RMI Outlet
Climate Alignment
Financing 1.5°C: Climate Resolutions Gather Momentum
’Tis the season once again for annual general meetings, where shareholders have the opportunity to raise and vote on shareholder resolutions. Unsurprisingly, climate-related shareholder resolutions feature prominently for the second year in a row. This follows from last year’s annual general meetings (AGMs), where shareholders raised climate resolutions ranging…
Climate-Aligned Finance 101: What Is It, and Why Should You Care?
Last month’s Leaders Summit on Climate brought a renewed sense of hope and a wave of climate commitments from corporations, financial institutions, and governments. Those commitments are a great starting point, but to move forward in the same direction, we need a framing mechanism to think about our roles…
How the Net-Zero Banking Alliance Helps Banks Set Interim Emissions Targets
If the last 18 months of banks’ climate ambitions were about announcing 2050 net-zero emissions pledges, the next 18 must be about setting interim targets. Committing to align portfolios with net zero by 2050 is a welcome market signal—but the material question remains where banks intend to be in 1,…
Financing 1.5°C: How Canadian Banks Are Approaching Climate Alignment
If Canada’s influential “Big Six” banks are any indicator, climate ambition among the Canadian financial sector is rapidly evolving—following similar trends in the United States and, before that, in Europe. Between TD Bank Group, Royal Bank of Canada, Scotiabank, Bank of Montreal, Canadian Imperial Bank of Commerce, and National Bank…
The Map Is Not the Territory: New Routes to a 1.5°C Future
Explorers use maps intensively, but they take the information recorded in the charts they use with a few grains of salt, knowing that the map is not the territory. After all, sometimes maps present a consensus view of reality that is disastrously wrong. For more than 100 years, beginning…