Climate Engagement Canada (CEC), an investor-led collaborative engagement initiative, has enlisted the services of Manifest Climate and Quinn+Partners to evaluate Canada’s largest corporate greenhouse gas (GHG) emitters using its newly launched Net Zero Benchmark. The assessment aims to provide a standardised framework for investors to gauge the progress of corporate issuers in aligning with the goals of the Paris Agreement. The CEC Net Zero Benchmark is closely aligned with the benchmark established by Climate Action 100+ and expands the evaluation to include the highest-emitting Canadian companies listed on the Toronto Stock Exchange. By conducting this assessment, CEC participant investors will gain valuable insights to guide their engagements with Canada’s top emitters and drive substantial advancements in climate change mitigation. Kevin Thomas, CEO of the Shareholder Association for Research and Education (SHARE), a member of the CEC’s joint secretariat, said: “The benchmarking will provide CEC participants with actionable information this Fall, facilitating more effective investor engagement with key Canadian corporate emitters as they work to align with the goals of the Paris Agreement.” The CEC Net Zero Benchmark, in conjunction with the recently developed Taxonomy Roadmap Report by the Sustainable Finance Action Council, aims to offer Canadian investors a standardised approach to evaluating companies’ climate performance and defining future climate engagement objectives.