Enough is Enough. Black lives matter — and systemic racism demands systemic change. Rainforest Action Network acts and speaks in solidarity against the systemic violence specifically experienced by Black people…
Press Releases
Massachusetts State Legislators Call on Liberty Mutual to Cut Ties with Fossil Fuels
Legislators join growing campaign to push insurers to take meaningful climate action MA – Today, dozens of Massachusetts State Legislators called on Boston-based insurance company Liberty Mutual to address its role…
JPMorgan Chase Faces Unprecedented Vote Against Its Financing of Fossil Fuels
JPMorgan Chase shareholders’ revolt against Jamie Dimon and his failed record on climate change shows that days of acting as the house bank of the fossil fuel industry will have to end.
JPMorgan Chase, Under Fire From All Sides Over Fossil Financing, to Host Online AGM
World’s worst funder of climate change faces multiple shareholder resolutions, grassroots pressure.
MUFG Falls Behind Peers in New ESG Finance Policy Announcement
MUFG’s policy revisions “disappointing,” says Rainforest Action Network Japan’s largest bank, Mitsubishi UFJ Financial Group (MUFG), released a revised Environmental, Social and Governance (ESG) financing policy today, but fell short…
Morgan Stanley 5th Major U.S. Bank to End Arctic Oil Financing; Bank of America Now Stands Alone
Morgan Stanley 5th Major U.S. Bank to End Arctic Oil Financing; Bank of America Now Stands Alone. The next steps are ending funding for expansion of fossil fuels and committing to phasing out all fossil finance.
Citigroup Announces New Coal Policy; Climate Advocates Respond
Rainforest Action Network, Indigenous Environmental Network and Amazon Watch issue statements San Francisco– Ahead of its 2020 Annual General Meeting, taking place tomorrow, Citigroup has published an updated version of…
SMBC Misses Critical Opportunity to be a Climate Leader
SMBC’s New Climate Policy Falls Well Short of Mizuho’s All Eyes Now on Largest Bank MUFG Tokyo – Today, Japan’s third-largest bank – Sumitomo Mitsui Financial Group (SMBC Group, TYO:…
29 Nobel Laureates Condemn Chevron Pollution in Ecuador and Demand Freedom for Human Rights Lawyer Steven Donziger
Alec Baldwin, Roger Waters, and other activists join Nobel laureates in their demand that Chevron clean up its pollution, pay court-ordered compensation, and cease the persecution of Donziger, who has…
Japan’s Third Largest Bank – SMBC Group – In Discussions To Finance New Coal Export Terminal in California Amidst Pledge to Quit Coal Power
Contact: Laurel Sutherlin, Rainforest Action Network, (415) 246-0161 laurel@ran.org Margaret Rossoff, No Coal in Oakland, (510) 459-6054 margaretmft@gmail.com Oakland, CA — Today, Sumitomo Mitsui Financial Group (SMBC Group) announced…
Recent Media
Reuters: MUFG puts oil sands, Arctic drilling on ‘restricted transactions’ list
““MUFG’s recognition of tar sands and Arctic oil & gas as high risk sectors deserve some credit, but the newly adopted policies fail to establish clear no-go zones for financing,”…
South China Morning Post: Tokyo 2020 ‘fake sustainability’: new Olympics report attracts heat from orangutan and rainforest activists
“US-based Rainforest Action Nethawork (RAN) was one of more than 40 NGOs calling on the IOC in 2016 to demand organisers refrain from sourcing wood from endangered tropical forests in…
Mongabay: Celebrating the 50th Earth Day amidst a global pandemic
“On today’s episode of the Mongabay Newscast we discuss what it means to be celebrating the 50th Earth Day amidst the coronavirus pandemic. How have Earth Day celebrations changed in…
Time: Want to Stop the Next Pandemic? Start Protecting Wildlife Habitats
“Despite years of creative and resource-intensive work by governments and nonprofits, companies’ actions to mitigate habitat loss aren’t adding up. Many large companies have pledged to halt deforestation, the largest driver of…
Reuters: PepsiCo adopts stricter, greener rules for palm oil in products
“Under PepsiCo’s new policy, the major international buyer of palm oil has strengthened its commitments to protect, restore and monitor forests and peatlands. It has pledged not to purchase palm…
International Business Times: OpEd – For Forest Survival, Corporations Are Accountable To Uphold Indigenous Land Rights
“As climate change deepens, forests –– those lush, abundant, mysterious stands of trees that for millennia have quietly produced the air we breathe and the water we drink –– have…
The Telegraph: HSBC has not cut its ties to deforestation despite pledge, say activists
“HSBC has been accused of continuing to fund firms linked to deforestation despite its pledge to sever ties with unethical palm oil producers years ago. The bank is “falling short” on…
Gizmodo: How China Is Helping Drive Deforestation in Brazil and Indonesia
“The outpouring of support around the Amazon fires from the general public is important,” Emma Lierley, forests communications manager at the non-profit Rainforest Action Network, told Earther. “People are remembering…
Newsweek: THE FIRES DECIMATING RAINFORESTS CAN ONLY BE STOPPED IF WE SIDE WITH COMMUNITIES OVER CORPORATIONS | OPINION
“Across the globe, tropical rainforests are burning. Even as the Amazon continues to burn, the rainforest in the Congo Basin –– the second-largest rainforest on Earth –– is on fire. And…
Reuters: Green groups flag threat to Indonesia forests recovered from palm planters
“Gemma Tillack, forest policy director at U.S.-based environmental group Rainforest Action Network, said the move was “a welcome signal at a time when forest fires are destroying rainforests the world…