Accelerating climate action 

Four key themes guide our climate strategy

Our role in the transition

Net-Zero Approach (PDF, 4 MB) Opens in a new window.


Our net-zero roadmap


  • Continued to make progress towards our interim net-zero targets for our oil and gas and power generation portfolios

By 2024

  • Set a 2030 interim target for our automotive manufacturing portfolio
  • Achieve carbon neutral Canadian and U.S. operations by 2024
  • Continue to evaluate 2030 interim targets for priority sectors, per Net-Zero Banking Alliance (NZBA) commitment
  • Review official Taskforce on Nature-related Financial Disclosures (TNFD) recommendations
  • Develop sector-specific plans to achieve 2030 interim targets

By 2025

  • Execute on sector-specific emission reduction strategies
  • Continue to engage, monitor and work with clients to support their transition
  • Continuously improve and evolve our approach to achieving net-zero, as needed

By 2030

  • Reduce Scope 1 and 2 operational emissions 30% below 2018 baseline by 2028
  • Reduce financed emissions in line with our sector-specific interim targets

By 2050

  • Target to achieve net-zero GHG emissions from our operational and financing activities.

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