RAN Response to JPMorgan Chase 2022 Climate Report
On December 22, 2022, JPMorgan Chase released its climate report in an effort to provide details on how the bank is responding to climate risks. Rainforest Action Network’s response to…
Pressure on US Banks as HSBC Announces End to New Oil and Gas Funding
Groups representing a broad section of the US climate movement are demanding that US banks halt funding for new oil and gas projects, following a dramatic change to HSBC’s energy…
Over a Trillion Financed in Fossil Fuel Expansion; Billions by US Banks Since the Paris Agreement
“Wall Street’s Dirtiest Secret” Exposes How Much Banks Finance Fossil Fuel Expansion and Exploitation OAKLAND — As part of finance day of COP27 the Rainforest Action Network exposed startling facts…
Report: Global Bank Policies ‘Dangerously Inadequate’ to Prevent Financing of Deforestation, Climate Chaos and Human Rights Abuses
As the climate and biodiversity crisis intensifies, credit to forest-risk commodity companies increased over 60% between 2020 and 2021 **Report available in English, Portuguese and Indonesian languages *** Press release…
Indigenous Australians to Investors: Dump Adani Group
55 banks dropped direct financing of the Carmichael Adani Coal Mine – yet indirect investment keeps it afloat (Queensland) The Wangan and Jagalingou Cultural Custodians of Queensland, Australia, are calling…
Ukrainians Call For Fossil Fuel Transition, Not Expansion
This op-ed first appeared in the International Business Times By Svitlana Romanko AND Pallavi Phartiyal Ukraine is on the frontlines of a devastating war exacerbated by fossil fuels. A number of Ukrainians are…
Wells Fargo is the Last of the Big US Banks to Set 2030 Emissions Targets
None Have a Plan for Phasing out Fossil Fuel Finance Contact: Gabby Brown, gabby.brown@sierraclub.org Today, Wells Fargo announced new 2030 targets to reach its commitment to net-zero financed emissions by…