Banks have to stop financing oil expansion. If they don’t, their net-zero commitments are greenwash.
This op-ed was first featured on Marketwatch. By Jason Opeña Disterhoft U.N. Secretary-General Antonio Guterres recently called on banks and other financial firms to stop financing the expansion of fossil…
Chubb Shareholders Reject Management Recommendations on Key Climate and Director Votes
Newly-released vote tallies demonstrate broad investor concern on fossil fuel underwriting and emissions reductions Zurich, Switzerland // New York City, USA (May 24, 2022) – At the May 19 annual…
At Chubb AGM, Insurance Giant Faced Demands for Climate Action on the Ballot and in the Streets
Action in Zurich Depicting Chubb CEO Greenberg Smearing the Planet with Fossil Fuels Shareholders pass resolution for transparency on emissions reductions, but stop short of calling for an end to…
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…
Indonesian Forestry Titan Royal Golden Eagle Remains a Major Roadblock to Progress in Saving Leuser Ecosystem
RGE has failed to adhere to no-deforestation commitments, creating liability for global brands and banks still doing business with the rogue company Nearly two years after being exposed for driving…
No Deforestation Commitments On The Rise In The Leuser Ecosystem
PT. Tualang Raya latest to join peers in commitment to forest protection PT. Tualang Raya – a rogue palm oil producer previously implicated in the destruction of a critical corridor…
Procter & Gamble, Other Brands Implicated as Critical Rainforests Continue to Fall in Leuser Ecosystem
Despite years of consumer outcry and public promises, major food brands still cannot guarantee they are not sourcing Conflict Palm Oil from Leuser forests During the month of March, RAN…
Liberty Mutual Ends Policyholder Meeting After Seven Minutes; New “Sustainability” Reports Fail to Address its Role in Climate Crisis and Human Rights Violations
Growing Movement Calls on Liberty to Stop Insuring Fossil Fuel Expansion and Respect Indigenous Rights Boston, MA (April 14, 2021) – Today, climate advocates and Indigenous leaders are incensed that insurance…
New Report: World’s 60 Largest Banks Have Poured $3.8 Trillion Into Fossil Fuels Since Paris Agreement; Climate Groups Sound Alarm as Financing for Fossil Fuel Expansion Continues to Rise
Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016 *** Read report here: http://www.bankingonclimatechaos.org/ *** Released today, the 12th edition of the most…
Citi Becomes First U.S. Bank to Restrict Financing for Companies Expanding Coal Power
RAN says significant step forward with major loophole Citigroup has issued today an updated Environmental and Social Policy Framework. The framework contains important new language further restricting its lending, underwriting…