Sector's strong financials, green transition, to drive deal activity
Sun Life Financial Inc. and Manulife Financial Corp. are Canada's first and fourth-largest fossil fuel investors
Higher upfront cost reduces long-term risks for economy, banks
Companies aren't doing enough to align portfolios, engage with companies and policymakers
At issue is the financing of fossil fuel expansion projects
Conflicts, transparency, targets in sustainability-linked loans all raise questions
Regulating ESG rating providers is part of the new measures
Annual survey finds universal adoption of ESG and sustainability initiatives
Growing politicization of ESG investing in U.S. poses risk to asset managers, Moody's says
Auditor recommends OSFI sets clearer guidance about the information banks must report in their transition plans