RBC, Scotiabank pull back on climate goals [BNN Bloomberg (Canada)]
Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS)
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am
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US:NYSE Investor Relations:
seekingalpha.com/article/4128193-bank-nova-scotias-bns-ceo-brian-porter-q4-2017-results-earnings-call-transcript
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Source: BNN Bloomberg
In 2022, RBC set goals to reduce funded emissions for the oil and gas, power generation and automotive sectors by the end of the decade as part of working toward net-zero financed emissions by 2050. The bank says in its sustainability report that after reviewing numerous factors including government policy, geopolitical developments and energy demand, it has concluded that its interim targets are not reasonably achievable. RBC says it maintains its long-term ambition to reach net-zero financed emissions, but achieving that will require supportive policy and advances in technology. Scotiabank says in its sustainability report that necessary actions on climate change haven't evolved to the extent expected, so it's withdrawing both its interim targets and its goal of achieving net-zero by 2050 for financed emissions. It cites factors like the U.S. curbing major parts of the Inflation Reduction Act, Canada eliminating the consumer carbon tax and not implementing an oil and gas em
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BNS
Earnings
- 2/24/26 - Beat
BNS
Sec Filings
- 4/17/26 - Form 424B2
- 4/17/26 - Form 424B2
- 4/17/26 - Form 424B2
- BNS's page on the SEC website