Resources for Trustees
Understand climate-related risks and opportunities and build climate competence to improve effective fund management.
Stocktake on Nature-related Risks: Supervisory and regulatory approaches and perspectives on financial risk
The Financial Stability Board (FSB) conducted a stocktake of regulatory and supervisory initiatives associated with the identification and assessment of nature-related financial risks, including an investigation of the perception of central banks and supervisors regarding whether nature degradation, such as biodiversity loss, is a relevant financial risk. The stocktake summarizes current and planned regulatory and […]
Read moreIFRS S2 Adoption by Jurisdiction
Summary The International Sustainability Standards Board (ISSB) announced that “[c]lose to 400 organisations from 64 jurisdictions have committed to advancing the adoption or use of the International Sustainability Standards Board’s climate-related reporting at a global level” at the COP28. The Canada Climate Law Initiative (CCLI) has conducted research into the jurisdictional adoption of the International […]
Read moreProgress and priorities: Reviewing sustainability in key pension systems
Pension funds are long-term investors and their ability to generate long-term returns relies on the performance of the markets and economies in which they invest. Because sustainability factors such as climate change and biodiversity loss threaten the performance of the markets and economies on which they rely for financial returns, pension funds have a responsibility to […]
Read moreCanadian Pension Climate Report Card 2023
Shift’s annual Canadian Pension Climate Report Card is an independent benchmark for evaluating the quality, depth and credibility of climate policies for 11 of Canada’s largest pension managers. This second edition finds that despite incremental progress, Canadian pension funds remain off track, especially compared to international peers. Far more work is needed to ensure Canadian […]
Read more2022 Canadian Pension Climate Report Card
Shift’s inaugural Canadian Pension Climate Report Card analyses the climate policies and strategies of Canadian pension funds based on public information disclosed to December 31, 2022.
Read moreBiodiversity Risk: Legal Implications for Companies and their Directors
This paper by the Commonwealth Climate and Law Initiative analyses the relevance of biodiversity risks to companies and economies in the discharge of directors’ legal duties globally.
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