RBC's climate framework 'highly tentative', says IEEFA
Absolute versus intensity targets. Part two
Investors often leave companies to decide which type of target is most appropriate for their business. Genevieve Redgrave reports
Absolute versus intensity targets
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
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
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
RBC: Carbon markets can drive nature investment
Carbon markets can play a "big role" in driving capital towards nature-positive projects, an executive at Royal Bank of Canada (RBC) has said.
North American banks form climate risk group
A group of 19 US and Canadian banks has formally agreed to collaborate on approaches to managing climate risk, as regulators across the continent ready new rules.
Canada's six largest banks join Net-Zero Banking Alliance
Six of Canada's largest banks have joined the global Net-Zero Banking Alliance...