When TD pledged to achieve net-zero emissions across their financing portfolio by 2050, we said it was a gamechanger (because the other banks would have to do the same) and a greenwash (because they had no commitments regarding short-term actions). When RBC made a similar pledge in February, we pointed out that net-zero lending in … Continue reading BMO copied the other banks’ vague climate plans and then winked at the oil industry.
What’s a scandal in the US and UK, but normal in Canada?
A recent investigative report from DESMOGUK revealed the shocking truth that "80 percent of board members at the UK’s five biggest banks have affiliations with environmentally damaging companies, either as current or previous advisors or employees." When the report came out, the journalists who did the research were interviewed on the BBC. When people began to wonder … Continue reading What’s a scandal in the US and UK, but normal in Canada?
Net-Zero Lending by 2050 is NOT zero emissions by 2050
When TD made their net-zero 2050 announcement last year, we said it was a gamechanger AND a greenwash. A gamechanger because one of the big Canadian banks was finally taking responsibility for the massive climate impacts of their loans and investments. A greenwash because the announcement included no commitments to bring down lending in the … Continue reading Net-Zero Lending by 2050 is NOT zero emissions by 2050
No-Cut Reno: A Dose of New During the Sameness of Quarantine
Like many people, our little family has been spending a lot of time at home lately. So much time that our furniture and walls and bric-a-brac seem to be blurring into nothingness. A few weeks ago, my wife decided to switch a desk in our workroom with a bookshelf in our front room so it … Continue reading No-Cut Reno: A Dose of New During the Sameness of Quarantine
Employees of CDN Banks – Let’s Chat.
Today was a #fossilbanksnothanks day of action. You may have gotten a call or an email. Perhaps someone posted an 'eviction notice' or a poster at your branch. Maybe you're thinking about how to react to some bad press or criticisms on social media. The first thing we want to say is: we aren't mad … Continue reading Employees of CDN Banks – Let’s Chat.
Climate Pledge Collective 