Canada. Pensions need to up their climate-risk management game
As the United Kingdom sweats under record-high temperatures, pension fund managers on this side of the pond are being warned about their net-zero targets. Pension fund administrators should continue to adopt net-zero emissions targets for 2050, and have their targets vetted through third-party certification standards — such as the Science-Based Target initiative or Glasgow Financial Alliance for Net-Zero — according to Building Climate Resilience in Canada’s Pension Funds, a report released by the Smart Prosperity Institute on Wednesday. The institute...
