San Francisco – Four of America’s largest banks, JPMorgan Chase, Wells Fargo, Bank of America and Goldman Sachs, have announced as Founding Partners of the Center for Climate Aligned Finance,…
Press Releases
Nippon Paper Group Put On Notice: Bushfires Change Everything
Forty-one environmental groups have today written to Japan’s Nippon Paper Group, which owns the Opal Australian Paper mill in Maryvale, Victoria, Australia, detailing concerns around the company’s Australian supply chain. The…
Talanx drops support for Trans Mountain pipeline and Munich Re could follow
Global campaign targets Liberty Mutual and remaining insurers of the Canadian tar sands pipeline CONTACT: Elana Sulakshana, (703) 589 0040 German insurer Talanx will no longer back Canada’s controversial Trans Mountain pipeline,…
After ruling out Adani, Liberty Mutual must abandon plans to build a new coal mine in Australia
Liberty Mutual is coming under fire for backing the Baralaba South coal mine CONTACT: Elana Sulakshana, (703) 589 0040 Global pressure is mounting on one of the world’s largest insurers, Liberty Mutual,…
MUFG fails to commit to Paris alignment at 2020 AGM
ESG financing policy now weakest among Japanese megabanks Tokyo, Japan – Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank, indicated at today’s annual shareholder meeting that it has no intention…
Somerville and Cambridge Join Growing Trend of Cities Calling on Insurance Companies to Stop Insuring and Investing in Fossil Fuels
Two City Resolutions Come on Heels of 38 MA Legislators Telling Liberty Mutual to Phase Out Insurance for the Keystone XL and TransMountain Pipelines and Other Fossil Fuel Infrastructure. Cambridge,…
Protect The Right to Protest and #DefendBlackLives
RAN supports the Movement for Black Lives and organizers across the country turning up in the streets and online demanding justice. m4bl.org/week-of-action/ Racial inequity is the foundation of systemic injustice…
Statement from Rainforest Action Network on the protests in Minneapolis and systemic racism.
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 in the United…
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.
Recent Media
Guardian: Environment groups urge Nippon Paper to scrap Victorian timber from supply chain
In a letter to the Japanese company, activists call for rapid transition to products sourced from plantations and recycled fibre More than 40 environment groups have called on Japan’s Nippon…
International Business Time: Climate Change News: Amid Pandemic, Japan’s Megabanks Must Lead On Sustainability
“The path out of the current COVID-19 pandemic is still shifting, with long-term economic recovery perhaps even harder to predict. Massive amounts of money will be spent in the coming…
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…
