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.
Greenpeace volunteers have been having some fun with big bank ad campaigns in Toronto this spring.
The student society at the University of British Columbia has ended a partnership with RBC due to its lead role in funding the climate crisis.
This week, in solidarity with Indigenous land defenders, climate organizers and communities brought a clear message straight to Royal Bank of Canada executives at RBC’s most prominent sponsored event the RBC Canadian Open: end fossil fuel finance and invest in a climate-safe future.
Today, Indigenous land defenders, climate organizers, and communities brought a clear message straight to Royal Bank of Canada executives at the annual Canadian PGA Open: end fossil fuel finance and invest in a climate-safe future.
When most people first learn that their financial institutions are contributing in major ways to making the climate crisis worse, one of the first questions they typically ask is, so where should I bank then?
More and more attention has been paid recently towards the massive impact of banks and other big investors on climate change due to their continuing funding of fossil fuel expansion.
RBC’s annual shareholder did not go as the giant company had planned. Despite attempting to shut naysayers out by cancelling the in-person meeting down – after 5 PM the night before the meeting – Indigenous leaders and other climate oriented activists and shareholders were still heard.
Traditional territories of the Ho-de-no-sau-nee-ga (Haudenosaunee), Anishinabewaki ᐊᓂᔑᓈᐯᐗᑭ, Mississaugas of the Credit First Nation, Mississauga, and Wendake-Nionwentsïo First Nations (so-called Toronto, Ontario, Canada)
In the face of growing opposition to the Royal Bank of Canada (RBC)’s financing of fossil fuel projects including the Coastal GasLink fracked gas pipeline, Canada’s largest bank canceled the in-person portion of their annual shareholder meeting less than 24 hrs before it was scheduled.