Jason Disterhoft, Climate and Energy Senior Campaigner at Rainforest Action Network: “This report should also make clear to investors in banks just how much climate risk there is in those…
US Banks Pledged to Fund Renewable Energy, But They Still Spend Way More on Fossil Fuels
“The sad reality is that the fossil fuel sector has only grown since Paris,” says Patrick McCully, climate and energy director for the Rainforest Action Network and one of the…
Banks pumped $1.9 trillion into fossil fuels since the Paris climate deal
“That expansion figure is particularly worrying for us,” says Alison Kirsch, lead researcher for the climate and energy program at the Rainforest Action Network, one of the nonprofits behind the…
JPMorgan’s Private Prison Pullback: A Generational Shift, or Low-Risk Lip Service?
The same cannot be said for industries like fossil fuels, which many banks have shown to consider too profitable to sacrifice in favor of ESG values. While pursuing sustainability initiatives…
Mongabay: Asian banks give billions to firms linked to deforestation, study finds
“Industries that cause the loss of rainforest and peatlands in Southeast Asia were bankrolled to the tune of $62 billion between 2013 and 2018, according to new data released by…
Occupy Jamie Dimon: Activists Are Chasing the Billionaire Across the U.S.
Jamie Dimon was on stage at a community college in Ohio in November, telling students not to get scared by the snakes and alligators they’ll see in life. A few…
Mother Jones: We Need To Talk About Palm Oil
“Emma Lierley, forest policy director at the Rainforest Action Network (RAN), echoed this sentiment. “The same problems are still happening in this industry,” she said. “Deforestation is continuing, threatened species…
Devex: Opinion: Why players such as RSPO matter to the global climate
“Last week, with relatively little fanfare, members of the world’s largest certification scheme for palm oil, the Roundtable on Sustainable Palm Oil (RSPO), voted to strengthen its sustainability standard. Palm…
Occupy Jamie Dimon: Activists Are Chasing the Billionaire Across the U.S.
But the spotlight on Dimon and his bank shines bright. In May, environmental activists set up their makeshift encampment on a street in downtown Seattle along with a sign: “Road…
Reuters: Palm oil body says it finds exploitative labor practices at Malaysia’s FGV
“With this decision, the RSPO has again failed to adequately hold accountable one of its member companies found guilty of widespread illegal labor violations,” said Robin Averbeck, Agribusiness Campaign Director…