Case Study: The Arctic Refuge
This blog was originally published as a case study in “Banking on Climate Chaos: Fossil Fuel Finance Report 2021” — a report by Rainforest Action Network, BankTrack, Indigenous Environmental Network,…
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.” …
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…
JPMC Commits to Align with Paris Climate Accord; Watchdog Group Warns Commitment Falls Far Short
Following years of campaigning against world’s largest banker of climate chaos, Rainforest Action Network responds to news of company’s Paris Alignment commitment SAN FRANCISCO, CA — In response to the…
Fracking Fiasco: The Banks That Fueled the U.S. Shale Bust
New report names Wells Fargo and JPMorgan Chase as main players pouring big money into troubled industry San Francisco – A new report by Rainforest Action Network (RAN) and Oil…
Global Climate Groups Issue Guidance To Finance Giants on Aligning with Paris Agreement Goals
‘Paris Principles’ document lays out steps needed to transform finance commitments into action The world’s biggest banks, insurers and money managers are under pressure from the public, politicians and their…
