Archive

BMO adds 'transition bonds', nuclear to sustainable bond framework

Canadian lender Bank of Montreal (BMO) has added nuclear power projects and transition bonds to its sustainable finance framework, in the first update since its publication in 2019.

Canadian regulator demands financial institutions report in line with ISSB this year

Canada's largest banks and insurers must disclose how they are implementing a climate transition plan and conducting climate scenario analysis, under rules that have been updated to align with International Sustainability Board (ISSB) standards.

Canada's banks are 'obstructing' net zero goals and progresses, InfluenceMap finds

IIGCC to step up pressure on banks to demonstrate action on net zero

A group representing investors with €65 trillion ($70 trillion) in assets under management has published a set of expectations for banks, as they push for more details on how banks will act on pledges to achieve net zero emissions.

Canada's six largest banks join Net-Zero Banking Alliance

Six of Canada's largest banks have joined the global Net-Zero Banking Alliance...

Investor group urges banks to set enhanced net zero targets

News round-up: US climate targets, US Solar Fund, Columbia Threadneedle, FTSE Russell, and more

Ameriprise Financial to acquire BMO's EMEA asset management business

Winners revealed in Environmental Finance's Bond Awards 2021

Equator Principles criticised for continued prioritisation of developed nations

The fourth version of the Equator Principles has come into effect, yet is already facing criticism from NGOs for an 'arbitrary' distinction between developed nations financing approaches and those in emerging markets.