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Canadian Bank CEOs Address Climate Commitment Amid Fossil Fuel Financing Concerns

Oil & Gas | Decarbonizing Oil & Gas Sector | Government Policies

CEOs of Canada's top banks pledged commitment to climate action while acknowledging the challenge of reducing fossil fuel funding. Despite setting net-zero targets for 2050, MPs criticized the banks' vague commitments and lack of transparency. Environmental activists highlighted the need for actionable plans to achieve meaningful climate progress.

Decarb Avenues

  • Corporate Carbon Management
  • Decarbonizing Oil & Gas Sector

Drivers

  • Government Policies

Stakeholders

  • Corporate Leaders
  • Government Officials