'He's in our hearts': Family and friends still seek answers one year after Nathan Wise’s disappearance
It’s been a year since Nathan Wise went missing and his family is no closer to finding out what happened to him.
HSBC it is bringing a suite of sustainable finance tools to Canada the bank says will help small and medium businesses meet increasing expectations around environmental commitments.
Larger companies and institutions are increasingly evaluating the sustainability performance of their supply chains to meet their own green goals, said Alan Turner, head of commercial banking at HSBC Bank Canada, so smaller companies have to demonstrate too.
"There's a need for the smaller businesses to be able to demonstrate that they are aligned to what the large corporate institutions have set out is their position," Turner said.
The products announced Tuesday by HSBC include green deposits, which makes a company's cash reserves available to support green projects, sustainable financing tools around trade and equipment, and a general loan whose interest rate is tied to environmental targets.
Turner says they contrast with green bonds and green loans, which have focused on government lending and large corporations.
Multinational banks like Standard Chartered PLC and Citigroup Inc., as well as several U.S. banks have launched green deposits in recent years, but HSBC says that they are the first to bring the option to Canada.
BMO is also active in the sustainable finance space, having launched its first sustainability-linked loan in 2019 in a deal with Maple Leaf Foods. Earlier this year it announced a green loan for Atlantic Packaging that aligns with a set of standards for the space known as the Green Loan Principles.
Sustainability in the financial services industry is evolving quickly as products like green loans become more standardized and a growing number of banks make commitments to reducing the environmental impacts of their operations and loan portfolios.
In April the industry-led, UN-convened Net-Zero Banking Alliance launched with 57 banks committed to aligning their lending and investment portfolios with net-zero emissions by 2050.
Vancity and HSBC were the only banks operating in Canada that initially signed on to the alliance, though in the last year Toronto-Dominion Bank, Royal Bank of Canada, Bank of Montreal and most recently Canadian Imperial Bank of Commerce have made their own net-zero-by-2050 commitments.
This report by The Canadian Press was first published Sept. 28, 2021.
It’s been a year since Nathan Wise went missing and his family is no closer to finding out what happened to him.
Dozens of Ontarians are expressing frustration in the province’s health-care system after their family doctors either dropped them as patients or threatened to after they sought urgent care elsewhere.
An Ottawa pizzeria is being recognized as one of the top 20 deep-dish pizzas in the world.
Amazon's paid subscription service provides free delivery for online shopping across Canada except for remote locations, the company said in an email. While customers in Iqaluit qualify for the offer, all other communities in Nunavut are excluded.
The fire burning near Fort McMurray grew from 25 hectares to 5,500 hectares over the weekend.
Russia’s President Vladimir Putin began a Cabinet shakeup on Sunday, proposing the replacement of Sergei Shoigu as defence minister as he begins his fifth term in office.
Police are searching for a male suspect after a man was “slashed in neck” on Sunday morning in downtown Toronto and died.
There were some scary moments for several people on a northern Ontario highway caught on video Thursday after a chain reaction following a truck fire.
Health Canada announced various product recalls this week, including electric adapters, armchairs, cannabis edibles and vehicle components.
English, history, entertainment, math and geography: high school trivia teams could be quizzed on any of it when they compete at the Reach for the Top Nationals in Ottawa in June.
An Ottawa pizzeria is being recognized as one of the top 20 deep-dish pizzas in the world.
A family of fifth generation farmers from Ituna, Sask. are trying to find answers after discovering several strange objects lying on their land.
A Listowel, Ont. man, drafted by the Hamilton Tigercats last week, is also getting looks from the NFL, despite only playing 27 games of football in his life.
The threat of zebra mussels has prompted the federal government to temporarily ban watercraft from a Manitoba lake popular with tourists.
A small Ajax dessert shop that recently received a glowing review from celebrity food critic Keith Lee is being forced to move after a zoning complaint was made following the social media influencer’s visit last month.
The Canada Science and Technology Museum is inviting visitors to explore their poop. A new exhibition opens at the Ottawa museum on Friday called, 'Oh Crap! Rethinking human waste.'
The Regina Police Service says it is the first in Saskatchewan and possibly Canada to implement new technology in its detention facility that will offer real-time monitoring of detainees’ vital health metrics.
Just as she had feared, a restaurant owner from eastern Quebec who visited Montreal had her SUV stolen, but says it was all thanks to the kindness of strangers on the internet — not the police — that she got it back.