No time to waste on climate risk, BoC and OSFI warn [Investment Executive - News]
Sun Life Financial Inc. (SLF)
Last sun life financial inc. earnings: 2/12 05:01 pm
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sunlife.com/global/investors?vgnlocale=en_ca
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Source: Investment Executive - News
Delaying policy action on climate change will increase the negative economic impacts and the risks to the financial sector, according to new research from the Bank of Canada and the Office of the Superintendent of Financial Institutions (OSFI). The warning comes in a report detailing the results of a scenario analysis carried out by the federal financial regulator and the central bank. The analysis examined transition risk posed by the shift to a low-carbon economy under four different scenarios that varied based on the timing and severity of emission reduction requirements. The exercise revealed that delayed action, which results in larger emission reduction requirements, “increases the overall economic impacts and risks to financial stability.” It concluded that the “mispricing of transition risks could expose financial institutions and investors to sudden and large losses. It could also delay investments needed to help mitigate the impact of climate change.” The analysis did no
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News
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- Reasons Why You Should Add Sun Life (SLF) to Your Kitty Now [Yahoo! Finance]Yahoo! Finance
SLF
Earnings
- 2/7/24 - Beat
SLF
Sec Filings
- 3/27/24 - Form 6-K
- 3/26/24 - Form 6-K
- 3/25/24 - Form 6-K
- SLF's page on the SEC website