BREAKING: Bank of America dumps coal mining
After years of pressure on Bank of America, they just announced a new coal mining policy: “Our new policy … reflects our decision to continue to reduce our credit exposure…
Bank of America Campaign Timeline
Bank of America has gone from being the top bankroller of coal to having the strongest global coal mining policy of any major global bank. That’s the result of years…
BREAKING: Bank of America dumps coal mining in sweeping new policy
Bank once labeled “Bank of Coal” announces broad commitment scaling down financial involvement in coal mining globally Charlotte, NC—Bank of America unveiled a new global coal mining policy today committing…
Banks and Pension Funds Continue to Bankroll Deforestation and Land Grabs
“Since the financial crises of 2007-2008, land and the commodities grown on it have been hugely attractive to a more risk averse investment community. But palm oil in particular, with…
Barclays Ends MTR Funding
“The decision by Barclays follows similar policy changes by PNC Bank, JP Morgan, Wells Fargo, BNP Paribas, RBS and UBS. But campaigners said the Barclays decision was the most significant…
Barclays cuts ties with mountaintop removal coal, says MTR will be “phased out” soon
Barclays was the world’s top lender to mountaintop removal coal firms prior to announcing new policy Barclays PLC, the number one bankroller of mountaintop removal (MTR) coal mining worldwide in 2013,…
Tweet to protect the Great Barrier Reef
The U.S. government’s Export-Import Bank wants to finance a huge coal project that would put Australia’s Great Barrier Reef at risk. We are calling on Fred Hochberg, Chair of the…
PNC Bank Policy on Mountaintop Removal a Positive Step
FOR IMMEDIATE RELEASE: March 2, 2014 contact: Claire Sandberg, 646-641-6431, claire@ran.org Today PNC Financial Services Group joined the growing ranks of financial institutions that have officially sanctioned the coal mining practice known as…
RAN Slams Citigroup Over Greenwashing
Citigroup’s new clean energy commitment fails to reduce fossil fuel exposure In response to the announcement today of Citigroup’s five-year sustainability strategy and ten-year sustainability financing commitment, Rainforest Action Network…