With key financial decision points looming on the Keystone XL, Line 3, and Trans Mountain pipelines, an open letter calls for policies respecting Indigenous rights and ruling out tar sands October 19, 2020 – This week, over 40 Indigenous women from communities impacted by tar sands sent an open letter to 70 major banks, insurers, and […]
Category Archives: Press Release
06
Oct
Oct
JPMorgan Chase Can’t Be Paris Aligned If It’s Still Funding Fossil Fuels Members of Stop the Money Pipeline, a coalition of over 130 groups working to end the financing of climate chaos, respond to JPMorgan Chase’s “Paris-Alignment” announcement JPMorgan Chase, the world’s largest banker of fossil fuels, announced this afternoon that it is committing to […]
In The News, Press Release
Nationwide Protests at Financial Institutions Call for An End to Funding for Tar Sands Pipelines
02
Oct
Oct
Activists target JP Morgan Chase, Liberty Mutual, and BlackRock for funding the Line 3, Trans Mountain, and Keystone XL Pipelines Dozens of events took place across the country today as part of “Stop Funding Tar Sands: Day of Solidarity with Frontline Communities,” an international day of demonstrations against the financing of tar sands pipelines that […]
Press Release
Friday, Oct 2: Protests Will Target Financial Institutions Backing Tar Sands Pipelines
29
Sep
Sep
Activists target JP Morgan Chase, Liberty Mutual, and BlackRock for funding the Line 3, Trans Mountain, and Keystone XL pipelines Stop the Money Pipeline, a coalition of over 130 organizations working to end the financing of climate destruction, is hosting a Day of Action this Friday, October 2 to pressure major financial institutions to stop […]
09
Sep
Sep
This morning, the Commodity Futures Trading Commission issued its report on the risks that the climate emergency poses to the financial system. The report, Managing Climate Risk in the U.S. Financial System, warns of the grave threats that climate change poses to financial markets and institutions. It fails to mention, however, the threat that financial […]
20
Jul
Jul
New York, NY — Morgan Stanley announced today that it will become the first major American bank to track and report the greenhouse gas emissions from its loans and investments as part of the bank’s own contribution to the climate crisis. According to reporting by Politico, Morgan Stanley will join the Partnership for Carbon Accounting […]
03
Jun
Jun
Stop the Money Pipeline is a coalition of over 100 organizations working together to pressure financial institutions to stop financing climate destruction and start respecting Indigenous sovereignty and human rights. There is no human right more fundamental than the right to live. We stand in solidarity with all those who are demanding justice for the […]
05
May
May
Climate, social justice, and progressive groups applaud the new ReWIND Act as an important measure to prevent a Big Oil Bailout WASHINGTON, D.C. — Hundreds of environmental, social justice, labor, and progressive organizations applauded the release of the ReWIND Act, new legislation introduced today that would block a Big Oil Bailout and ensure relief money […]
Press Release
Under Pressure, JP Morgan Chase Demotes Former Exxon CEO Lee Raymond from Board Leadership Role
02
May
May
New York, NY — Bowing to pressure from climate and shareholder activists, JP Morgan Chase will be demoting former Exxon CEO Lee Raymond from his Lead Independent Director position on the bank’s board. The news was buried in a filing with the SEC released on Friday. Stop the Money Pipeline, a coalition of over 100 […]
Press Release
Mnuchin’s Big Oil Bailout will Line the Pockets of CEOs Instead of Helping American Families
30
Apr
Apr
Washington, D.C. — Environmental groups expressed outrage on Wednesday evening at the news that the Trump Administration is moving forward with a bailout for oil and gas companies instead of prioritizing direct aid to American families and workers who have lost their jobs due to the coronavirus pandemic. “Big Oil is looking to steal as […]