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Category Archives: Press Release

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 […]

Over 35,000 Customers of Wall Street Banks Demand an End to Fossil Fuel Financing

FOR IMMEDIATE RELEASE: April 5, 2022 Contact: Sarah Lasoff, sarah@stopthemoneypipeline.com, 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 […]

STMP Response to IPCC Report

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 […]

200+ Organizations to Push for Yes Votes on Climate Resolutions at Financial Firms this AGM Season

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 […]

Climate groups react to SEC Climate Disclosure Rule

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 […]

Stop the Money Pipeline coalition members respond to Citigroup’s new climate targets

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 […]