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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April 24, 2024

NEW YORK – Today, two major U.S. banks, Bank of America and Goldman Sachs, held their Annual General Meetings (AGMs), where shareholders voted on several investor proposals calling for stronger transparency on energy financing and other climate-…

April 19, 2024

Each April and May, many major corporations hold their annual general meetings (AGMs), which are an opportunity for shareholders to vote for or against board members, and on resolutions about sustainability concerns and other critical issues. 

April 4, 2024

New York, NY â€“ After successful shareholder engagements, New York City Comptroller Brad Lander and trustees of the New York City Employees’ Retirement System, Teachers’ Retirement System, and Board of Education Retirement System (the Pension…

March 28, 2024

NEW YORK – Today, Citi published its latest annual climate-related disclosures report, which reveals for the first time how it is assessing the transition plans of high-emitting clients, and reports the emissions resulting from its capital…

March 26, 2024

Today, BlackRock released CEO Larry Fink’s annual chairman’s letter. Two central themes of the letter are on helping Americans save for retirement and the important role that capital markets play both in retirement savings and economic…