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Investors push Canadian banks to adopt ESR, a metric highlighting renewable energy investments.
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.
Pioneered by BloombergNEF, the ESR aims to highlight investments in renewable energy rather than just criticizing fossil fuel funding.
Despite concerns about standardization, some banks like Scotiabank have committed to releasing their ESR data.
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Los inversores empujan a los bancos canadienses a adoptar ESR, una medida que destaca las inversiones en energía renovable.