First Nations Bank of Canada

FNBC does not provide sufficient information on its lending activities and policies, so we cannot rule out that it lends to companies engaged in the fossil fuel industry.

We believe the risk of this is low as the majority of its commercial lending is to the governments of First Nations and the real estate sector.

We would like to see FNBC measure the greenhouse gas emissions impact of its lending, set science-based targets and put in place an explicit policy stating that it will not lend to the fossil fuel industry.