March 7, 2024
UBCIC secures Indigenous rights win
Our long term partner the Union of BC Indian Chiefs (UBCIC) announced today a win on pushing Canada’s biggest bank forward on Indigenous rights.
Updates
March 6, 2024
Statement on RBC climate report
In response to today’s release of a Climate Report by RBC that finally addressed some of its own corporate impacts on our climate, partners in the network released the following response.
March 6, 2024
Global Report: Canada’s Banks Lag on Climate
A new report out today from UK based think tank Influence Map highlighted how far behind Canada’s big banks are when it comes to climate, even when compared to their larger US counterparts.
January 10, 2024
Securities complaint filed on bank greenwashing
Today the shareholder advocacy group Investors for Paris Compliance lodged a securities complaint with the Ontario Securities Commission and the Autorité des marchés financiers of Québec alleging misleading disclosure by Canada’s big five banks regarding their sustainable finance activity.
November 23, 2023
Stop RBC Takeover of HSBC campaign launched in Ottawa
This is a deal that’s bad for everyone but the bankers. That’s the strong message sent from representatives of a growing collection of civil society organizations who are raising significant concerns over the proposed acquisition of HSBC Canada by RBC.
November 3, 2023
House Finance Committee Opposes RBC Takeover of HSBC
As reported in the Globe and Mail, the finance committee in the House of Commons voted yesterday to call on the government to block the takeover of HSBC Canada by RBC.
November 2, 2023
House of Commons opens study on fossil banks
Today the Environment Committee in Canada’s House of Commons jointly approved a study on the impacts of Canadian financial institutions on climate and the environment.
July 6, 2023
Minister of Finance must include climate-related conditions to the proposed acquisition of HSBC by RBC
We are writing in regards to the Department of Finance’s consultation regarding the proposed acquisition of HSBC Bank of Canada (HSBC) by RBC Royal Bank (RBC).
July 4, 2023
Bank merger will cost us all
Walking out of my home in Toronto to the smell of wildfires in the air in recent days has been jarring.
June 28, 2023
RBC policy on coal “one of the worst of the global banks”
If RBC were taking its climate commitments seriously, you would at least think they would have a strong policy on coal – the world’s dirtiest, deadliest, and dumbest fossil fuel.