Finance Minister Chrystia Freeland said on Wednesday that the federal government is moving ahead with guidelines around sustainable investing and corporate climate disclosures, but details on the plans are scarce.
There's no one way to define sustainable investing, but more fund providers in the space are beginning to provide hard numbers to back up their claims.
The pandemic has reinforced the need for governments, investors and corporate leaders to direct capital more effectively at enterprises that offer solutions to combating the climate crisis, writes Martin Grosskopf, vice-president and portfolio manager at AGF Investments Inc.
A southwestern Ontario credit union with $1 billion under management will shift next month to offering mutual funds exclusively focused on options that account for environmental, social and governance factors.
Tariq Fancy once oversaw the start of the biggest effort to turn Wall Street "green" — but now believes the climate crisis can never be solved by today’s free markets.
With no clear definition for what net-zero means or how it will alter investment decisions, the Ontario Teachers’ Pension Plan commitment runs the risk of becoming a cynical example of greenwashing, write Patrick DeRochie and Adam Scott.