I'll stop you there. Indeed, you did a study on this subject, entitled “Re-thinking Climate Economics”. What I gather from your answer is that, for these people, profit is the only thing that counts. They care very little about the environment. Basically, they don't care about the costs of climate change. It would therefore be important for the boards of these companies to include people with a deeper understanding of environmental issues.
Ms. Segal, the European Union directive on corporate sustainability reporting requires companies to report not only on the risks they face from climate change, but also on the material impact they have on environmental and social factors.
How would you characterize the gap between Canada's position and this European Union directive?
What effect could the establishment of a rigorous framework have on the follow-up to Canada's commitments in the context of the Paris Agreement?