow.

Net Zero 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Red Light, Green Light

Chris Hall

“To protect the UK’s competitive advantage as the world’s largest net exporter of financial services, purposeful and predictable sustainable finance policy is fundamental, and can help position the country’s financial services as a global leader in green investment,” says Shipra Gupta, Investments Stewardship Lead at Scottish Widows, a signatory of (..)

article thumbnail

ESG Explainer: Sucking up to Carbon Capture

Chris Hall

C or below will leave a substantial amount of fossil fuels unburned and could strand considerable fossil fuel infrastructure. Depending on its availability, CCS could allow fossil fuels to be used longer, reducing stranded assets.”. What is carbon capture and storage? “In