Okay. Thank you.
There was an article in the Financial Post on Justin Trudeau's top economic adviser, Mark Carney, who was forced to retract his false claims about his company's environmental record. The headline says, “Mark Carney walks back claim Brookfield has reached net-zero after criticism”. The article goes on to say, “Backlash from climate experts hinged on Carney's use of 'avoided emissions,' in which a company takes credit for refraining from high-polluting actions”.
Can you tell us what happens to ESG investing when companies greenwash their environmental records?