Fossil-Free Finance

Fossil-Free Finance

Fossil-Free Finance

We're pushing major Wall Street companies to stop financing fossil fuel expansion and help accelerate the transition to a clean energy economy for all.


Everyone knows about the fossil fuel industry’s role in the climate crisis. But there’s another, lesser-known culprit: Wall Street. Join the growing movement telling Wall Street to move money out of dirty energy projects and scale up financing for clean energy instead. Sign the petition to tell America’s largest banks to stop funding fossil fuels!

US Banks

Big US banks JPMorgan Chase, Citibank, Wells Fargo, and Bank of America are some of the biggest fossil fuel financiers in the world. If we want to avoid climate chaos, we must call on banks to stop funding coal, oil, and gas and invest in clean energy.

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Investors

Major investors — including asset managers like BlackRock and Vanguard and pensions like CalPERS — help people manage their retirement funds and other investments. But these financial institutions are also funneling money into the companies wrecking our planet.

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Financial Regulation

Powerful federal regulators like the Federal Reserve, the Department of the Treasury, and the Securities and Exchange Commission all have a role to play in ensuring the US economy and our banking system are protected from climate-related financial shocks.

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In the News

Vox: The longshot campaign to get big banks out of fossil fuels
New Republic: Republicans say 'woke' Wall Street is boycotting fossil fuels, but the numbers prove otherwise

Articles

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Loopholes and Fractures Make for Un-United Nations as COP29 Ends

At COP29, US Climate Congress Changes Tune

The biggest US banks are laggards on fulfilling their climate commitments

Press Releases

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November 28, 2024

'Coal industry's decline driven by competition for cleaner energy, not actions of asset managers'

December 5, 2024

Atkins Has Spoken Out Against Investor-Demanded Climate-Risk Disclosure Rule

November 22, 2024

Sacramento, CA – CalPERS beneficiaries testified this week, calling on the CalPERS Board of Directors to commit to no new Exxon bond purchases to protect against financial risk due to climate change.  

November 18, 2024

SACRAMENTO – CalPERS beneficiaries testified November 18 calling on the CalPERS Board of Directors to commit to no new Exxon bond purchases to protect against financial risk due to climate change. The November Board meeting marks one year since…

October 31, 2024

WASHINGTON, DC – Ahead of this November’s elections, the Sierra Club is contacting voters across several states—Pennsylvania, North Carolina, Oregon, and Washington—where the office of State Treasurer is on the ballot to educate and mobilize its…