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.

Learn more

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.

Learn more

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.

Learn more
August 29, 2023

Asset Manager’s New Stewardship Report Shows Decline Even From 2022’s Low Voting Performance; Vanguard’s Support for Environmental & Social Measures Is Even Less Than BlackRock’s

August 24, 2023

Americans for Financial Reform Education Fund, Public Citizen, Sierra Club engage with global standard setter on proposed guidance for financial institutions

July 27, 2023

Climate, public interest advocacy groups propose clear guidelines to better regulate nonbank financial institutions that threaten financial stability

July 24, 2023

NEW YORK — A new report by the Sierra Club’s Fossil-Free Finance campaign on the role of big US banks in capital markets reveals a hidden pipeline for fossil fuel financing through the banks’ underwriting of bonds and equities for polluting…

July 12, 2023

'This crusade against sustainable investing is nothing more than a manufactured culture war backed by fossil fuel interests and dark money funders.'