Briefing

Mark Carney says Canada’s securities regulators haven’t done enough to enforce climate-risk reporting

The former central bank governor said provincial securities regulators are positioned to require companies to report their financial risk related to climate change, and set guidelines for how to do so—but suggested they haven’t done so because of a lack of global standards. “Given how mainstream this issue is now … it’s an anomaly that there’s not consistent global policy on this,” he said in a conference call with Jim Leech, chair of Queen’s University’s Institute for Sustainable Finance Advisory Board. (The Logic)

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