Archive

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

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

Canada's six largest banks join Net-Zero Banking Alliance

Six of Canada's largest banks have joined the global Net-Zero Banking Alliance...

CIBC, NatWest, Itaú and NAB to launch voluntary carbon market

Green bonds round-up, 12 September 2018

Agence Francaise de Developpement (AFD) has returned to the green bond market with a €500 million ($578 million) issue to finance a mix of projects that help mitigate or adapt to climate change.

Banks making progress on combating climate change

Banks have made considerable progress in addressing climate risks and opportunities in their business practices to align with a 2°C global warming target, but it is still not enough, according to a new report.

S&P expands low-carbon indexes with three Canadian additions

S&P Dow Jones Indices has partnered with the Toronto Stock Exchange to launch three climate change indexes for Canada.

Apex Clean Energy announces $397m loan and sale of major wind project

US renewable energy firm Apex Clean Energy has secured a $397 million loan to finance the construction of its 299MW Kay Wind project in Oklahoma. Simultaneously, Apex announced that it had agreed to sell the facility, on completion, to Southern Power for an undisclosed sum.