A survey of Canadian institutional investors reveals that climate change remains a top risk despite shifting priorities in sustainable finance. While net-zero targets have lost some prominence, investors are increasingly focused on how companies integrate climate impacts into business strategies. The report highlights growing concerns about governance, with 68% of respondents citing governance as a critical factor in ESG performance. The $7.2 trillion in assets managed by Canadian institutions underscores the scale of these decisions. The study also notes rising attention to AI and technological innovation in addressing climate challenges, though these remain secondary to core risk management. Key findings show that 72% of investors believe climate risks will significantly impact financial markets within five years, prompting renewed emphasis on scenario analysis and resilience planning. The report warns that without robust integration of climate considerations, institutions risk long-term financial exposure and reputational damage.

YouTube video by TENERIFEWEEK