Five Reasons Why Morgan Stanley is RAN’s Next Target Bank on Coal Finance
Today, RAN announced our next bank target on coal financing: Morgan Stanley. With Bank of America and Credit Agricole already taking major steps away from financing coal and the Paris…
Tell big banks: Don’t cash in on Coal India
In the next week, Coal India, the world’s biggest coal company, is trying to cash in with a big share offering — despite a long record of appalling human rights…
The Guardian: Banks and pension funds continue to bankroll deforestation and land grabs
“Loans and bonds backing palm oil expansion have been steadily increasing over the past five years, amounting to tens of billions of dollars per year,” says Tom Picken of the…
Don’t let Big Coal destroy the Great Barrier Reef
Thanks to your pressure, several of the world’s largest banks have said “no” to financing a huge coal project that would put Australia’s Great Barrier Reef at risk.1 But now, news…
Forests and Finance: New Cash for Conflict Palm Oil
RAN briefing finds pending $900 million deal threatens forests, peatlands and communities across Indonesia. Indonesian palm oil firm BW Plantation (BWPT) approved last week a USD $900 million share rights…
Coal is Poisoning the Cape Fear River
This month, 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…
Time for France’s Biggest Bank to Stop Funding Mountaintop Removal Coal
This post is by Ben Collins of RAN and Yann Louvel of BankTrack. The campaign to stop bank financing of mountaintop removal coal mining is gaining momentum. For years, RAN…
Bank of America and Drummond Coal in Colombia
This blog post has been updated. This month, Rainforest Action Network and three allies testified at Bank of America’s annual shareholder meeting, urging them to drop coal, to stop profiting…
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…