Tag: RBC
Our Banks Are Not Our Friends. They Are Climate Villains
In 2015 countries committed to holding global warming well below 2°C with an aspirational goal of 1.5°C. Yet, in the seven years since the...
Letter to the CEO of the Oil Bank of Canada
In his message in the RBC Climate Blueprint, CEO David McKay says that "Global plans to drastically reduce greenhouse gas emissions to net-zero by...
RBC Was the #1 Financier of Fossil Fuels and Climate Chaos in 2022
Even after clear messages from the IEA and IPCC that we can't afford any new fossil fuels, banks continue to finance fossil fuel expansion...
New Climate Rules for Canada’s Big Banks
In late December of last year, Canada released a new policy aimed at ending international public financing for fossil fuels, (starting January 1, 2023)...
Delay is Death: Big Banks Accelerating the Climate Crisis
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...
Canadian Banks Funding Climate Chaos
Fossil fuel financing from the world’s 60 largest banks has reached USD $4.6 trillion in the six years since the adoption of the Paris...
Nuclear Power Is Not A Responsible Investment
Seventy-eight Public Interest Groups are calling on Canada’s biggest banks to drop investments in nuclear power, including so-called Small Modular Reactors (SMRs) from their...
Unless We End Financing of Coal, It Will End Us
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...
Telling Canadian Fossil Banks To Stop Funding Climate Chaos and Injustice
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...
What RBC Branch Managers Need To Know
On October 29th, 2021, Land defenders and grassroots activists took action at more than 30 RBC bank branches across Canada to stop RBC from...