Fossil Fuel Financing reaches $6.9 Trillion since the Paris Agreement
Fossil fuels are a dead end for people and the planet. Big banks are financing them anyway. 2023 was the hottest year ever recorded, with an average global surface temperature…
Complicit: Bank of America, Human Rights, and Fossil Fuel Expansion
The brutal reality of climate chaos is being lived by millions of people around the world today, with its greatest burden borne by mostly BIPOC and low-income communities. Our global…
Complicit: Bank of America’s Role in Fossil Fuel Expansion and the Violation of Human Rights
Bank of America’s current policies and financing practices enable it to profit from climate chaos by leveraging the hard earned dollars of the individual customers it claims to care about, despite its stated commitment to respecting human rights and mitigating climate change.
These U.S. Banks Are Financing Climate Chaos through Fossil Fuel Expansion
We’ve heard lofty net zero promises over the last year from the top U.S. banks – Bank of America, JPMorgan Chase, Citi, Wells Fargo, Morgan Stanley, and Goldman Sachs. But…
Mountains, Water and Community
Last week, Rainforest Action Network and three allies testified at Bank of America’s annual shareholder meeting, urging them to drop coal, to stop profiting from environmental destruction and human rights…
Did You Hear The One About The Bank That Couldn’t Count?
Last week, Bank of America (BofA) admitted a huge accounting error—for several years, it claimed a whopping $4 billion more in capital than it actually has. The day BofA announced…
Extreme Coal – No Longer Business as Usual
For the first time since we began publishing coal finance report cards five years ago, we have an encouraging trend to report: Major banks have begun making noise about the…
5 Ways Our Network Is Saving the Planet
Dear friends, Early in the New Year, I received a text concerning my two nieces that read, “We are all safe but leaving town—state of Emergency declared in Charleston as…
Investor Summit: Bank of America puts our Climate at Risk
This post is by Yann Louvel, BankTrack Climate and Energy Campaign Coordinator. Earlier this month, Bank of America participated in the 2014 Investor Summit on Climate Risk as the “convening sponsor” of…
Banking on Coal: New BankTrack Report Highlights Bank Complicity in Global Coal Mining Boom
“Most innovative investment bank for climate change.” – Citigroup “Mak(ing) your life greener and help(ing) tackle climate change.” – Morgan Stanley “Financing a low carbon economy.” – Bank of America…