Code Red: Investors Must Do Their Part

There are pathways out of the “code red for humanity”, and all Canadian investors have to play their part to hold companies accountable.

Ruth Saldanha 17 August, 2021 | 1:45AM
Facebook Twitter LinkedIn

Hourglass in Hand

Last week, the latest Intergovernmental Panel on Climate Change report, titled Climate Change 2021: The Physical Science Basis, found that, unless there are immediate, rapid, and large-scale reductions in greenhouse gas emissions, the ability to limit warming to close to 1.5°C or even 2°C will be beyond reach.

In response, UN Secretary-General António Guterres released a statement saying the IPCC report “is a code red for humanity” and “This report must sound a death knell for coal and fossil fuels, before they destroy our planet.” He added that the climate crisis poses enormous financial risk to investment managers, asset owners, and businesses, which should be measured, disclosed, and mitigated. 

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

Passionate about Investing Sustainably?

Find 10 Answers for 2021 Here

Facebook Twitter LinkedIn

About Author

Ruth Saldanha

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


© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy