For profits, obviously. Divesting from fossil fuel would lose business and lower profits, so the thinking goes. But is this true? A study finds ethical banks are just as profitable as major banks. If a mainstream bank adopts sustainable banking principles can they realistically expect to maintain profits? I look into the study’s methodology and see what a major bank can take away from the findings.
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Carbon49 – Sustainability for Canadian businesses: Why Do Banks Invest in Big Oil?
For profit, obviously. Divesting from fossil fuel would lose business and lower profits, so the thinking goes. But is this true? A study finds ethical banks are just as profitable as major banks. If a mainstream bank adopts sustainable banking principles can they realistically expect to maintain profits? I look into
Continue readingCowichan Conversations: Rocco Galati in court to challenge how Bank of Canada does business
Richard Hughes-Political Blogger The mysterious world of money, making it, printing it,spending it. There has been contrary views regarding the role of banks in controlling our money supply since the Bank of Canada stepped away from providing debt free money to cities, town and municipalities. Across the country, budgets are
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