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Navigating ESG Commitments in Canada
This chapter examines the shifting landscape of Environmental, Social, and Governance (ESG) initiatives among Canadian banks and companies. It discusses the pressures from regulators and environmentalists, the integration of ESG into core business strategies, and the alignment of executive compensation with sustainability goals. Additionally, it explores how U.S. developments and a renewed interest in fossil fuel infrastructure are influencing Canadian corporate responses to ESG criticisms.