Category Archives: In The News

Morgan Stanley’s Climate Commitment Needs to Go Further

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 […]

“Defund the Police” and “Divest from Fossil Fuels” Go Hand-In-Hand

This blog post was written by two Stop the Money Pipeline steering committee members, Moira Birss, Climate & Finance Director at Amazon Watch, and Jamie Henn, coordinator of the STMP communications working group.  Should climate activists get behind defunding the police?  It’s a question that’s being asked across the climate justice movement as the Movement […]

Chase Lends to Fossil Fuels Companies — But Not Black Communities

Protests are underway at Chase bank branches in the city of Chicago, where a recent report showed that of the $7.5 billion in home purchase loans Chase has provided since 2012, only 1.9% has gone to Black neighborhoods. “If your dollar goes into [Chase] Bank … you are funding your oppression,” said activist Ja’Mal Green, […]

Divest from Racism, Invest in Justice

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 […]

Mnuchin’s Big Oil Bailout

TAKE ACTION 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 […]