Pension fund trustees obligated to consider climate change risk: lawyer

Law Times

Document Type

Media Mention

Publication Date

6-4-2021

Source Publication

lawtimesnews.com

Description

With the overwhelming evidence of climate change’s potential to materially impact economic activity, and the recent recognition of this financial risk from the Supreme Court of Canada, pension fund trustees are obligated to consider climate change as part of their fiduciary duty, said a legal opinion released by the Canada Climate Law Initiative.

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