A global coalition of advocacy nonprofits including ShareAction, BankTrack, Reclaim Finance, and the Sierra Club have written to the UN Environment Programme Finance Initiative (UNEP-FI) and the Net Zero Banking Alliance (NZBA) steering committee,âŠ
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 industryâs role in the climate crisis. But thereâs 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 Americaâs largest banks to stop funding fossil fuels!
Press Releases
Today, Texas Comptroller Glenn Hegar announced a list of financial companies whose financing practices supposedly âboycottâ energy companies. The list includes companies like BlackRock, who are major funders of fossil fuels.
As the Securities and Exchange Commission (SEC) closes a comment period on two proposed rules that would create a standard framework for funds classified as environmental, social, and governance (ESG), advocacy groups today called on the agency toâŠ
Organizations urge a climate policy framework to protect and prioritize redlined communities
WASHINGTON, DC â The Financial Stability Oversight Council (FSOC) today announced that the Office of Financial Research has launched a new Climate Data and Analytics Hub pilot program, âa new tool to help financial regulators assess potential risksâŠ