Canada's big banks rack up huge profits each year at the expense of our climate. They are compromising the future of young Canadians by financing fossil fuel expansion. Since the 2015 Paris Agreement, the Big Five—RBC, TD, BMO, CIBC,...
"Between January 2015 and September 2019, banks provided loans and underwriting of more than USD 1.7 trillion to key actors in the global plastics supply chain," notes Portfolio Earth in its recent Bankrolling Plastics report. "Banks must no longer...
(This post was first published October 11, 2019. It is now updated and republished September 9, 2020.) After decades of ongoing climate talks, in December of 2015, some 195 countries approved the Paris Agreement, the first ever global climate accord...
On the same day a new report showing that Canada's banks are among the 'Dirty Thirty' lenders to the global coal industry, RBC—Canada's largest bank—announced it's adding $500 billion to its sustainable financing funds while also committing to net-zero...
Fossil Banks No Thanks is the slogan—rallying cry—for a national action day targeting Canada's five Big Banks for their role in financing the climate crisis. The event, scheduled on Friday, January 29, will expose RBC as the worst Canadian...
Did you know that there are roughly 7.5 million grandparents living in Canada? And many, like Lorraine Green (and myself), have become climate activists, deeply concerned about the legacy we will leave our grandchildren. We know that we're in...
The just-released 2020 report on global fossil fuel financing by banks, Banking on Climate Change 2020, shows how the big banks are promoting the expansion of fossil fuels with more than US$2.7 trillion in direct investments since the 2015...
Canadian banks are playing a growing and globally significant role in fueling climate destruction and are more exposed to climate risk than they are telling their shareholders according to data in a new Greenpeace report. The report finds that prior...
Did you know that the money you've set aside for tomorrow and for the future of your children and grandchildren is being used to finance the climate crisis that is already destroying their very future? Did you know that one...
A new campaign has been launched to "stop the money pipeline". The campaign targets Wall Street which it claims is financing climate destruction and killing people. It focuses on the big banks, insurance companies and asset managers which are...