It will be business as usual for the London bank’s Canadian subsidiary, as it’s being sold to RBC
Critics call for climate regulation, not just voluntary initiatives, after GFANZ drops UN Race to Zero targets
Climate finance campaigners were quick to jump on RBC after the bank set intensity-based targets of just 35% by 2030 for the
The federal regulator is investigating the bank's climate claims for "greenwash" as it continued to finance fossil fuel development
Two pension funds leave GFANZ; JPMorgan Chase, Morgan Stanley and Canadian banks consider exit
Regulators are proposing guidelines that would simply require financial institutions to disclose the risks that climate change poses
Financial sector is sidestepping two core principles of the just transition: early shift away from fossil fuels and engaging affected people
Rosa Galvez new private member’s bill goes beyond calling for disclosure and demands systemic change from the financial sector
Given the banks’ deep reach across the Canadian economy, new net-zero commitment could drive a fundamental transition