Morgan Stanley Sets 2030 Emissions Targets, But Fails to Rule Out Financing for Fossil Fuel Expansion
Morgan Stanley’s targets sidestep the IEA’s key finding that net zero means no fossil fuel expansion. It’s past time for intensity-only targets. We need absolute emissions cuts and clear client criteria: no support for companies expanding fossil fuels and a clear date for requiring clients to exit the sector.
[OCT 2021 Update] Who’s banking the Coastal GasLink pipeline?
The short version In 2020, 27 banks from around the world took part in a CAD $6.8 billion (USD $4.8 billion) project finance loan to fund the construction of the…
These Chase Executives are Profiting Off the Climate Crisis
In March, we exposed the 60 banks that have poured $3.8 trillion into fossil fuel financing: Can you guess who’s ranked the world’s WORST funder of fossil fuels? JPMorgan Chase…
With Jamie Dimon’s annual letter, JPMorgan Chase continues to fail on climate
New York, NY — Today, JPMorgan Chase (JPMC) CEO Jamie Dimon released his influential annual letter to shareholders. In Dimon’s longest letter so far, a major focus is on how…
Onward
We need to move forward for racial justice, move forward to keep forests standing, and move forward to halt climate catastrophe. Of course, we can’t simply forget the past four…
Indigenous-led Actions Across the Nation Demand an End to Tar Sands Pipelines
On October 2, hundreds of people around the globe joined together to demand that Chase, Liberty Mutual, and other financial institutions stop backing the destructive tar sands sector and respect…
Liberty Mutual Slammed for Enabling the Climate Crisis
New analysis reveals weaknesses and loopholes in Liberty’s sustainability policy Boston, MA (October 15, 2020) — Liberty’s current climate policies and practices are not in line with keeping global warming below…
