RAN Responds to Morgan Stanley joining Partnership for Carbon Accounting Financials
In response to news that Morgan Stanley is joining the Partnership for Carbon Accounting Financials, Jason Opeña Disterhoft, Rainforest Action Network Climate and Energy Senior Campaigner, said: “Today’s move is…
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…
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…
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.
Who’s banking the Keystone XL pipeline?
May 2020 update JPMorgan Chase remains the primary banker of the controversial Keystone XL tar sands pipeline through its support for TC Energy, the company behind the project. It’s followed…
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.
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:…