Reported 1 day ago
Four of Canada's major banks, including TD Bank and the Bank of Montreal, have announced their withdrawal from the Net-Zero Banking Alliance, joining six prominent U.S. banks in this decision ahead of Donald Trump's inauguration. The move reflects a shift in approach as these institutions believe they can effectively develop their climate strategies independently. The Net-Zero Banking Alliance, launched in 2021, aimed to encourage banks to mitigate climate change impacts.
Source: YAHOO