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The Globe and Mail Jameson Berkow Published February 11, 2021 Richard Vogel/The Associated Press Plans to combat climate change are quickly evolving from nice-to-have to necessary for survival in the corporate world. Pledges to go carbon-neutral, once billed as bold acts of environmental leadership, are now key to maintaining a competitive edge across many sectors. “We have entered a phase where staying with the status quo is now the larger gamble,” says Matthew Hoffman, a political-science professor at the University of Toronto and co-director of its Environmental Governance Lab. Story continues below advertisement “The entire business environment is now climate-constrained. There are enough trend lines in terms of market signals, policy signals and social signals that we should be seeing more announcements” around net-zero emission.

United statesBritish columbiaChris batailleIsabelle turcotteRichard vogelLena pripp kovacMary barraMatthew hoffmanPriyanka lloydEnvironmental governance labAssociated pressSimon fraser universityFord motor corpInstitute for sustainable developmentUniversity of torontoFast company