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TransCanada endorses shareholders resolution for climate-risk analysis

from The Globe and Mail

TransCanada Corp. management has endorsed a shareholders resolution requiring the company to provide an analysis of how its long-term business prospects would be affected by a transition to a low-carbon economy. The resolution submitted by two Quebec religious orders will be voted on at TransCanada's annual meeting in April, and is part of a broader effort by institutional shareholders to assess the climate-related risks faced by the public corporations in which they invest. more


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