Banks, and now insurers, drop project plagued with risk from community, cultural and climate issues. RIO GRANDE, TX, August 6, 2024 — An insurance certificate obtained through a public information…
Chubb Drops Rio Grande LNG Insurance
Press Releases
Arrests Made at Protest – Gulf Coast Residents Denounce Insurance Giant Chubb’s Underwriting of Methane/LNG
Over 200 residents traveled to decry the insurance industry’s profit off of the destruction of their communities ***Photos and video of the action can be found here*** June 26, 2024…
New Report: Millions of Tons of Palm Oil Hidden in Animal Feed
Single largest palm oil import to the US goes unaccounted for in the global supply chain A new report released today by Rainforest Action Network (RAN) reveals that millions of…
Banking On Climate Chaos 2024 Coalition statement response to Barclays
Following the 15th annual publication of Banking on Climate Chaos (BOCC), Barclays issued a response to the report. As authors of the BOCC report, we wanted to note important clarifications…
Analysis: Chubb’s New Conservation and Methane Standards Remain Inadequate but Should Exclude Support for EACOP Pipeline
New criteria falls short of aligning with 1.5°C San Francisco – In a SEC filing of “Additional Proxy Soliciting Materials” Chubb quietly updated its oil, gas, and conservation policies. RAN’s…
Banks financed fossil fuels by $6.9 trillion dollars since the Paris Agreement; $705 billion provided in 2023 alone; JP Morgan Chase, Mizuho, and Bank of America are worst 3 funders
Annual Banking on Climate Chaos report with an updated methodology offers the most accurate and comprehensive look at who’s bankrolling climate crisis (As seen in The Guardian, Financial Times, and…
Bank of America Faces Mounting Pressure Over Lack of Transparency on Continuing Support for Fossil Fuels: Calls for Accountability Grow from Bank’s Investors and from Frontline Communities
Protesters gather outside Bank of America Headquarters while climate resolutions seeking more disclosure on BOA lobbying and rates of fossil to clean financing receive strong shareholder support. April 24, 2024…
Rainforest Action Network Responds to Mondelēz’s Annual ESG Report
The consumer goods giant Mondelēz –– the maker of well-known brands like Oreos, Ritz crackers, and Cadbury chocolate –– released their annual Snacking Made Right ESG Report yesterday, providing updates…
Procter & Gamble Exposed for Failure to Fulfill Commitments to Restore Critical Rainforest Destroyed by Illegal Palm Oil Development in Indonesia
After P&G suppliers verified RAN’s evidence of illegal palm development in a wildlife reserve, P&G pledged to fix it. Now the company has abandoned its promises *Leuser Watch post published…
Massive Deforestation in Borneo Destroying Orangutan Habitat
Destruction Calls into Question “Zero-Deforestation” Commitment of World’s Largest Viscose Producer Jakarta, March 18, 2024 – Today, a coalition of leading environmental organizations have released the report Deforestation Anonymous that sheds…