Bank CEOs push back on MP calls to reduce oil and gas funding: 'Just stop is just not an option' https://t.co/PZsPe1L43W https://t.co/YNSLiIuzss
Big 5 bank CEOs walk a fine line on climate impacts of finance https://t.co/W0cOFh4gFO
Bank CEOs to testify at parliamentary committee on climate impacts of finance. https://t.co/92M3bX0cOD #cdnpoli Find out more at https://t.co/xofn4ZIXij https://t.co/0ceLJtZKTt








Bank CEOs are facing increasing scrutiny over their stance on climate impacts and fossil fuel financing. Amidst calls to reduce oil and gas funding, bank chiefs are navigating a complex dilemma: balancing environmental concerns with financial risks. The CEOs of the Big 5 banks are set to testify at a parliamentary committee regarding the climate impacts of their financial activities. This comes as some bank leaders push back against demands to cut fossil fuel investments, arguing that an abrupt halt is not feasible. The issue has become a significant topic in Canadian politics (#cdnpoli), with bank chiefs walking a tightrope and needing to get more granular on risk.