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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January 17, 2019

Today, BlackRock CEO Larry Fink published his annual letter to CEOs. In this year’s letter, he describes an “increasingly fragile” global landscape and a need for corporations to be leaders and “address pressing social and economic issues.” Fink…

October 25, 2018

In spite of mounting concerns about threats to Indigenous communities and the global climate, JPMorgan Chase, Wells Fargo, and Crédit Agricole, along with 11 other banks, have doubled down on their support for tar sands pipelines, renewing a $1.41…

October 10, 2018

Today, international financial services company NN Group announced that it will withdraw funding for tar sands pipeline companies including TransCanada and Enbridge, the companies behind Keystone XL and Line 3, respectively, citing concerns about…

October 8, 2018

Today, on Indigenous People’s Day, Honor The Earth, Rainforest Action Network, Sierra Club, 350 Seattle, Friends of the Earth France, and others launched a campaign calling on JPMorgan Chase, Wells Fargo and French bank Crédit Agricole to end their…

August 2, 2018

Amid the growing chorus of condemnation for drilling in the Arctic region and specifically in the Arctic Refuge, Wells Fargo has been silent.