During the summer of 2020, in the midst of COVID quarantines, economic shutdowns, and social and political unrest, one story jumped out to catch my attention. At the end of August Brookfield Asset Management announced that Mark Carney was joining their management team as a vice-chairman responsible for their environmental, social and governance (ESG) investment strategy.
Carney has been an advocate for active financial investment on environmental issues for a long time. This appears to be the perfect opportunity for him to continue that work.
In addition to his role at Brookfield, Carney is also the UN special envoy for climate change and finance.