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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March 2, 2023

Bank takes modest steps on emissions targets, but fails to establish clear accountability measures for major polluting clients

March 1, 2023

President Biden signaled he will veto the measure, which Sierra Club called a ploy to prop up corporate polluters while threatening workers’ savings

March 1, 2023

Resolutions filed at major US, Canadian banks and insurance companies

February 28, 2023

Sierra Club re-emphasizes importance of rule to provide options for workers, retirees who want to ensure their fund managers consider climate risks

February 27, 2023

Groups send letters to House and Senate lawmakers in support of DOL rule