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Ideology Over Integrity: National Bank’s ESG Strategy Undermines Its Fiduciary Duty

If NBI truly wishes to lead, it must reject climate alarmism, scrutinize its assumptions, and re-anchor its investing philosophy around objective inquiry and the advancement of human well-being. That would be leadership worth investing in


Earlier this year National Bank Investments (NBI) proudly released its 2024 Report on Responsible Investment, touting its climate commitments, ESG integration (Environmental, Social, and Governance investment practices), and alignment with the United Nations’s Sustainable Development Goals. But beneath the polished language and corporate optimism lies a troubling reality: NBI has apparently embraced ideology at the expense of science, economics, and its fiduciary responsibility.

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