FOR IMMEDIATE RELEASE January 24, 2023 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Stop the Money Pipeline coalition members respond to investors filing climate shareholder resolutions at major US and Canadian banks Resolutions call for top banks and insurance companies to make significant progress on their climate commitments; will require support from major asset managers and other […]
Author Archives: Jackie Fielder
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FOR IMMEDIATE RELEASE September 29, 2022 Media contact: Jackie Fielder, jackie@stopthemoneypipeline.com Fed taps six largest US banks for pilot climate scenario analysis Today the Federal Reserve announced that Wells Fargo, Bank of America, Citigroup, Morgan Stanley, Goldman Sachs, and JP Morgan Chase will be participating in a climate scenario analysis that “will help identify […]
Biden, In The News, Press Release
Banks threaten to abandon climate commitments; bank CEOs grilled in Congressional hearing
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FOR IMMEDIATE RELEASE September 21, 2022 Media contact: Jackie Fielder, jackie@stopthemoneypipeline Climate groups excoriate banks for threatening to abandon climate commitments; bank CEOs grilled in Congressional hearing Today Financial Times, Reuters and Bloomberg reported that JPMorgan Chase & Co., Morgan Stanley, Bank of America and other unnamed US banks are threatening to leave the Glasgow […]
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FOR IMMEDIATE RELEASE July 28, 2022 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Climate groups respond to bombshell investor report on banks’ climate goals Today the Institutional Investors Group on Climate Change (IIGCC) dropped a bombshell report that found 27 giant banks in North America, Europe, and Asia are failing the climate goals of the Paris Agreement. […]
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FOR IMMEDIATE RELEASE July 28, 2022 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Climate groups respond to news of FSOC Climate Hub Today in its regular meeting, the Financial Stability Oversight Council, or FSOC, announced that the Office of Financial Research has launched a new Climate Data and Analytics Hub pilot program, “a new tool to […]
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FOR IMMEDIATE RELEASE July 19, 2022 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Climate groups respond to Yellen statement on FSOC and climate In Bali last Saturday, Treasury Secretary Janet Yellen told reporters that the Financial Stability Oversight Council (FSOC) is “not really a direct tool to address climate change.” This directly contradicts earlier commitments made by […]
Biden, In The News, Press Release
Indigenous leaders and climate groups respond to West Virginia vs. EPA
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Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Today the U.S. Supreme Court issued a rule that limits the EPA’s ability to regulate greenhouse gasses from the power sector using a specific provision of the Clean Air Act. Earlier this year, the Intergovernmental Panel on Climate Change stated that existing and planned fossil fuel projects are more than the […]
FOR IMMEDIATE RELEASE June 22, 2022 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Stop The Money Pipeline Coalition Responds to IEA’s Energy Report Today the International Energy Association (IEA) issued its seventh World Energy Investment (WEI) report, which includes an assessment of the adequacy of investment flows and commitments to meet the goal to limit the rise in […]
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This shareholder season, STMP launched the Wall Street’s Moment of Truth – People or Fossil Fuels campaign to push investors to support climate action at banks and insurance companies. Shareholder, or “AGM” (annual general meeting) season is a period roughly between April and June when publicly-traded companies hold their annual shareholder meetings. At these meetings, […]
FOR IMMEDIATE RELEASE Monday, May 23, 2022 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com MEMO: One year since President Biden’s Executive Order on Climate Finance, progress is minimal One year ago, President Biden issued an executive order that solidified the administration’s commitment to using all of the federal government’s resources and authority to combat the threat […]
