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Category Archives: Press Release

Coalition of 240+ Organizations to Push for Yes Votes on Climate, Indigenous Rights Shareholder Resolutions at Financial Firms

For Immediate Release Wednesday March, 01 2023 Contact: Arielle Swernoff: arielle@stopthemoneypipeline.com, Ginny Cleaveland: ginny.cleaveland@sierraclub.org, Coalition of 240+ Organizations to Push for Yes Votes on Climate, Indigenous Rights Shareholder Resolutions at Financial Firms Resolutions at major North American banks and several insurers push companies to phase-out financing of fossil fuel expansion, protect Indigenous rights, and institute better climate […]

Investors file climate shareholder resolutions at major US and Canadian banks

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 […]

Banks threaten to abandon climate commitments; bank CEOs grilled in Congressional hearing

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 […]

“Blame Wall Street” for Role in Climate Disaster

*FOR IMMEDIATE RELEASE* Thursday, September 8, 2022 Contact: Shawna Foster, shawna@ran.org 402-214-3014 “Blame Wall Street” for Role in Climate Disaster New campaign to highlight financial systems structural role in extreme weather, pollution and climate crisis Lethal heat waves. Wildfires. Hurricanes. Flooding.  Wall Street is fueling extreme weather events around the globe by funneling billions of […]

Investors: banks failing climate goals

Billows of smoke rise over hazy industrial landscape

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. […]

Climate groups respond to news of FSOC Climate Hub

Treasury building in Washington, D.C. on a cloudy day.

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 […]

Climate groups respond to Yellen statement on FSOC and climate

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 […]

Indigenous leaders and climate groups respond to West Virginia vs. EPA

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 […]

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

FOR IMMEDIATE RELEASE: Tuesday, April 26, 2022 Contact: Laurel Sutherlin laurel@ran.org, 415.246.0161 Stop the Money Pipeline Coalition Members Respond to Climate Votes at Bank of America, Citi, Wells Fargo Shareholder Meetings New York, NY ― This morning, shareholders at Citi, Bank of America, and Wells Fargo voted 12.8%, 11%, and 11%, respectively, in support of […]