The bank also reported little progress on reducing emissions of oil and gas financing
Shift report downgrades CPPIB, gives AIMCo worst grade
The investment manager says the money represents new capital
National Bank was a notable outlier
The mixed results show firms still have a long way to go to meet Paris Agreement targets
The strategy is a key part of the sector's decarbonization goals
Task force details progress and areas of improvement
Firms not disclosing investments' negative ESG impact, Paris alignment
Assets growing but portfolio companies not on track to avert disaster
The rating agency warned that companies need to be careful when using carbon offsets to reduce emissions