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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August 18, 2021

WASHINGTON, D.C.-- Today, grassroots leaders from 20 different countries and 37 organizations sent a letter to the U.S. Treasury Department, calling on the Department to center the demands of international grassroots movements in the implementation…

July 20, 2021

Today, BlackRock released its 2020-2021 stewardship report. The report details BlackRock’s engagement and proxy voting record during Sandy Boss’s first year as Global Head of Investment Stewardship. In response, members of the BlackRock’s…

June 14, 2021

Today, the Sierra Club submitted more than 10,000 comments from members and supporters across the country urging the Securities and Exchange Commission (SEC) to develop strong disclosure rules that require companies and financial institutions to…

June 3, 2021

June 3, 2021 – Trans Mountain insurer and Lloyd’s of London syndicate Argo Group has pledged to cut ties with the existing Trans Mountain tar sands pipeline when its current insurance policy expires on August 31, 2021, and to not insure the…

May 26, 2021

Today, at ExxonMobil’s annual general meeting, shareholders voted for the election of at least two new members on Exxon’s board of directors, a powerful rebuke to the company’s long-running failure to act on the climate crisis and put forward a…