Learn what Canadian organizations need to know about the outcomes of COP26.
COP26, the United Nations Climate Change Conference, created the momentum for increasingly ambitious climate commitments from both the public and private sectors. Canada announced commitments to reach net-zero greenhouse gases by 2050, and to cut emissions by 40 to 45 percent below 2005 levels by 2030. In addition, there has been a significant groundswell of commitments by Canadian asset managers and financial institutions to both domestic and global industry initiatives. With Canada’s largest banks joining the Net-Zero Banking Alliance, the business environment in this country will change.
This post-COP26 roundup on the current state of climate action and the implications for Canadian organizations of our commitments to sustainable finance and business practices features our expert panel from Scotiabank and Willis Towers Watson. They discuss what Canadian organizations need to know about the outcomes of COP26 and share considerations for framing your climate change strategy.
“COP26 propelled mainstream business and finance to declare the rapid beginning of the end of the fossil fuel economy and the move towards net-zero.”
Rowan Douglas | Head of the Climate and Resilience Hub at Willis Towers Watson