Resources for Directors
Understand climate-related risks and opportunities and build climate competence to remain competitive
The Greenhouse Gas Emissions Coverage of Carbon Pricing Instruments for Canadian Provinces
In this paper we provide a comparison of the coverage of Canadian carbon pricing systems. We define coverage as the proportion and types of emissions priced under the various systems, by emissions source. We compare provincially announced pricing systems to the federal benchmark (the minimum coverage provinces must meet) and the federal backstop, the pricing […]
Read moreCanada Profile – Climate Bonds
Climate Bonds Initiative is an international organisation working solely to mobilise the largest capital market of all, the $100 trillion bond market, for climate change solutions
Read moreTime to Act: Response to questions posed by the Expert Panel on Sustainable Finance on Fiduciary Obligation and Effective Climate-related Financial Disclosures
The Expert Panel on Sustainable Finance has been commissioned by the Canadian Government to determine how best to generate sustainable finance, a significant challenge given the carbon intensity of Canada’s economy. The Expert Panel has defined sustainable finance as capital flows, risk management activities and financial processes that assimilate environmental and social factors as a […]
Read moreSevere Weather Causes $1.9 Billion in Insured Damage in 2018
Severe weather across Canada continues to highlight the financial costs of climate change to insurers and taxpayers. In 2018, insured damage for severe weather events across Canada reached $1.9 billion, according to Catastrophe Indices and Quantification Inc.
Read moreTCFD Implementation Guide
In June 2017, the Task Force on Climate-related Financial Disclosures (TCFD) published recommendations for climate-related financial risk disclosures in mainstream corporate filings. More than 600 organizations have publicly expressed support for the recommendations but many have cited a need for practical guidance on how to implement them. The Climate Disclosure Standards Board (CDSB) and the […]
Read moreWinds of Change: Environmental Sustainability Rises to the Board Level
With high-impact weather events on the rise, natural resource scarcity increasing, and the other looming impacts of climate change, boards of directors are facing intense pressure from stakeholders to get more involved in environmental sustainability governance. Diligent Institute set out to understand how directors and boards globally are engaging with this complex set of issues. […]
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