Royal Bank of Canada accused of “greenwashing” over pipeline company loan
- Date: 29-Sep-2021
- Source: Global Trade Review
- Sector:Financial Services
- Country:Gulf
Royal Bank of Canada accused of “greenwashing” over pipeline company loan
Campaigners have accused a group of Canadian banks of greenwashing for supporting a US$1.2bn sustainability-linked bond on behalf of Enbridge, an energy company embroiled in a row over a controversial new oil sands pipeline. The Royal Bank of Canada (RBC), the country’s largest lender, is one of six banks under fire from campaign group Stand.Earth for its participation in the bond, ...
The post Royal Bank of Canada accused of “greenwashing” over pipeline company loan appeared first on Global Trade Review (GTR).
Campaigners have accused a group of Canadian banks of greenwashing for supporting a US$1.2bn sustainability-linked bond on behalf of Enbridge, an energy company embroiled in a row over a controversial new oil sands pipeline. The Royal Bank of Canada (RBC), the country’s largest lender, is one of six banks under fire from campaign group Stand.Earth for its participation in the bond, ...
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