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TORONTO — Corporate commitments to become net-zero by 2050 became so trendy this year, Canada’s big banks made them twice. First came a string of promises one by one, starting with TD Bank late in 2020 followed by the other banks throughout 2021.
TORONTO - Corporate commitments to become net-zero by 2050 became so trendy this year, Canada’s big banks made them twice.
While the finance industry is increasingly talking about the importance of climate action, Canada's big banks are still major funders of the fossil fuel industry, which produces relatively cheap energy at an environmental cost that's becoming increasingly clear.
TORONTO — Corporate commitments to become net-zero by 2050 became so trendy this year, Canada’s big banks made them twice. First came a string of promises one by one, starting with TD Bank late in 2020 followed by the other banks throughout 2021.
The winners will be recognized Wednesday at a virtual reception