June 18, 2019
As long-term investors and stewards of our clients' capital, we believe it's important that we understand how companies are exposed to the impacts of climate change and how they are seeking to manage that exposure. Our focus is on improving the usefulness and comparability of corporate disclosure. To that end, we welcome the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) as a common framework for companies and investors to communicate about climate-related risks and opportunities. Increased transparency and more comparable data will enable investors to make better informed decisions, and ultimately contribute to the efficiency and resiliency of capital markets.
We are therefore very pleased to introduce Jarislowsky Fraser's first TCFD-aligned report, to provide a deeper understanding of how we are monitoring and managing climate risk.
As responsible stewards of client assets, Jarislowsky Fraser has always endeavored to act in the best interest of all shareholders. Advancing good governance, including the oversight of material environmental and social issues, is intrinsic to our investment philosophy and overarching purpose: to provide our clients with excellent risk-adjusted performance over time.