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BMO declares climate ambition

BMO declares climate ambition Share this article Share this article TORONTO, March 10, 2021 /PRNewswire/ -  There is a pressing need for action to address climate change by reducing greenhouse gas emissions to achieve 2050 targets. Helping our customers to adapt and thrive through this transition requires a thoughtful, balanced and accelerated approach; informed by science, common sense and bold but practical solutions. Media backgrounder - BMO Climate Announcement (CNW Group/BMO Financial Group) Our clients are ready to act but many, especially smaller and medium-size companies, need advice and expertise to inform their response. Within this challenge is an opportunity for BMO to make a difference, to help our customers, and to drive long-term value and growth. Our ambition is clear: 

Climate conflict : 4 in 5 UK bank directors have connections to high-emitting corporates

Climate conflict : 4 in 5 UK bank directors have connections to high-emitting corporates An analysis of the activities of directors at the UK s biggest banks has revealed that almost 80% have close ties to corporates in industries linked to climate change and pollution - which could undermine their net-zero commitments. Almost one-quarter of the directors analysed have a close link to the fossil fuel sector Conducted by investigative environmentalist platform DeSmog, the analysis covered 64 incumbent directors at the UK’s biggest banks, including Barclays, HSBC, Lloyds, Standard Chartered and Natwest. It concluded that almost one-quarter of the directors have a current or past connection to the fossil fuel industry. Links include being a current director or advisor, or a former senior-level employee, or holding significant amounts of shares.

Bâtirente applauding CIBC for emissions-reduction efforts tied to investments

Bâtirente applauding CIBC for emissions-reduction efforts tied to investments
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Big Banks Make a Dangerous Bet on the World s Growing Demand for Food

Today’s ClimateWeekdays Our no-nonsense daily digest of the day’s must-read headlines from around the web, curated by our expert staff. Breaking News Daily Don’t miss a beat. Get a daily email of our original, groundbreaking stories written by our national network of award-winning reporters. ICN Weekly Saturdays Our #1 newsletter delivers the week’s climate and energy news – our original stories and top headlines from around the web. Inside Clean Energy Thursdays Email Address By pouring money into emissions-intensive agriculture, banks and investors are making a dangerous bet on the world’s growing demand for food, especially foods that are the greatest source of emissions in the food system: meat and dairy. 

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