Advocates urge regulation of banks’ climate commitments to avoid greenwashing
Corporate Knights
SEPTEMBER 16, 2022
Canada ’ s big banks, pension funds and insurance companies are members of the Glasgow Financial Alliance for Net Zero (GFANZ), under which they have committed to bring their investment and lending practices in line with a net-zero economy by 2050. Senator Rosa Galvez is also critical of the regulator ’ s approach.
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