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Category Archives: In The News

Inside Climate News: Costco Members Welcome New CEO With a Party

Costco Members Welcome New CEO With a Party—and a Demand to Drop Citibank Activists pressing the retailer to stop partnering its credit card with the world’s second-biggest fossil fuel financier test whether big companies can push banks to divest from oil, gas and coal. By Keerti Gopal for Inside Climate News January 18, 2024

Costco receives climate petition over links to Citi

Media contacts:  Judith Crosbie judith.crosbie@sunriseproject.org  9295843344 In Issaquah: Caroline Henderson 6033557039 Climate action at Costco HQ to take place at: 8.45am (Pacific Time) 730 lake drive, Issaquah   MEDIA STATEMENT Costco to receive climate petition over links to Citi as new data shows spike in Costco’s carbon cash footprint Costco shoppers, shareholders and climate activists […]

Blog: Why Costco Should Clean Up Its Citi Credit Card

BLOG: Why Costco Should Clean Up Its Citi Credit Card Costco is in a pickle (and we’re not talking about free samples): they’re partnered with Citibank, one of the world’s dirtiest banks. Since 2016, Citi has funneled a staggering $332 billion into new fossil fuel investments. As the third largest retailer in the US, Costco, […]

Treasury issues principles for financial climate transition plans

FOR IMMEDIATE RELEASE September 20, 2023 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com   Climate groups respond to Treasury’s principles for climate transition plans   WASHINGTON D.C. – Yesterday, Treasury Secretary Janet Yellen unveiled Principles for Net-Zero Financing & Investment and received a range of disappointed responses from members of Stop the Money Pipeline coalition.  In the spring, […]

Chaos at Citibank, as Global Headquarters Shut Down for Over an Hour, 24 Arrested

Chaos at Citibank, as Global Headquarters Shut Down for Over an Hour, 24 Arrested  30 arrested in 2 days of protests against CitiBank and BlackRock, top financiers of oil and gas, in the lead up to Climate Week  [Click here for photos & video] NEW YORK — On Thursday, September 14th, protesters shut down Citibank’s […]

Memo: Federal Reserve Ignoring Systemic Climate Financial Risks

Memorandum: Federal Reserve Ignoring Systemic Climate Financial Risks Re: Omitting biggest growing structural shift in global economy recipe for disaster Date: Wednesday, August 23, 2023 Contact: Eren Ileri,  erencan.ileri@sunriseproject.org   The Federal Reserve Bank of Kansas City is set to host its 45th annual Economic Policy Symposium titled “Structural Shifts in the Global Economy” in Jackson Hole, Wyoming, starting […]