“Business risk from climate change now top of mind for Canada’s corporate boards”, 22 Nov 2017

…[I]nstitutional investors…[are] pressing companies for more information on how they will manage the transition to a low-carbon economy. Companies in carbon-heavy industries...face the highest pressure, as investors fear being stuck holding stranded assets…

The pressure has catapulted climate risk to the top of the agenda in many of Canada's boardrooms as companies grapple with how to measure, mitigate and disclose potential liabilities...

…[E]xperts caution that a lack of consistency between how various companies measure and disclose climate-related risks leaves much work to be done…Canadian companies aren't legally required to report their direct and indirect greenhouse gas emissions, although a number of them do so voluntarily… 

Although much of the conversation about climate change is focused on risk, Mr. Sabia [chief executive officer of Caisse de dépôt et placement du Québec] notes that there are positives, as well. "There are going to be huge investment opportunities created here – smart grids, solar power, wind power, battery technology, urban transit, environmentally friendly real estate"...[also refers to Alimentation Couche-Tard Inc.; Barrick Gold Corp.; BlackRock Inc.; Goldcorp Inc.; NEI Investments; Suncor Energy Inc.; Teck Resourcs Ltd.; Vanguard]