{"id":1290,"date":"2018-04-09T19:58:00","date_gmt":"2018-04-09T19:58:00","guid":{"rendered":"https:\/\/www.greenpeace.org\/canada\/?p=1290"},"modified":"2021-12-06T06:34:50","modified_gmt":"2021-12-06T11:34:50","slug":"investor-beware-kinder-morgan-canadas-climate-risk","status":"publish","type":"post","link":"https:\/\/www.greenpeace.org\/canada\/en\/publication\/1290\/investor-beware-kinder-morgan-canadas-climate-risk\/","title":{"rendered":"Investor beware: Kinder Morgan Canada\u2019s climate risk"},"content":{"rendered":"<p>Kinder Morgan Canada Limited (KML) has disclosed that it is exposed to physical and transition risks related to climate change that could block the construction of the Trans Mountain Expansion pipeline, and which threaten the longer-term viability of its business model. In the opinion of Greenpeace Canada, however, not all relevant risks are disclosed.<br \/>\n<a href=\"https:\/\/www.greenpeace.org\/static\/planet4-canada-stateless\/2018\/06\/Review-of-Kinder-Morgan-climate-risk-disclosure.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-1524\" src=\"https:\/\/www.greenpeace.org\/static\/planet4-canada-stateless\/2018\/04\/Review-of-Kinder-Morgan-climate-risk-disclosure-232x300.jpg\" alt=\"\" width=\"232\" height=\"300\" srcset=\"https:\/\/www.greenpeace.org\/static\/planet4-canada-stateless\/2018\/04\/Review-of-Kinder-Morgan-climate-risk-disclosure-232x300.jpg 232w, https:\/\/www.greenpeace.org\/static\/planet4-canada-stateless\/2018\/04\/Review-of-Kinder-Morgan-climate-risk-disclosure-768x994.jpg 768w, https:\/\/www.greenpeace.org\/static\/planet4-canada-stateless\/2018\/04\/Review-of-Kinder-Morgan-climate-risk-disclosure-791x1024.jpg 791w, https:\/\/www.greenpeace.org\/static\/planet4-canada-stateless\/2018\/04\/Review-of-Kinder-Morgan-climate-risk-disclosure-1056x1366.jpg 1056w, https:\/\/www.greenpeace.org\/static\/planet4-canada-stateless\/2018\/04\/Review-of-Kinder-Morgan-climate-risk-disclosure-263x340.jpg 263w, https:\/\/www.greenpeace.org\/static\/planet4-canada-stateless\/2018\/04\/Review-of-Kinder-Morgan-climate-risk-disclosure.jpg 1275w\" sizes=\"auto, (max-width: 232px) 100vw, 232px\" \/><\/a><br \/>\nGreenpeace Canada submits that in order to provide shareholders and potential investors with a full and accurate appreciation of the risks facing the company and its Trans Mountain Expansion Pipeline project, KML should fully disclose climate-related legal risk; and prepare a below-2 degree Celsius scenario assessment in order to provide a more comprehensive assessment of how the individual risks addressed in the annual report interact and how KML might adapt its business strategy and capital investment plans to be consistent with a low-carbon future.<\/p>\n<p><a href=\"https:\/\/www.greenpeace.org\/static\/planet4-canada-stateless\/2018\/06\/Review-of-Kinder-Morgan-climate-risk-disclosure.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Download the report [PDF]<\/a><\/p>\n\t\t\t<section\n\t\t\tclass=\"boxout post-1056 \"\n\t\t\t\n\t\t>\n\t\t\t<a\n\t\t\t\tdata-ga-category=\"Take Action Boxout\"\n\t\t\t\tdata-ga-action=\"Image\"\n\t\t\t\tdata-ga-label=\"n\/a\"\n\t\t\t\tclass=\"cover-card-overlay\"\n\t\t\t\thref=\"https:\/\/www.greenpeace.org\/canada\/en\/act\/donate\/\" \n\t\t\t><\/a>\n\t\t\t\t\t\t\t<img\n\t\t\t\t\t\tsrc=\"https:\/\/www.greenpeace.org\/static\/planet4-canada-stateless\/2018\/06\/GP04IOF-1024x683.jpg\"\n\t\t\t\t\t\tsrcset=\"https:\/\/www.greenpeace.org\/static\/planet4-canada-stateless\/2018\/06\/GP04IOF-300x200.jpg 300w, https:\/\/www.greenpeace.org\/static\/planet4-canada-stateless\/2018\/06\/GP04IOF-768x512.jpg 768w, https:\/\/www.greenpeace.org\/static\/planet4-canada-stateless\/2018\/06\/GP04IOF-1024x683.jpg 1024w, https:\/\/www.greenpeace.org\/static\/planet4-canada-stateless\/2018\/06\/GP04IOF-510x340.jpg 510w, https:\/\/www.greenpeace.org\/static\/planet4-canada-stateless\/2018\/06\/GP04IOF.jpg 1200w\"\n\t\t\t\t\t\tsizes=\"(min-width: 1000px) 358px, (min-width: 780px) 313px, 88px\"\n\t\t\t\t\t\talt=\"Rainbow Warrior Open Boat in Melbourne\" title=\"Rainbow Warrior Open Boat in Melbourne\"\n\t\t\t\t\/>\n            \t\t\t<div class=\"boxout-content\">\n\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\tclass=\"boxout-heading medium\"\n\t\t\t\t\t\tdata-ga-category=\"Take Action Boxout\"\n\t\t\t\t\t\tdata-ga-action=\"Title\"\n\t\t\t\t\t\tdata-ga-label=\"n\/a\"\n\t\t\t\t\t\thref=\"https:\/\/www.greenpeace.org\/canada\/en\/act\/donate\/\"\n\t\t\t\t\t\t\n\t\t\t\t\t>\n\t\t\t\t\t\tDonate\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"boxout-excerpt\">Greenpeace is a people-powered, science-based, and action-oriented organization that does not take money from corporations or governments. This means we rely on individual donations from generous people like you to carry out our work.<\/p>\n\t\t\t\t                                    <a\n                        class=\"btn btn-primary\"\n                        data-ga-category=\"Take Action Boxout\"\n                        data-ga-action=\"Call to Action\"\n                        data-ga-label=\"n\/a\"\n                        href=\"https:\/\/www.greenpeace.org\/canada\/en\/act\/donate\/\"\n                        \n                    >\n                        Take action\n                    <\/a>\n                \t\t\t<\/div>\n\t\t\t\t\t<\/section>\n\t","protected":false},"excerpt":{"rendered":"<p>Kinder Morgan Canada Limited (KML) has disclosed that it is exposed to physical and transition risks related to climate change that could block the construction of the Trans Mountain Expansion pipeline, and which threaten the longer-term viability of its business model.<\/p>\n","protected":false},"author":9,"featured_media":1524,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"p4_og_title":"","p4_og_description":"","p4_og_image":"","p4_og_image_id":"","p4_seo_canonical_url":"","p4_campaign_name":"","p4_local_project":"","p4_basket_name":"","p4_department":"","footnotes":""},"categories":[4],"tags":[23,32],"p4-page-type":[15],"class_list":["post-1290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-climate","tag-climate","tag-oil","p4-page-type-publication"],"_links":{"self":[{"href":"https:\/\/www.greenpeace.org\/canada\/en\/wp-json\/wp\/v2\/posts\/1290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.greenpeace.org\/canada\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.greenpeace.org\/canada\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.greenpeace.org\/canada\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.greenpeace.org\/canada\/en\/wp-json\/wp\/v2\/comments?post=1290"}],"version-history":[{"count":12,"href":"https:\/\/www.greenpeace.org\/canada\/en\/wp-json\/wp\/v2\/posts\/1290\/revisions"}],"predecessor-version":[{"id":51466,"href":"https:\/\/www.greenpeace.org\/canada\/en\/wp-json\/wp\/v2\/posts\/1290\/revisions\/51466"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.greenpeace.org\/canada\/en\/wp-json\/wp\/v2\/media\/1524"}],"wp:attachment":[{"href":"https:\/\/www.greenpeace.org\/canada\/en\/wp-json\/wp\/v2\/media?parent=1290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.greenpeace.org\/canada\/en\/wp-json\/wp\/v2\/categories?post=1290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.greenpeace.org\/canada\/en\/wp-json\/wp\/v2\/tags?post=1290"},{"taxonomy":"p4-page-type","embeddable":true,"href":"https:\/\/www.greenpeace.org\/canada\/en\/wp-json\/wp\/v2\/p4-page-type?post=1290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}