August 18, 2022
New report on banks “Redwashing” Indigenous practices
A new report out this week from the Yellowhead Institute dives into the Indigenous practices and policies at Canada’s big 5 banks, including RBC.
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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July 29, 2022
Banks far from hitting Paris climate targets, global investor group warns
A new report out today from the Transition Pathways Initiative shows how far global banks are from meeting their climate commitments.
July 14, 2022
One big reason why Canada’s banks are so in love with fossil fuels
Many global observers scratch their heads at why Canada’s big banks continue to double or triple down on an industry most are distancing themselves from, for climate if not for purely economic reasons.
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