As I’m sure your eyes have been glued to every scrap of news about the recent COP30 climate conference, I need hardly tell you about Canada’s related $392 million commitment. This, of course, will be part of (or perhaps in addition to) our overall $200 billion investment in the fight against global warming since 2015.
Interesting as usual and mildly depressing, which seems to be he case with with the Audit sadly. Also at risk of revealing myself to be 'uninformed' could you kindly obey the FIRST RULE of ACRONYMS and clue me in as to the meaning of ESG. I reread the piece several times and it's meaning still escapes me.
I actually debated back and forth whether to properly explain ESG and I can't remember exactly why I ended up leaving the explanation out. ESG stands for "environmental, social, and governance" and, in the context of finance, describes investments whose primary priorities include those considerations - often over and above potential financial returns.
Mark Carney was, interestingly, one of the finance world's most vocal proponents of ESG. But, for both practical and legal reasons, the movement has recently been loosing speed.
And lucky you that you only find this stuff "mildly" depressing. I get so upset by it that I sometimes consider giving up writing these pieces altogether.
The only point of these expenditures is to have something to announce that sooths the climate zealot wing of the Liberal Party. Any kind of ROI (financial or otherwise) is completely irrelevant.
State adopted green theocracy will do that to fiscal prudence. Hysteria trumps reason for those lacking in it. Numeracy is under-appreciated.
Interesting as usual and mildly depressing, which seems to be he case with with the Audit sadly. Also at risk of revealing myself to be 'uninformed' could you kindly obey the FIRST RULE of ACRONYMS and clue me in as to the meaning of ESG. I reread the piece several times and it's meaning still escapes me.
I actually debated back and forth whether to properly explain ESG and I can't remember exactly why I ended up leaving the explanation out. ESG stands for "environmental, social, and governance" and, in the context of finance, describes investments whose primary priorities include those considerations - often over and above potential financial returns.
Mark Carney was, interestingly, one of the finance world's most vocal proponents of ESG. But, for both practical and legal reasons, the movement has recently been loosing speed.
And lucky you that you only find this stuff "mildly" depressing. I get so upset by it that I sometimes consider giving up writing these pieces altogether.
The only point of these expenditures is to have something to announce that sooths the climate zealot wing of the Liberal Party. Any kind of ROI (financial or otherwise) is completely irrelevant.