Canadian pension funds aren’t just large investors in fossil fuels. In many cases, pension directors, trustees and staff sit on the boards of fossil fuel companies—a flagrant conflict as oil and gas insiders overseeing the retirement savings of millions...
The Royal Bank of Canada (RBC) abruptly cancelled the in-person portion of its AGM as Wet'suwet'en chiefs were set to confront the bank about financing the @CoastalGasLink fracked gas pipeline. That was not a coincidence? Carole Holmes of GASP...
"The world is spending over $1.8 trillion a year, equivalent to 2% of global GDP, on subsidies that are driving the destruction of ecosystems and species extinction," finds a recent study commissioned by Business for Nature and The B...
"Canadian banks, insurance companies and asset managers have pumped millions into Russian-owned oil and gas companies that have flowed into the petrostate’s war chest," wrote the National Observer in a recent article. Dependence on Fossil Fuels is Dangerous The world's addiction...
The 2018 IPCC Report stated emphatically that coal-fired power production worldwide must be reduced by 78% by 2030 to keep the world on a 1.5°C pathway. The more recent IEA NetZero by 2050 report confirms that no new coal...
"The political will for painful choices is evaporating fast...turns out the world was right to be skeptical,” Bloomberg writes about expectations coming out of the Glasgow COP26 climate summit. (The following post by Mitchell Beer was previously published in The...
We Canadians have the dubious honour of being a world leader in financing fossil fuels and  the worst offender of all G20 nations. Just prior to the COP26 summit, a new report – Past Last Call: G20 public finance...
A new report finds that American banks and investors are not just fueling the climate crisis but they're also setting up the next economic crash. "If we are going to avert the worst ecological impacts of climate change and avoid...
The movement to pressure Canadian banks to stop funding climate chaos and abusing Indigenous rights came to life in 2021. And it's heating up as we head into 2022. Climate activists will be relentless in their pursuit to drive...
On October 29th, 2021, Land defenders and grassroots activists took action at more than 30 RBC bank branches across Canada to stop RBC from financing the climate crisis and assaulting Indigenous rights. Globally, young people, land defenders, and allied...