Tuesday, April 15, 2025
Global financial firms aligned with $130 trillion for net zero
More than 450 firms representing US$130 trillion in assets — 40 per cent of the world’s financial assets — now belong to the Glasgow Financial…
Environmental Finance
ESG advisor on climate change risk and opportunity
By Andrea Zanon The global climate change conference in Glasgow offers a critical opportunity to accelerate the adoption of robust climate standards to protect the…
Canadian delegation calling for strong climate action at COP26
Newly appointed Minister of Environment and Climate Change Stephen Guilbeault is accompanying Prime Minister Justin Trudeau and the Canadian delegation to United Nations Climate Change…
First study to assess economic prospects of climate change action
Canada’s economy faces a “sink-or-swim” decade, according to the first study to assess Canada’s economic prospects in the face of accelerating global market shifts responding…
RBC releases report on the $2 trillion transition to net zero
The Royal Bank of Canada (RBC) Economics and Thought Leadership team set out on a year-long research project to map out some of the necessary…
CDPQ launches new net-zero climate strategy
Caisse de dépôt et placement du Québec (CDPQ), a global investment group, recently announced its ambitious new plan to fight climate change. Since implementing the…
Trendsetting environmental companies recognized in ROB ranking
The green economy in Canada is growing at a rapid rate. But which are the up and coming companies making the most waves in the…
CIBC increases sustainable finance targets
The Canadian Imperial Bank of Commerce (CIBC) recently announced its ambition to achieve net zero greenhouse gas emissions associated with operational and financing activities by…
Cleantech and renewable energy investments surge
A green investment wave is washing over Canada, according to a recent financial analysis of the green economy. Cleantech and renewable energy companies in the…
Scotiabank closes inaugural $1B sustainability bond
Scotiabank announced the closing of its inaugural USD $1 billion three-year Sustainability Bond offering, in support of the bank’s commitment to making a positive impact…
First Independent Review on Carbon Pricing in Canada
The first independent expert review of carbon pricing across Canada indicates jurisdictions are making progress, but changes will be necessary to ensure federal, provincial, and…
Government of Canada Selects TD and HSBC for Inaugural Issuance of Green Bonds
The Government of Canada’s Department of Finance has selected The Toronto-Dominion Bank (TD) and HSBC as the two structuring advisors for its inaugural issuance of…
Green Municipal Fund Investments for Central Ontario Communities
New investments of $377,310 through the Federation of Canadian Municipality (FCM) Green Municipal Fund (GMF) will help reduce greenhouse gas (GHG) emissions and improve energy…
Historic Agreement Made at G7 Summit to Mandate Climate Reporting
At the recent G7 summit, finance ministers made a historic agreement to mandate climate reporting last week that, alongside other new measures, will make it…
Canada’s First Degree to Merge Sustainability and Financial Management
The University of Waterloo is offering Canada’s first Sustainability and Financial Management degree to prepare a new generation of accounting and finance professionals to lead…
Horizons Launches Canada’s First Global Green Bond
Horizons ETFs Management (Canada) Inc. has launched the Horizons S&P Green Bond Index, Canada’s first Exchange Traded Fund (ETF) focused exclusively on providing exposure to…
Federal Government Launches Sustainable Finance Action Council
Investors and governments around the world are recognizing that key to a sustainable economic future are sustainable financial investments. Sustainable finance is about incorporating environmental,…
Bergeron Leads Board of B.C.’s New Life Sciences Investment Fund
The government of British Columbia has introduced a new $500 million strategic investment fund, called InBC, aimed at helping local technology and life-sciences companies scale…
Sustainable Accounting Standards Board Releases Climate Risk Resource
The Sustainable Accounting Standards Board (SSAB), which divides companies into 77 industries, has released an updated Climate Risk Technical Bulletin to help companies better understand how…
Canada’s New Growth-Focused Climate Fund Launched
Purpose Investments Inc., based in Toronto, Ontario, has announced that Purpose Global Climate Opportunities Fund is now available to investors. Canada’s new growth-focused climate fund will began…
Federal Budget Supports a Green Recovery, Environmental Targets
Deputy Prime Minister and Minister of Finance, Chrystia Freeland has released Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience, the Government of Canada’s…
Historic Supreme Court Ruling Reaffirms Canada’s Carbon Pricing System
Today the Supreme Court of Canada ruled that the federal government’s carbon pricing regime is constitutional, allowing Ottawa to proceed with its plan to ensure…
TD Bank Bolsters Sustainability Efforts, ESG Reporting
TD Bank Group bolstered its sustainability efforts in the past year, according to its annual environmental, social and governance (ESG) report, including plans to link…
Carbon Accounting Partnership Reaches 100th Financial Institution: RBC
The Partnership for Carbon Accounting Financials (PCAF) recently welcomed its 100th financial institution—Royal Bank of Canada (RBC)—as it has doubled global participation in less than 18…