FOR IMMEDIATE RELEASE April 4, 2022 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Climate finance groups call on financial institutions to heed IPCC report urging world to stop using fossil fuels Report comes ahead of shareholder votes on fossil fuel expansion at six largest U.S. banks and major insurance companies Today the Intergovernmental Panel on Climate […]
Category Archives: Press Release
Resolutions at six largest U.S. banks and several major insurers push companies to cease financing or insuring expansion of fossil fuels Resolutions a “litmus test” for investors, including BlackRock and Vanguard FOR IMMEDIATE RELEASE: March 28th, 2022 Media contact: Jackie Fielder, jackie@stopthemoneypipeline.com This April and May, a slate of shareholder resolutions will be voted on […]
FOR IMMEDIATE RELEASE March 21, 2022 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Climate groups react to SEC Climate Disclosure Rule WASHINGTON D.C. — Today the Securities and Exchange Commission (SEC) proposed amendments to its climate disclosure rule that would enhance and standardize businesses’ climate-related disclosures for investors. Member organizations of the Stop the Money Pipeline coalition […]
FOR IMMEDIATE RELEASE *Interviews available January 19, 2022 Contact: Jackie, jackie@stopthemoneypipeline.com Stop the Money Pipeline coalition members respond to Citigroup’s new climate targets NEW YORK — Today Citigroup launched its initial roadmap to achieve net-zero in its energy and power portfolios. With these targets, Citigroup becomes the first major US bank to set […]
FOR IMMEDIATE RELEASE *Interviews available December 16, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Stop the Money Pipeline coalition members respond to Goldman’s new climate targets NEW YORK — Today Goldman Sachs launched an updated climate report with targets that sidestep reductions in greenhouse gas emissions and opt for reductions in carbon intensity. Despite today’s commitment […]
FOR IMMEDIATE RELEASE December 13, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Climate groups blast ALEC for legislation against fossil fuel divestment and regulation SAN FRANCISCO — On December 3rd, the Center for Media and Democracy reported that the American Legislative Exchange Council voted to support two pieces of model legislation attacking fossil fuel divestment titled […]
FOR IMMEDIATE RELEASE November 22, 2021 Contacts: Jackie Fielder, jackie@stopthemoneypipeline.com Climate and finance groups react to Biden’s Federal Reserve Chair Nominations WASHINGTON DC — Today, President Joe Biden announced the re-nomination of Jerome Powell as Federal Reserve Chair, and Lael Branaird as Vice Chair. The White House also said today it plans to fill three […]
FOR IMMEDIATE RELEASE November 9, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Climate groups call out banks lobbying for watered down Net Zero Commitments Stop the Money Pipeline organizations respond to news that on behalf of a group of 12 banks, HSBC lobbied Mark Carney’s GFANZ to scrap mandatory science-based targets and delay a deadline NEW […]
FOR IMMEDIATE RELEASE November 3, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Climate groups respond to Climate Finance Day announcements at COP26 Stop the Money Pipeline organizations respond to Morgan Stanley’s new 2030 targets, the British Treasury’s new requirements GLASGOW — Today, private and public institutions released new net zero targets and strategies on “Climate Finance Day” […]
FOR IMMEDIATE RELEASE: November 3, 2021 Contact: Jackie Fielder, jackie@stopthemoneypipeline.com Jason Schwartz, jason.schwartz@thesunriseproject.org US lags further after British Treasury issues new fossil fuel finance standards GLASGOW — Today UK Chancellor of the Exchequer, Rishi Sunak, announced new requirements for firms to publish net zero transition and decarbonization plans in alignment with the goals […]