On Thursday, the Bank of Canada released its 2019 Financial System Review, and for the first time it listed climate change as one of the main risks to Canada’s economy and financial system. The inclusion of climate change as one of six vulnerabilities listed in the Financial System Review (FSR) comes a few weeks after the Bank […]
Tag: Finance
2017 Budget – Creating Canada’s Clean Growth Economy
The 2017 Budget reiterated the Federal Government’s commitment to decarbonizing the economy with significant investments planned in green infrastructure and the growth of clean technology sector. This solidified the progress from 2015 and 2016 that started with Canada’s commitment to the Paris Agreement, followed by the Vancouver Declaration on Clean Growth and Climate Change and the […]
Manifest Named a Founding Advisory Partner of the Sustainability Accounting Standards Board
On March 28, 2016, the Sustainability Accounting Standards Board (SASB) announced the launch of its Advisory Partner Program to support corporate and investor application of sustainability disclosure standards and guidance. We are proud to have been selected as one of the ten founding Advisory Partners and the only Canadian firm certified to support the application of SASB standards. […]
Climate Change is Transforming the Financial Landscape through Disclosure, Divestment and Duty
The Bank of England governor, Mark Carney, recently delivered a stark warning detailing the various risks global markets and the financial community face as a result of a changing climate. He called climate change the “tragedy of the horizon”. Climate change increases physical, regulatory, reputation and litigation risks in a timeframe that may be longer than our […]