RBC pledges $500B in sustainable financing by 2025

The bank also committed to extending its goal of net-zero emissions by 2050 to its lending services, rather than just its operations by 2025, as well as reducing emissions by 70 per cent and sourcing all of its electricity from renewable and non-emitting sources by 2025. RBC also said it will disclose financed emissions “for key sectors” starting in 2022. (The Logic)

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