Canadian banks’ commitments to “net-zero financed emissions” by 2050 have drawn doubts from many investors, given the lack of a defined goal, details and their continued support for oil and gas companies, even if partially aimed at helping them transition to alternatives. But their growing funding for green projects also presents a dilemma for shareholders who might want to divest. The situation highlights the largely Canadian quandary faced by both the banks and their investors. Even in their quest to shrink financing for big emission-producers, the lenders cannot withdraw from an industry that accounts for about a tenth of the economy, despite its being responsible for over a quarter of emissions. Over the past five months, Royal Bank of Canada (RBC), Toronto-Dominion Bank and Bank of Montreal , have announced plans to achieve net-zero emissions, but lacked details including a definition of that goal, interim reduction targets and plans to move away from traditional energy sources. The six biggest banks account for nearly 90% of the industry’s revenues and move in tandem on strategic shifts, including climate initiatives, which leaves shareholders with few local alternatives.