Corporate Knights

DECEMBER 9, 2022

At the same time, the five largest Canadian banks have provided $700 billion to the fossil fuel sector since 2015 and doubled their year-over-year financing in 2021. The inability to prepare adequately for the energy transition will come with significant economic costs.

Stranded Assets 293

Stranded Assets Net Zero Supply Chains Supply Chain 293

Corporate Knights

JUNE 19, 2024

When those 16 nations went to the bank for financing, they were told there was no point in trying. Twelve years ago, First Nations tried to buy an equity stake in the Pacific Trail Pipeline (pictured in 2015) but couldn’t secure bank financing – prompting calls for federal loan guarantees.

Stranded Assets 176

Stranded Assets Net Zero Development Banking 176

Chris Hall

JANUARY 30, 2024

This could stem from campaigns which lobby for divestment from polluting companies or projects. “In our view, the risk to investors from ESG or climate litigation remains primarily indirect,” Mark Banks, Dispute Resolution Senior Associate at Baker McKenzie told ESG Investor.

Greenwashing 80

Greenwashing Stranded Assets Net Zero Banking 80

Corporate Knights

JULY 25, 2023

With the World Bank, the World Trade Organization, and environmental groups all in agreement, he added, “getting rid of inefficient fossil fuel subsidies is now a common sense bottom line.” “The simple reality is that it’s no longer free to pollute in Canada,” Guilbeault told media Monday morning. “We billion in 2020/21 and another $1.5

Paris Agreement 246

Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

3BL Media

SEPTEMBER 29, 2023

For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supply chains and lending/investment portfolios are often more complex than for other industries. For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8 trillion USD in fossil fuels.

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113

Chris Hall

JANUARY 30, 2024

This could stem from campaigns which lobby for divestment from polluting companies or projects. “In our view, the risk to investors from ESG or climate litigation remains primarily indirect,” Mark Banks, Dispute Resolution Senior Associate at Baker McKenzie told ESG Investor.

Greenwashing 59

Greenwashing Stranded Assets Net Zero Banking 59

Sustainable Development Network

AUGUST 30, 2019

The Inter-American Development Bank (IDB) is supporting countries in the region to achieve these ambitious goals, along with some foreign governments like Germany. Similarly, several industries in the Brazil’s private sector are advancing low carbon strategies and exploring new business models for the future.

Paris Agreement 52

Paris Agreement Stranded Assets Decarbonize Climate Change 52