Canadian funds have largely shied away from fossil-fuel divestment
``We are not, and will not be, a 'climate policymaker,''' the Fed chair said at a conference
Criteria need to be strict enough to be credible, without being too tough for fund managers
Draft principles recognize the threat to banks and the financial system
Second-annual study also finds that 30% of companies have net-zero targets
Firm cited confusion in decision to leave Net Zero Asset Managers initiative
Canada's big banks said they're still focused on net-zero commitments
Sustainable Finance Task Force ready to rule on ISSB disclosure standards, carbon markets
Agency issues proposed principles for large banks to address climate risks
Proxy advisory firm adopts voting policy changes for upcoming season