Sustainable Finance Action Council

Finance Canada is undermining sustainable investment with a multi-year effort to include fossil fuels in guidelines intended to help capital flow to clean alternatives, climate and finance experts say.

The cost of inaction on climate change couldn't be clearer, but policies to align Canada's financial sector with planet-warming greenhouse gas emission reduction targets are glaring holes in Ottawa's approach. Will anything change?

An effective taxonomy, if science-based and backstopped by strong enforcement measures, could stem the amount of greenwashing and actually put Canada on a path to net zero.

The federal government has released proposed guidelines, submitted to it by an independent group of finance experts, on what investments should be considered worthy in the fight against climate change.

Canada’s financial heavyweights are trying to convince the federal government to let them keep pumping money into the oil and gas sector, confidential documents obtained by Canada’s National Observer reveal.

Climate transition is on track to be a historic multitrillion-dollar investment opportunity and a business disruption that will reshape whole economies — Canada’s included, write Keren Perla and Chad Park.

Cannabis giant Canopy Growth has reported its emissions for the first time, revealing its energy use was equivalent to burning more than 65 million pounds of coal in 2020.

The Sustainable Finance Action Council, launched May 12, will draw upon “financial sector leaders” for help in transforming Canadian markets so that they properly measure, price and disclose the risks faced by businesses from the climate crisis.