Canadian banks face squeeze between climate expectations and market pressures

  • 📰 fpinvesting
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Canada\u0027s banks have been moving away from oil and gas but not with the urgency activists want. Read more

“I think for the most part, what they find is there just aren’t a lot of renewable energy or sustainable projects to fund that meet their risk-return characteristics,” he said.

The accountancy firm found that in the second quarter, lending growth slowed to five per cent quarter over quarter, compared with an average of 8.3 per cent in the past two years.Article content

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 43. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canadian banks face squeeze between climate expectations and market pressuresCanada\u0027s banks have been moving away from oil and gas but not with the urgency activists want. Read more
Source: financialpost - 🏆 7. / 85 Read more »

Canadian banks face squeeze between climate expectations, market pressuresTORONTO — In May, Canadian banks offered support to those affected by an early wave of wildfires in Alberta. In June, they extended the offer to those hit in Nova Scotia, and some expanded it further as fires also raged in Quebec and Ontario.
Source: SooToday - 🏆 8. / 85 Read more »

Canadian banks face squeeze between climate expectations, market pressuresAsked directly whether they were adjusting climate plans in light of the record-breaking wildfires and global heat, Canada’s biggest banks largely stuck to their established messages
Source: globeandmail - 🏆 5. / 92 Read more »

Canadian banks face squeeze between climate expectations, market pressuresWhile banks recognize that Canadians are living through a wildfire season like no other, activists say they aren't delivering where they're most needed: on efforts against the climate change trends making the infernos worse.
Source: CTVNews - 🏆 1. / 99 Read more »

Canadian banks face squeeze between climate expectations, market pressuresIn May, Canadian banks offered support to those affected by an early wave of wildfires in Alberta. In June, they extended the offer to those hit in Nova Scotia, and some expanded it further as fires also raged in Quebec and Ontario.
Source: timescolonist - 🏆 15. / 75 Read more »