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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May 6, 2021

BlackRock and Vanguard Fail to Disclose How They Voted

May 5, 2021

Charlotte, NC -- Tomorrow, Duke Energy, the second largest emitter of climate-polluting carbon dioxide in the country, will hold its Annual General Meeting (AGM) where it will face questions from shareholders on its failure on climate and…

April 27, 2021

San Francisco, CA -- Today, at Wells Fargo’s virtual annual shareholder meeting, the bank faced questions about its massive fossil fuel financing and lack of a credible climate-aligned transition plan, but top shareholders like Vanguard and…

April 21, 2021

Today, on the eve of President Biden's Leaders Summit on Climate, saw the announcement of the Net-Zero Banking Alliance (NZBA), an industry-led initiative including a set of guidelines for banks to use in implementing net zero commitments and…

April 19, 2021

Washington, DC -- Today, the Department of the Treasury announced the appointment of John Morton as the Department’s first Climate Counselor to Treasury Secretary Janet Yellen. Morton is tasked with leading the newly established Climate Hub that…