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flag Investors push Canadian banks to adopt ESR, a metric highlighting renewable energy investments.

flag Sustainability-focused investors are urging Canada's major banks to adopt the Energy Supply Ratio (ESR), a measure comparing financing for low-carbon to high-carbon energy. flag Pioneered by BloombergNEF, the ESR aims to highlight investments in renewable energy rather than just criticizing fossil fuel funding. flag Despite concerns about standardization, some banks like Scotiabank have committed to releasing their ESR data.

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