InfluenceMap: This latest report finds that the Big Five Canadian banks averaged $0.21 in green financing for every $1 in fossil fuel financing in 2024, substantially below the 0.68:1 ratio achieved by top European banks, indicating a lack of commitment to the climate transition. Read the report in full:

InfluenceMap influencemap.bsky.social · Sep 30, 2025
🇨🇦 New Report finds Canada's Big Five banks exposed to greater transition risk than global peers because of costly domestic FF financing... 💸 In 2024 18.3% of the banks’ financing went to FF companies, more than 2x their US counterparts and 3x their European peers

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InfluenceMap influencemap.bsky.social
This latest report finds that the Big Five Canadian banks averaged $0.21 in green financing for every $1 in fossil fuel financing in 2024, substantially below the 0.68:1 ratio achieved by top European banks, indicating a lack of commitment to the climate transition. Read the report in full:
Canada’s Big Five Banks: Fueling Fossil Risk?

FinanceMap’s 2025 assessment of the Canadian Big Five banks’ 2020–2024 lending and underwriting activities finds that the banks show persistent high exposure to the fossil fuel sector, particularly hi...

influencemap.org
Sep 30, 2025 10:44
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Canada’s Big Five Banks: Fueling Fossil Risk?