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Stock impact report

Bank CEOs to testify at parliamentary committee on climate impacts of finance [Yahoo! Finance Canada]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
The chief executives of Royal Bank of Canada, TD Bank Group, BMO Financial Group, Scotiabank and CIBC are all scheduled to appear by video conference before the House of Commons standing committee on environment and sustainable development. The testimony comes as banks have faced increased scrutiny for how their lending practices contribute to climate change — they have provided more than a trillion dollars in funding to oil and gas companies since the Paris climate agreement was signed in 2015. In a press conference ahead of the testimony, several environmental groups thanked the committee for its leadership in summoning bank executives, and called on legislators to put in regulations to force banks to take more action on climate change. ADVERTISEMENT Canada's biggest banks have already made both short- and long-term emissions reduction and sustainable finance targets, including net-zero financed emissions by 2050. The problem is they haven't said how they're going to achi Show less Read more
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