This op-ed was first featured on Marketwatch. By Jason Opeña Disterhoft U.N. Secretary-General Antonio Guterres recently called on banks and other financial firms to stop financing the expansion of fossil…
June 3, 2022
May 24, 2022
Chubb Shareholders Reject Management Recommendations on Key Climate and Director Votes
Newly-released vote tallies demonstrate broad investor concern on fossil fuel underwriting and emissions reductions Zurich, Switzerland // New York City, USA (May 24, 2022) – At the May 19 annual…
May 19, 2022
Rainforest Action Network Responds to Mars, Incorporated’s First-Ever Statement on Human Rights Defenders
Mars, the multinational corporation and maker of confectionery, pet food, and other products, just recently released its first official statement on Human Rights Defenders. Civil society has long pressured the…
May 19, 2022
At Chubb AGM, Insurance Giant Faced Demands for Climate Action on the Ballot and in the Streets
Action in Zurich Depicting Chubb CEO Greenberg Smearing the Planet with Fossil Fuels Shareholders pass resolution for transparency on emissions reductions, but stop short of calling for an end to…
May 5, 2022
Wells Fargo is the Last of the Big US Banks to Set 2030 Emissions Targets
None Have a Plan for Phasing out Fossil Fuel Finance Contact: Gabby Brown, gabby.brown@sierraclub.org Today, Wells Fargo announced new 2030 targets to reach its commitment to net-zero financed emissions by…
April 26, 2022
Stop the Money Pipeline Coalition Members Respond to Climate Votes at Bank of America, Citi, Wells Fargo Shareholder Meetings
This morning, shareholders at Citi, Bank of America, and Wells Fargo voted 12.8%, 11%, and 11%, respectively, in support of groundbreaking resolutions pushing the banks to end their support for…
April 25, 2022
At Bank AGMs, Wall Street’s Biggest Fossil Fuel Financiers Face Demands for Climate Action, in the Boardroom and in the Streets
Climate resolutions pose a litmus test for investors, including BlackRock and Vanguard Tomorrow, the first three of six major U.S. bank shareholder resolutions will be voted on at the Annual…
April 19, 2022
Liberty Mutual’s Annual Policyholder Meeting Ends after 6 Minutes; Executives Refuse to Address Fossil Fuel Business
In response, activists spotlighted Liberty Mutual’s role as a climate laggard at the RIMS RISKWORLD Conference Photos can be found here. Boston, MA // San Francisco, CA (April 15, 2022) –…
April 13, 2022
Bank of America is the Latest Bank to Set 2030 Emissions Targets With No Plan for Absolute Reductions or Phasing out Fossil Fuel Finance
Today, Bank of America announced new 2030 targets to reach its commitment to net-zero financed emissions by 2050. The interim targets set goals to reduce the emissions intensity from its…
April 12, 2022
BREAKING: Giant Banner Drop at Insurance Conference Spotlights Chubb’s Role as a Top Fossil Fuel Insurer
Photographs will be available here. San Francisco (April 12, 2022) – This morning, Indigenous Environmental Network and Rainforest Action Network dropped a giant banner outside the largest insurance conference in…