Net Zero Receding

The Bank of Montreal (BMO) and four other banks announced their withdrawal from the Net Zero Asset Managers initiative, citing challenges in aligning with the program's objectives and the shifting landscape of responsible investing.
Published on January 21, 2025

The Bank of Montreal (BMO) and four other banks announced their withdrawal from the Net Zero Asset Managers initiative, citing challenges in aligning with the program’s objectives and the shifting landscape of responsible investing.

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Should all Canadian financial institutions follow BMO's lead and withdraw from net-zero investment initiatives?

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