Category Archives: In The News
Jan
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
Jan
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 […]
Sep
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, […]
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, […]
In The News, Press Release
Chaos at Citibank, as Global Headquarters Shut Down for Over an Hour, 24 Arrested
Sep
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 […]
Aug
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 […]
Biden, In The News, Press Release
New Treasury Climate Counselor Must Act Immediately to Address Climate Financial Risk and Climate Finance
Jul
FOR IMMEDIATE RELEASE July 28, 2023 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com New Treasury Climate Counselor Must Act Immediately to Address Climate Financial Risk and Climate Finance WASHINGTON D.C. – Today, members of the Stop the Money Pipeline coalition reacted to the news of Ethan Zindler’s appointment to serve as Climate Counselor to Secretary Janet Yellen and to lead the Treasury […]
Jun
Greetings from New York, where the sky is orange and the air quality index hit a staggering 484 on Wednesday afternoon – nearly 200 points higher than what is considered hazardous for all living beings. The immediate cause of this crisis is wildfires in Canada, the real cause is the climate crisis. New York is […]
May
FOR IMMEDIATE RELEASE Thursday, May 18, 2023 Media contact: Austin Miller, austin@stopthemoneypipeline.com CITI WINS PRESTIGIOUS AWARD FOR GREENWASHING Citi has been named the number 1 bank for greenwashing based on its outstanding record for failing to address climate change. Citi’s chief sustainability officer Val Smith was awarded the accolade during a Politico forum on energy […]