Canada's stock exchanges list some of the most energy-intensive companies in the world, including hundreds of miners, like Barrick Gold and Teck Resources. The Toronto Stock Exchanges alone have handled more than 80% of worldwide mining equity transactions over the past five years.
These companies have a huge environmental footprint - oil sands extraction and upgrading, for example, produce significantly more greenhouse gas emissions and adverse water impacts than the production of conventional oil in Canada or the U.S. Yet the vast majority of companies are failing to address and disclose the significant environmental risks and opportunities they face, exposing their shareholders to unnecessary risks.
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