Toronto Financial Sector Emissions
This is a Toronto news story, published by Global News, that relates primarily to the Toronto Climate Observatory news.
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financial institutionsGlobal News
•More emissions accountability needed in Toronto’s financial sector: report - Toronto | Globalnews.ca
69% Informative
A new report finds the Toronto financial sector’s emissions impact is much more than what is self-reported.
The report produced by the Toronto Climate Observatory says the 18 largest financial institutions directed more than $1.43 trillion in financing toward fossil fuel companies in 2022 .
It says the total across the group works out to the equivalent of 1.44 billion tonnes of carbon dioxide emissions — twice the amount of Canada 's overall emissions for the year .
VR Score
77
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80
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42
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