August 30, 2023
Sierra Club analysis reveals banks continue to provide funding to coal utility parent companies, despite policies to restrict project-level loans to coal plants
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!
Press Releases
August 29, 2023
Asset Manager’s New Stewardship Report Shows Decline Even From 2022’s Low Voting Performance; Vanguard’s Support for Environmental & Social Measures Is Even Less Than BlackRock’s
August 24, 2023
Americans for Financial Reform Education Fund, Public Citizen, Sierra Club engage with global standard setter on proposed guidance for financial institutions
July 27, 2023
Climate, public interest advocacy groups propose clear guidelines to better regulate nonbank financial institutions that threaten financial stability
July 24, 2023
NEW YORK — A new report by the Sierra Club’s Fossil-Free Finance campaign on the role of big US banks in capital markets reveals a hidden pipeline for fossil fuel financing through the banks’ underwriting of bonds and equities for polluting…