November 16, 2020
A new shareholder resolution filed by Trillium Asset Management raises concerns about Bank of America’s refusal to rule out financing for new drilling in the Arctic, including the Arctic National Wildlife Refuge.
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
November 9, 2020
TD Bank Group released a new climate action plan today, pledging to achieve net-zero greenhouse gas emissions from its operations and financing activities by 2050. The bank is the latest major financial institution to make such a commitment,…
October 6, 2020
JPMorgan Chase has reportedly pledged to work toward net-zero financed emissions by 2050. Chase is by far the world’s biggest banker of fossil fuels, pouring more than $268 billion into the fossil fuel industry from 2016 to 2019.
September 21, 2020
Today, Morgan Stanley announced a new commitment to reach net-zero financed emissions by 2050. Morgan Stanley is the first major American bank to set such a target, though the announcement did not include details on the bank’s plan to get there.
July 26, 2020
Multinational investment bank and financial services company Deutsche Bank released an updated energy policy today that rules out funding for new oil and gas drilling or exploration in the Arctic.