Thank you for that.
I know that all five of Canada's big banks control a lot of funds. They buy a lot of assets for mutual funds and different types of assets for folks, and they have all committed to achieving net zero by 2050.
I'd like to have some confidence that these institutions are living up to some of those commitments. There have been a lot of concerns and allegations about greenwashing and about convincing folks that if they want a green bank, they can count on those institutions to invest in places that will deprive organizations of water and sunlight if they are doing more harm than good, are not forcing innovation or are not talking about transition or encouraging that conversation.
Is there good evidence to suggest that some banks are doing a bit more greenwashing than others?