High-emission oil producers at risk from investor action

Mon, 14 Oct 2019

High-emission oil producers may be more at risk from investor action than carbon costs, a Canadian expert on sustainability finance says. Barbara Zvan, chief risk and strategy officer at Ontario Teachers’ Pension Plan and a member of Canada’s expert panel on sustainable finance, says her country faces a massive challenge reducing emissions from its oil and gas industry, its biggest export earner and the fourth-largest producer worldwide. She told delegates at the Climate Change and Business Conference in Auckland last week that investors’...

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