TD released total financed emissions, all six lag in setting oil and gas financed-emissions targets: Investors for Paris Compliance
Published targets are progress, but action remains elusive, uncertain
The target is a step toward net-zero emissions by 2050
Large increase in sustainable investment needed for developed markets to meet climate goals
The banks are now grappling publicly with their financed emissions — those attributable to the companies they lend to or invest in
Canada's big banks are still major funders of the fossil fuel industry. It remains to be seen how quickly they are prepared to move toward net zero