TORONTO — RBC says it plans to disclose a key climate metric that the New York City Comptroller has been pushing it to adopt.
The measure, pioneered by research group BloombergNEF, has emerged as an especially clear indicator of how bank funding stacks up on climate solutions compared with the status quo. BloombergNEF calculated in its latest report that RBC provided 37 cents in clean energy funding for every dollar it directed to fossil fuels. -- Donald Trump has sued two co-founders of his newly public Trump Media & Technology Group Corp., claiming they set the company up improperly and shouldn’t get any stock in it.
-- Enbridge Inc. sold $3.5 billion of debt on Tuesday following a downgrade last week by Moody’s Ratings.
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