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Climate change is part of pension trustees’ legal responsibilities, a new Canadian analysis reveals

26 May 2021 – Canadian pension trustees are the latest to receive a warning that they must consider climate change as part of their legal responsibilities, joining their peers in the UK, Australia and South Africa that have been put on notice in recent years by influential legal opinions.

The Canada Climate Law Initiative has today released an opinion from one of Canada’s most respected pension lawyers, Randy Bauslaugh of McCarthy Tétrault LLP. Randy concludes that pension fund trustees have obligations to consider climate change as part of their fiduciary duty.