This shareholder season, STMP launched the Wall Street’s Moment of Truth – People or Fossil Fuels campaign to push investors to support climate action at banks and insurance companies. Shareholder, or “AGM” (annual general meeting) season is a period roughly between April and June when publicly-traded companies hold their annual shareholder meetings. At these meetings, […]
Category Archives: In The News
04
May
May
Did you know that climate change poses a hidden threat to your investments, 401(k) accounts, and pensions? We’re all told that being financially responsible means investing in stocks and bonds, and saving for retirement. Here at Stop the Money Pipeline we also consider saving the planet to be saving for our futures. Unfortunately, if the […]
In The News, Press Release
Stop the Money Pipeline Coalition Members Respond to Climate Votes at Bank of America, Citi, Wells Fargo Shareholder Meetings
26
Apr
Apr
FOR IMMEDIATE RELEASE: Tuesday, April 26, 2022 Contact: Laurel Sutherlin [email protected], 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 […]
In The News, Press Release
Over 35,000 Customers of Wall Street Banks Demand an End to Fossil Fuel Financing
05
Apr
Apr
FOR IMMEDIATE RELEASE: April 5, 2022 Contact: Sarah Lasoff, [email protected], 818-929-8777 Over 35,000 Customers of Wall Street Banks Demand an End to Fossil Fuel Financing New “Customers for Climate Justice” campaign an escalation of consumer pressure on the major banks driving the climate crisis Supported by coalition of 200 national groups across North America New […]
04
Apr
Apr
FOR IMMEDIATE RELEASE April 4, 2022 Contact: Jackie Fielder, [email protected] 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 […]
In The News, Press Release
200+ Organizations to Push for Yes Votes on Climate Resolutions at Financial Firms this AGM Season
29
Mar
Mar
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, [email protected] This April and May, a slate of shareholder resolutions will be voted on […]
FOR IMMEDIATE RELEASE *Interviews available January 19, 2022 Contact: Jackie, [email protected] 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 […]
It’s been quite the year for all of us at Stop the Money Pipeline. On the one hand, the climate crisis has only escalated ― 2021 was yet another year of historic wildfires, floods, droughts and hurricanes across the world. Yet, on the other hand, the climate movement continues to grow in power and influence. […]
FOR IMMEDIATE RELEASE *Interviews available December 16, 2021 Contact: Jackie Fielder, [email protected] 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 […]