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.
We can’t stop climate chaos if banks like RBC keep funding fossil fuels
Canada’s biggest bank, RBC, talks about “purpose” and says climate change is a critical issue. But its funding practices tell a different story:
$262 Billion in fossil fuel funding since Paris
Making RBC the fifth biggest fossil bank on Earth
Financing Coastal GasLink + Line 3
Projects that violate Indigenous rights
51% increase in tar sands financing in 2021
Lending $34.5B to the world's dirtiest energy project since 2016
It’s code red for humanity, but while our planet literally burns, banks like RBC are pouring more fuel on the fire.
Join the growing global movement to stop the funders of climate change.
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December 6, 2022
Universities continue revolt against RBC destroying their future
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.
November 25, 2022
While no Canadian banks will get to NetZero, RBC is the worst
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.
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