Climate change: past the point of mitigation

Companies need to act now – not just to reduce the impact of climate on their businesses, but the impact of their businesses on the climate

Ruth Saldanha 22 April, 2019 | 2:00PM
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When evaluating investments, we scan environments both within and around businesses, but now, more than ever we need to take a wider lens – beyond macro issues and policy moves.

We’re past the point of mitigation when it comes to climate change. And only adaptation and action will save exposed and contributing Canadian companies.

Canada’s climate is changing, with observed changes in air temperature, precipitation, snow and ice cover and other indicators, and further changes in climate are inevitable. The Federal Government’s recent report, Canada in a Changing Climate paints a dire picture, saying “Over the last six decades, Canada has become warmer, with average temperatures over land increasing by 1.5°C between 1950 and 2010. This rate of warming is about double the global average reported over the same time period.”

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Royal Bank of Canada132.19 CAD0.48Rating
The Toronto-Dominion Bank89.00 CAD0.36Rating

About Author

Ruth Saldanha

Ruth Saldanha  is Senior Editor at Follow her on Twitter @KarishmaRuth.


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