Archive

  • Canadian regulator demands financial institutions report in line with ISSB this year

    21 March 2024

    Canada's largest banks and insurers must disclose how they are implementing a climate transition plan and conducting climate scenario analysis, under rules that have been updated to align with International Sustainability Board (ISSB) standards.

  • Canada's banks are 'obstructing' net zero goals and progresses, InfluenceMap finds

    06 March 2024
  • Canada's central bank warns of negative impact of flooding on bank's balance sheet

    22 December 2023
  • RBC's climate framework 'highly tentative', says IEEFA

    30 August 2023
  • Absolute versus intensity targets. Part two

    15 June 2023

    Investors often leave companies to decide which type of target is most appropriate for their business. Genevieve Redgrave reports

  • Absolute versus intensity targets

    14 June 2023

    Investors are increasingly calling for companies to adopt absolute emissions reductions targets, but intensity targets continue to dominate, at least for now. Genevieve Redgrave reports

  • IIGCC to step up pressure on banks to demonstrate action on net zero

    06 June 2023

    A group representing investors with €65 trillion ($70 trillion) in assets under management has published a set of expectations for banks, as they push for more details on how banks will act on pledges to achieve net zero emissions.

  • Royal Bank of Canada ranked world's biggest fossil fuel financier

    13 April 2023

    The Royal Bank of Canada (RBC) has been ranked the world's biggest financier of fossil fuels, as banks across the US, Canada and Japan continue to dominate financing for oil and gas expansion.

  • US pension funds call on banks to disclose emissions targets

    27 January 2023
  • RBC: Carbon markets can drive nature investment

    11 January 2023

    Carbon markets can play a "big role" in driving capital towards nature-positive projects, an executive at Royal Bank of Canada (RBC) has said.