Palm oil supplier to major brands including Procter & Gamble, Nestle, Mondelez, and Colgate-Palmolive slow to implement meaningful reforms Washington, D.C.— On March 31, 2021 the Fair Labor Association (FLA)…
April 2, 2021
March 28, 2021
Japan’s Largest Bank Targeted by Climate Resolution: Mitsubishi UFJ Financial Group told to align with Paris
TOKYO, Japan, March 29 2021: Japanese NGO Kiko Network, along with three individual investors, have just filed Japan’s second ever climate resolution on a Japanese financial institution, this time on…
March 23, 2021
New Report: World’s 60 Largest Banks Have Poured $3.8 Trillion Into Fossil Fuels Since Paris Agreement; Climate Groups Sound Alarm as Financing for Fossil Fuel Expansion Continues to Rise
Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016 *** Read report here: http://www.bankingonclimatechaos.org/ *** Released today, the 12th edition of the most…
March 19, 2021
A Community Centered Response to Violence Against Asian American Communities
Rainforest Action Network has signed this statement in solidarity. Individuals and organizations are encouraged to sign on here. On March 16, eight people were killed at three different spas in North…
March 15, 2021
Citi Becomes First U.S. Bank to Restrict Financing for Companies Expanding Coal Power
RAN says significant step forward with major loophole Citigroup has issued today an updated Environmental and Social Policy Framework. The framework contains important new language further restricting its lending, underwriting…
March 8, 2021
Wells Fargo Last of the 6 U.S. Megabanks to Issue Long-Term Climate Commitment; Climate Advocates Call for 2021 Action to Match 2050 Pledge
Responding to Wells Fargo’s “net zero by 2050” commitment today, Paddy McCully, Climate and Energy Program Director with Rainforest Action Network, issued the following statement. “2050 commitments can only be…
March 4, 2021
Goldman Sachs Latest Major Bank to Issue ‘Net Zero by 2050’ Climate Commitment; RAN Responds
Today, Goldman Sachs announced a commitment to align its “financing activities with a net zero by 2050 pathway,” including by setting “interim business-related climate targets by the end of 2021.” …
March 1, 2021
Minnesota Line 3 Pipeline Opponents Stage Protest Actions at Local Chase Bank Branches
***FOR IMMEDIATE RELEASE *Photos and interviews available on request March 1st, 2021 Dozens of concerned citizens target 5 separate Chase branches across the Twin Cities Twin Cities, MN – Today,…
March 1, 2021
Citi Latest Bank to Issue 2050 “Net Zero” Climate Commitment; Climate Advocates Call for Immediate Action to Match Long-term Pledge
Responding to Citi’s climate announcement today, Jason Opeña Disterhoft, Senior Climate and Energy Campaigner with Rainforest Action Network, issued the following statement. “2050 commitments should only be taken seriously if…
February 11, 2021
Bank of America Climate Announcement All Future Aspiration and No Immediate Action
Bank of America today becomes the second of the big six U.S. banks to commit to net zero financed emissions by 2050. While this is a welcome first step, to…