Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices
Experts in capital markets are working to establish common standards for assessing climate risk. (Mark Schiefelbein/The Associated Press)
Experts in capital markets are working to establish common standards for assessing climate risk. (Mark Schiefelbein/The Associated Press)

Climate risk taking larger focus in assessing companies’ credit Add to ...

Subscribers Only

Investors and financial analysts are increasing their focus on climate risk in assessing the credit-worthiness of a broad range of companies that are affected by carbon pricing, regulatory changes or extreme weather, the head of Canada’s largest credit-rating agency said on Tuesday.

DBRS Inc. held a briefing in downtown Toronto for portfolio managers, analysts and others in the financial industry, and warned that governments and institutional shareholders are demanding that capital markets better reflect the ways that a worsening climate crisis will affect businesses.

Report Typo/Error

Follow on Twitter: @smccarthy55

Also on The Globe and Mail

IMF head says she hopes Canada's economic policies 'go viral' (CP Video)

Next story

loading

In the know

The Globe Recommends

loading

Most popular videos »

Highlights

More from The Globe and Mail

Most popular