A decade after Carney’s warning, finance still chooses short-term profit over …

There’s a version of a conversation we have with Canadian banks …

In 2023, BMO’s asset management arm talked about a victory it …

Anti-greenwashing is already part of securities law

Last week at the Investor Summit on Responsible Investing in Vancouver, Barb Zvan, the President and CEO of the University Pension Plan, said she hopes news about Canada’s sustainable finance taxonomy will be out by the end of the month. A taxonomy has the potential to clarify what activities qualify as green or transition investments,…

Nobody should doubt just how much influence Canada’s big banks have over national politics. The Globe and Mail has reported on the direct access that bank CEO’s have with the Prime Minister and Minister of Finance with whom they share their views on everything from covid restrictions to the use of the Emergencies Act. In…

2022 was Investors for Paris Compliance’s first full calendar year, and a full one it was. In general, we’re helping to fill a large and growing gap in the investor ecosystem as more Canadian companies make net zero pledges, yet with few people holding those companies accountable for following through. Here are some highlights and…

RBC finally came out with its initial 2030 targets today. There will be a lot of justified commentary on the weakness of its intensity-based targets, but RBC also released something else - a new framework for sustainable finance. We’ll take some minor credit for this release, although not for its content. You may remember that…

Insurance companies are on the front lines of the climate crisis. This is most evident with property insurers who end up picking up the tab following extreme weather events - hurricanes, fires, floods, etc - and is behind the reason that these companies are lobbying for better adaptation policies in Canada. But it’s also true…