Bank of America (BofA) is a top funder of the biggest drivers of climate change: coal, oil, and gas corporations, as well as carbon-intensive electricity producers.
BofA is happy to profit from the fossil fuel industry. But so far, it has refused to accurately report on how much carbon the companies it funds are spewing into the atmosphere.
The bank has already acknowledged that its fossil fuel profits are unsustainable: there’s serious financial risk as the world wakes up to the true dangers of climate change, and reputational risk as the public demands banks that are green, not just greenwashed.
It’s past time for BofA to come clean on funding climate change -- and to cut its financed emissions by ending its coal financing.
At this week’s Bank of America Annual General Meeting in Charlotte, North Carolina, Rainforest Action Network is supporting a shareholder resolution introduced by the Interfaith Center on Corporate Responsibility that calls for BofA to accurately report the climate change pollution it funds. Add your voice while the spotlight is on BofA right now!
Tell Bank of America CEO Brian Moynihan to tell the truth about funding climate change and to stop funding coal: