As global markets accelerate toward a net zero economy, investors and corporate board members must assess whether financial institutions are effectively managing climate-related risks and opportunities. This January 2025 progress report provides the first comprehensive analysis of how Canada’s largest bank-owned asset managers are aligning—or failing to align—with net zero commitments. While their parent banks have made public climate pledges, this report uncovers critical gaps in asset managers’ financed emissions disclosures, transition strategies, and climate-aligned investment offerings.
For institutional investors, asset owners, and corporate leaders, understanding these trends is essential for risk mitigation, fiduciary responsibility, and capital allocation decisions. The report benchmarks Canadian asset managers against international peers, evaluates their climate strategies against industry best practices, and provides key insights to drive more effective engagement with financial institutions. Download the full report to assess where Canada’s bank-owned asset managers stand—and what must change to meet the demands of a low-carbon economy.
