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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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 development…

March 21, 2024

NEW YORK – This week, Citigroup has joined JPMorgan Chase in agreeing to disclose its relative levels of financing for low-carbon energy versus fossil fuels — also known as an energy supply financing ratio — in response to 

March 20, 2024

Concerns Raised About Recent Litigation Launched by Exxon Against Shareholders

March 13, 2024

Final Rule Significantly Curtailed Emissions Disclosure Requirements Despite Widespread Support

March 11, 2024

Move comes just one month after state received C+ grade in Sierra Club report