World’s 50 Largest Banks and Investors Driving Deforestation Through Weak Policies and Major Investments, New Study Finds
Top investors BlackRock, Vanguard, State Street, PNB, EPF, GPIF, and KWAP all amongst lowest-scoring The world’s 50 largest banks and investors are driving deforestation through weak policies and major investments…
JPMorgan Chase 2030 Climate Targets a “Fig Leaf for Fossil Fuel Expansion,” says Rainforest Action Network
Today, JPMorgan Chase has released its 2030 climate targets, following on the bank’s October 2020 pledge to “align with the Paris Agreement.” JPMorgan Chase is the world’s largest banker of…
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…
Global Climate Groups Issue Guidance To Finance Giants on Aligning with Paris Agreement Goals
‘Paris Principles’ document lays out steps needed to transform finance commitments into action The world’s biggest banks, insurers and money managers are under pressure from the public, politicians and their…
Activists Disrupt Jamie Dimon Speech to Send Message that Chase Must Stop Banking on Fossil Fuels
FOR IMMEDIATE RELEASE CONTACT: Christopher J. Herrera, Christopher@ran.org, 510.290.5282 Philadelphia, PA—This afternoon activists disrupted JPMorgan Chase CEO Jamie Dimon’s speech at a World Affairs Council event, calling attention to the…
Major International Banks and Investors Finance Devastating Impacts of Forest-Risk Commodities
New Report Finds Eight Corporate Giants in Palm Oil, Pulp and Paper, Timber and Rubber Involved in Social and Environmental Scandal; Exposes Financial Backing FOR IMMEDIATE RELEASE CONTACT: Hana Heineken…
Who’s Bankrolling TransCanada?
Who’s banking the Coastal GasLink pipeline Feb 2020 UPDATE. Who’s banking the Keystone XL pipeline May 2020 UPDATE. Today, the Trump administration approved TransCanada’s latest permit to build the Keystone…
How many trees are cut down every year?
Rainforests across the world are in great danger. Food and Agriculture Organization’s 2016 State of the Forests report revealed that 7 million hectares of forest are lost annually while agricultural…
Eco-Business: The top 5 CSR stories in 2016
California-based Rainforest Action Network (RAN), Indonesia-based community group Tuk Indonesia and Dutch consultancy Profundo revealed that at least $38 billion worth of commercial loans and underwriting facilities were provided to 50 companies in…
First of its Kind Online Platform Reveals the Banks and Investors Financing Companies Linked to Tropical Forest Loss in Southeast Asia
Financial sector under the spotlight in new international push to protect forests and forest communities FOR IMMEDIATE RELEASE Contact: Blair Fitzgibbon, blair@soundspeedmedia.com Singapore ––Today, Rainforest Action Network (RAN), TuK INDONESIA…