Canadian regulators urged to investigate GHG emissions disclosures of big banks
Canadian financial markets regulators have been urged to investigate whether five of the country's largest banks are disclosing adequate climate-related information.
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.
TD Bank makes net zero by 2050 pledge
Toronto Dominion (TD) Bank has become the latest bank to commit to achieve net-zero greenhouse gas (GHG) emissions associated with its operations and financing activities by 2050 - but the announcement was criticised for failing to set an interim target.
Investors pay up for $1bn KfW green bond
A $1 billion green bond by German government-owned development bank KfW has priced at two basis points inside its normal yield curve following "exceptionally high demand".