News
Category: Press Releases
Letter calling on global finance to exclude all Russian fossil fuel firms
In solidarity with Ukraine, a coalition of NGOs and groups around the world are calling on financial institutions with money in Russian oil, gas, and coal to cut all ties with Russian companies, and to stop propping up Putin’s illegal war on Ukraine.
New report: Wall Street is triggering a climate financial crisis
It’s stunning. US banks and investors are responsible for roughly the same amount of emissions as all of Russia. It’s just one shocking finding from a report from the Center for American Progress (CAP) and the Sierra Club studying the carbon footprint of US banks and asset managers.
Reclaim Finance calls on Natwest for specifics on coal phase out
Below is Reclaim Finance’s response to Natwest’s new coal policy:
NatWest, a sponsor of the COP26 summit and a member of the Net-Zero Banking Alliance, has just announced new measures regarding its support to the coal sector.
New global study shows Canada’s banking bosses are too conflicted to take climate change seriously
The directors of Canada’s top five banks hold more extensive ties to polluting industries than their international counterparts, new analysis by DeSmog shows. This may prove a barrier to taking specific steps to decarbonise their financing, as they have publicly promised.