US Banks

US Banks

US Banks

Big US banks JPMorgan Chase, Citibank, Wells Fargo, Bank of America, Morgan Stanley, and Goldman Sachs 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.


Photo by iStock.com/Marcus Millo

Banking on Climate Chaos

There is a major disparity between the public climate commitments made by some of the world’s largest banks, and the reality of their behind-the-scenes, business-as-usual financing to the fossil fuel industry.

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Photo by iStock.com/Chaay Tee

Tracking Net Zero

This critical analysis of the net-zero commitments, interim targets, and exclusion policies of the 6 biggest US banks reveals their pledges and actions fall far short of what’s needed to meet global climate goals.

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Fueling the LNG Boom

Big US banks like Morgan Stanley pour billions of dollars into new fracked gas exports projects in the Gulf Coast. These toxic projects impact the health of nearby communities, worsen climate change, damage local ecosystems, and more.

Investors

Major investors like asset managers and pensions help people manage their retirement funds. But they are also big investors in the companies propping up the fossil fuel industry.

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Financial Regulation

Federal agencies like the Federal Reserve have a powerful role to play in ensuring the US economy and our banking system are protected from climate-related financial shocks.

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