Yes. As one of my colleagues said, if we create a committee to strike a committee that ultimately adopts something, that could take time, and the framework might not see the light of day or might not be used. That's the problem. We can't create a dictionary that winds up on a shelf, but want a dictionary that will be used by people, investors and financial institutions. A taxonomy that isn't used is utterly useless.
One way to make it useful is to include it in the accountabilities and targets. Many Crown corporations have responsible investment objectives and are required to invest a certain portion of their capital in certain activities. Let's include that in their accountabilities and investment mandate.
There will be accountabilities for federally regulated corporations. Consequently, let's ensure they also disclose the percentage of their assets that meets the taxonomy's criteria. That'll give the taxonomy more teeth.