fossil-free-finance

SEC Climate Disclosure Rule Represents Important Progress, But Falls Short on Key Metrics of Financial Risk

Sierra Club and Earthjustice considering legal actions in response to the rule

Big 4 US Banks Abandon Standards to Protect Environment and Communities

Citi, Bank of America, JPMorgan Chase and Wells Fargo Leave Equator Principles

Vanguard SOS Coalition Responds to CEO Tim Buckley's Retirement

Announcement Puts Asset Manager's Poor Climate Practices in the Spotlight

New Report: Asset Managers are Using Peoples' Retirement Savings to Finance Fossil Fuel Projects and Fuel the Climate Crisis

Sierra Club analysis details the growing role of bond financing in propping up companies behind carbon bombs like the Willow Project, Mountain Valley Pipeline

Major Asset Managers Cave to Disingenuous “Anti-ESG” Attacks, Pull Out of Climate Action 100+ Initiative

NEW YORK — Today it was reported that JPMorgan Asset Management and State Street Global Advisors are departing from the Climate Action 100+ initiative, which comprises hundreds of institutional investors with tens of trillions of dollars under management that have committed to engage with major corporate polluters on climate disclosures and actions.

Barclays’ New Net-Zero Policies Highlight Growing Climate Ambition Gap by Banks Across the Atlantic

Fossil fuel financing restrictions contrast with lack of progress, backtracking from U.S. banks

Sierra Club Joins 100+ Advocacy Groups in Demanding Banks, Insurance Companies & Private Equity Firms End Backing of LNG

Letter to major global financial firms follows dramatic change in U.S. policy on the LNG sector

Bank of America Rolls Back Restrictions on Financing for Coal, Arctic Oil and Gas

World’s fourth biggest fossil fuel funder weakens exclusions for highly destructive, risky projects

Sierra Club Applauds NYC Comptroller for Shareholder Resolutions Calling on Banks to Report Their Energy-Supply Financing Ratios

Proposals filed at JPMorgan Chase, Morgan Stanley, Bank of America, Citigroup, Goldman Sachs, RBC

New Report: The Hidden Risk in State Pensions: Analyzing State Pensions’ Responses to the Climate Crisis in Proxy Voting

Analysis reveals pensions failing to protect beneficiaries from climate-related financial risk

Financial Stability Oversight Council Annual Report Addresses Climate-Related Financial Risk

Council recommends continued state, federal agency coordination on identifying and assessing risk

Sierra Club Joins 67 Organizations in Calling on Banks to End Financing of Metallurgical Coal

Banks risk stranded assets, climate catastrophe in steel lending without exclusions