The Alberta Legislature is adjourned for a month. For this we are truly grateful because no matter how Jason Kenney tries to dress up his performance—he says he’s well on his way to delivering on almost 70% of his campaign promises—he has not delivered on the promise of “jobs, economy,
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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 readingCarbon49 – Sustainability for Canadian businesses: Why Do Banks Invest in Big Oil?
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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