Taking the lead in sustainable finance

With Canada committing to net-zero greenhouse gas (GHG) emissions by 2050, environmental, social, and governance (ESG) requirements are gaining attention in organizations that are also committed to a more sustainable future. Inevitably, they need to prepare their current and future workforce to support what has been coined sustainable finance.

Recognizing that there is a growing gap between the current availability of sustainable finance skills and what will be required to support growth in the field, Toronto Finance International (TFI) and Deloitte conducted research to examine the skills gap for the main stakeholders of Canada’s financial services industry (FSI). The research was funded by the United Nations-convened Financial Centres for Sustainability (FC4S) Network, of which TFI is a member and co-chair.

Our findings led us to 12 key insights, from which we distilled almost as many recommendations that stakeholders in both the financial and broader ecosystem need to take into account to ensure Canada has the resources to manage sustainable finance and other ESG initiatives. To learn more, read Taking the lead in sustainable finance.