
December 9, 2022
Two Bad Fossil Banks as One – RBC tries to buy HSBC
RBC recently announced they intend to acquire the Canadian banking arm of HSBC Bank for $13B.
Making RBC the fifth biggest fossil bank on Earth
Projects that violate Indigenous rights
Lending $34.5B to the world's dirtiest energy project since 2016
RBC recently announced they intend to acquire the Canadian banking arm of HSBC Bank for $13B.
There has been a lot of activism on campuses across Canada this past year, as more and more students and even faculty realize that friendly-sounding RBC is actively investing on a future they don’t want to live in.
A new report out this week by climate concerned investor group slammed Canada’s banks for their failure to have credible plans to get to net zero emissions.