Wells Fargo is the Last of the Big US Banks to Set 2030 Emissions Targets
None Have a Plan for Phasing out Fossil Fuel Finance Contact: Gabby Brown, gabby.brown@sierraclub.org Today, Wells Fargo announced new 2030 targets to reach its commitment to net-zero financed emissions by…
Citigroup Surpasses Peers With Absolute Emissions Reduction Target for Energy Finance, Still Fails to Rule Out Support for Fossil Fuel Expansion
Citigroup announced 2030 targets to reach its commitment to net-zero financed emissions by 2050. The plan includes commitments to reduce absolute financed emissions from the energy and power sectors by specific percentages.
Goldman Sachs Becomes the Latest US Bank to Set 2030 Emissions Targets Without Ruling Out Fossil Fuel Expansion or Committing to Absolute Emissions Reductions
Contacts: Christopher Herrera, christopher@ran.org Gabby Brown, gabby.brown@sierraclub.org New York, NY – Today, Goldman Sachs became the third major U.S. bank to set 2030 emissions reduction targets under its commitment to…
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.
Multinational Consumer Brands Procter & Gamble, Ferrero, Mondelez and Others Failing To Disclose Full Impact on Forests, Human Rights
New report evaluates ten of some of the largest consumer goods companies on their full impact on forests and communities in Indonesian Borneo San Francisco, CA – Amidst announcements from…
Unilever Discloses Impact of Palm Oil Supply Chain on Forests and Communities
Rainforest Action Network calls on Ferrero, Procter & Gamble, and Mondeléz to follow suit in urgent response to climate, human rights crises Today international consumer goods giant Unilever — maker…
Colgate-Palmolive Discloses Impact of Supply Chain on Forests and Communities
Rainforest Action Network calls on Ferrero, Procter & Gamble, and Kao to follow suit in urgent response to climate, human rights crises [San Francisco, CA] – International consumer goods giant…
Line 3 Construction Halted As Activists Lock Down, Charged with Felonies; National Support of Indigenous Fight Against Enbridge Pipeline Grows
As a sign of the growing national movement to stop the Enbridge Line 3 pipeline being built on the treaty territory of Anishinaabe peoples, activists from across the country are risking arrest to stop construction of this disastrous fossil fuel project. On Thursday, July 1, 2021, Rainforest Action Network Executive Director Ginger Cassady and others engaged in a peaceful civil disobedience to protest construction.
Cargill, Nestlé resumed palm oil sourcing in Guatemala despite legacy of violence and intimidation, advocates find
Washington DC – Cargill and Nestlé have resumed business with Guatemalan palm oil supplier REPSA (Reforestadora de Palma S.A.), whose links to corruption, bribery, violence, and intimidation forced the multinational…
Shareholders send MUFG a stark climate warning
June 29, 2021: June 29, 2021: At its AGM today in Tokyo, 23% of shareholders issued a major climate warning to Mitsubishi UFJ Financial Group (“MUFG”) management by voting in…