Patriot Coal: Another One Bites the Dust
Big news this week in the coal industry: Patriot Coal, the third-largest Mountaintop Removal (MTR) coal mining company, is filing for bankruptcy. Bank of America is among the banks providing…
Greenwash This: Dumping 500 lbs of Coal at Bank of America
This week, top Bank of America brass are in Rio for the UN Conference on Sustainable Development, shilling for the bank’s green image. Bank representatives are using the Rio +20…
Do We Need Natural Capital or Nature Without Capital?
As the Rio+20 ‘Earth’ summit gets underway, we’re hearing a slew of ‘sustainability’ pronouncements and declarations from the business sector, to illustrate their planet-saving intentions. One of these is the…
Bank Of America Chair Supports Sustainable Energy For Some at Rio+20
As governmental negotiations are faltering at the “Rio Plus 20” talks in Brazil, the Sustainable Energy for All initiative (SE4All) announced major commitments to sustainable energy from a wide variety…
Bank of America: Strong on Rhetoric, Weak on Climate & Coal
Bank of America released its new environmental initiative this morning, grandly declaring that “Today’s announcement builds on Bank of America’s legacy of leadership in the environmental arena.” While the bank’s…
Goldman Sachs Sets the Wrong Target
Last week I received an announcement from Goldman Sachs proudly promoting their latest Corporate Social Responsibility (CSR) report, highlighting efforts to address environmental, social and governance issues in 2011 and…
WestLB Takes A Brave Step In The Right Direction
This post is by Yann Louvel, BankTrack Climate and Energy Campaign Coordinator. Last month we got some promising news from WestLB, the German bank. They produced a new policy on…
LIVE STREAM: Watch the Bank of America Shareholder Meeting Protest
If you can’t be in Charlotte tomorrow to join the protest at Bank of America’s shareholder meeting, that doesn’t mean you have to miss all of the action. There will…
UPDATED Bank of America Shareholder Meeting Protests Underway
UPDATED: Wednesday, May 9th at 1:30 EST As Bank of America’s executives, board, and shareholders gathered at the bank’s shareholder meeting in Charlotte, NC, thousands of protesters took to the…
Bank of Coal: Bank of America Stadium Gets Renamed
As the largest financier of the U.S. coal industry, Bank of America should be called the “Bank of Coal.” So we decided to rename it. Today, five RAN activists scaled…