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Canadian banks RBC and BMO may leave climate alliance, citing pressure against "woke" capitalism.
Some of Canada's biggest banks, RBC and BMO, might leave the Net-Zero Banking Alliance, following several major US banks who exited amid political pressure against "woke" capitalism.
Despite leaving, these banks say they still support climate goals and will help clients cut carbon emissions.
Critics argue that voluntary alliances have not significantly reduced emissions, suggesting stronger government regulation is needed.
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Los bancos canadienses RBC y BMO pueden dejar la alianza climática, citando la presión contra el capitalismo "despertado".