Transition risk, rather than physical risk, will be the focus
Trading activity fell in 2022, but the cost of emissions kept rising, Refinitiv reports
Canada's big banks said they're still focused on net-zero commitments
Sustainable Finance Task Force ready to rule on ISSB disclosure standards, carbon markets
TD released total financed emissions, all six lag in setting oil and gas financed-emissions targets: Investors for Paris Compliance
Published targets are progress, but action remains elusive, uncertain
The target is a step toward net-zero emissions by 2050
Large increase in sustainable investment needed for developed markets to meet climate goals
The banks are now grappling publicly with their financed emissions — those attributable to the companies they lend to or invest in
Canada's big banks are still major funders of the fossil fuel industry. It remains to be seen how quickly they are prepared to move toward net zero