The Institutional Investors Group on Climate Change (IIGCC) just released an analysis of the progress of major banks on net zero, including Canada’s “big 5.” This is significant because IIGCC members collectively have C$66 trillion in assets under management and advice, including actors such as Blackrock, Vanguard, State Street, CalPERS, the CDPQ and many more.…

By Kyra Bell-Pasht & Matt Price We recently hosted a webinar to share our initial analysis of Canadian major banks’ net-zero plans which were released earlier this year. Our analysis focused on three areas: What each bank includes when measuring its financed emissions; Adequacy of their 2030 energy/oil and gas targets; and The emerging strategy…