fossil-free-finance

July 12, 2018

Today, Ireland’s government committed to divest its 8 billion-euro national investment fund from all coal, oil, and gas investments, making it the world’s first country to fully divest from fossil fuels.

April 25, 2018

A crowd of activists rallied today outside of a meeting of Bank of America’s shareholders and executives to call on the Charlotte-based bank to drop its financing of dirty and destructive fossil fuel projects.

April 24, 2018

A crowd of activists rallied today outside of a meeting of Wells Fargo’s shareholders and executives to call on the bank to drop its financing of dirty and destructive fossil fuel projects.

April 16, 2018

US commercial banks are gearing up for their annual general meetings, starting as early as this week, but they’re not alone in making plans for AGM season. A growing number of concerned communities and organizations are planning a series of interventions at this year's bank shareholder meetings to pressure the banks to stop financing controversial oil and gas infrastructure projects.

April 2, 2018

The Securities and Exchange Commission (SEC) has reportedly taken unprecedented action on behalf of an oil company by blocking a shareholder resolution on climate change.

January 10, 2018

New York City Mayor Bill de Blasio announced a plan to divest the city’s $189 billion pension fund from fossil fuels within the next five years, making New York City the first major US pension plan to do so.

December 18, 2017

Despite mounting public opposition from a broad coalition of Indigenous and environmental groups, JPMorgan Chase and Wells Fargo renewed their participation in a set of loans totaling $1.5 billion to TransCanada, the company behind the Keystone XL tar sands pipeline.

December 12, 2017

Washington, DC -- Today, the World Bank announced that it will stop financing oil and gas exploration and extraction starting in 2019.

The announcement comes as financial institutions have come under increased scrutiny over their funding of dirty fossil fuels that are driving the climate crisis.

November 27, 2017

Local activists will gather on Thursday at noon to rally outside Wells Fargo’s headquarters in San Francisco and demand that they divest from Keystone XL.

November 10, 2017

This week, Wells Fargo announced that 100 percent of its global electricity consumption for 2017 will be met with renewable energy. However, the bank continues its support for fossil fuel companies, including loans to TransCanada, the company behind the controversial proposed Keystone XL tar sands pipeline.

October 3, 2017

This morning, as Wells Fargo CEO Tim Sloan testified before the US Senate Banking Committee about the bank’s recent scandals, DC residents urged elected officials to hold Wells Fargo accountable for financing projects that threaten our communities and climate.

October 2, 2017

Tomorrow morning, as Wells Fargo CEO Tim Sloan testifies before the US Senate Banking Committee, DC residents will gather outside the Dirksen Senate Office Building to call on elected officials to hold Wells Fargo accountable for financing projects that threaten our communities and climate.