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Category Archives: In The News

New Treasury Climate Counselor Must Act Immediately to Address Climate Financial Risk and Climate Finance

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 […]

Blog: Orange skies over New York

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 […]

Press Release: Citibank Wins Prestigious Award for Greenwashing

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 […]

Climate groups urge Treasury to hold Wall Street accountable for transition plans in light of investor pressure

FOR IMMEDIATE RELEASE Wednesday, May 17, 2023 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com   Climate groups urge Treasury to hold Wall Street accountable for transition plans in light of investor pressure WASHINGTON D.C. – In light of the results at the 2023 shareholder season of major US Banks, environmental and consumer advocacy groups in the Stop the […]

Citi and KKR: Financing Climate Destruction and Environmental Racism

If you look at Citi’s marketing and PR, you’d be mistaken for thinking this is a company that cares about the climate crisis and racial equity. Jane Fraser talks a good game about climate commitments and equity, but LEED-certified buildings and diverse models on the website aren’t enough.  Citi paints itself as a climate champion, […]

Stop the Money Pipeline Coalition Members Respond to Climate Votes at Bank of America, Citi, Wells Fargo Shareholder Meetings

Stop the Money Pipeline Coalition Members Respond to Climate Votes at Bank of America, Citi, Wells Fargo Shareholder Meetings   FOR IMMEDIATE RELEASE: Tuesday, April 25, 2023 Contact: Arielle Swernoff, arielle@stopthemoneypipline.com New York, New York – Shareholder meetings at Citi, Bank of America, and Wells Fargo this morning demonstrated that Wall Street is simply incapable […]

More than 1,300 Scientists Call on JPMorgan Chase Shareholders to Vote in Favor of Fossil Fuel Phase Out

For Immediate Release: Monday April 10, 2023 Contact: Sanjali De Silva, +1 303-396-7325, SDeSilva@ucsusa.org.  More than 1,300 Scientists Call on JPMorgan Chase Shareholders to Vote in Favor of Fossil Fuel Phase Out WASHINGTON—More than 1,300 scientists have signed a letter calling on shareholders of JPMorgan Chase to vote “yes” on Proposal 6, a resolution asking […]

36,000+ people and 118 organizations urge State Treasurers and public pensions to support climate and Indigenous rights shareholder resolutions at bank and insurance companies’ Annual General Meetings

For Immediate Release: Wednesday April 5, 2023 Contact: Alec Connon, alec@stopthemoneypipeline.com, 206-258-9176  36,000+ people and 118 organizations urge State Treasurers and public pensions to support climate and Indigenous rights shareholder resolutions at bank and insurance companies’ Annual General Meetings Today, 118 climate, environmental, and human rights organizations, representing millions of members and including the groups […]

Mets Fans and PA Jumaane Williams Demand Mets Strike Out Citi for its Role in Climate Crisis

For Immediate Release: Media Contact: Renata Pumarol renata@climateorganizinghub.org 646.462.9281   Mets Fans and PA Jumaane Williams Demand Mets Strike Out Citi for its Role in Climate Crisis Citi, which has stadium-naming rights until 2028, is the second-largest financier of fossil fuels;  Activists slammed Citi claiming the bank is “ torching our planet every day and giving […]

Advocacy Groups Respond to Bank, Insurance Proxy Statements Opposing Climate & Indigenous Rights Resolutions

FOR IMMEDIATE RELEASE: Friday, March 17, 2023 Media contact: Arielle Swernoff, arielle@stopthemoneypipeline.com, 925-262-3004 (Eastern Time) Advocacy Groups Respond to Bank, Insurance Proxy Statements Opposing Climate & Indigenous Rights Resolutions Climate groups call out Citi, Bank of America, Wells Fargo, RBC, and others for greenwashing  New York, NY – This past week, Citi, Bank of America, […]