#divest Archives - Page 4 of 4

Show up to tell Bank of America to stop banking on pollution and climate chaos.

by DrewAction, allies, Home April 21, 2022April 21, 2022Comments are Disabled

Last year, Bank of America committed to achieving “net zero emissions by 2050.” And earlier this month, they announced 2030 targets to reduce the emissions “intensity” from its investments. But the truth is that between 2016 and 2021, Bank of America provided $232 billion in lending and underwriting to the fossil fuel industry. That makes …

Wall Street’s Moment of Truth: Defund Climate Chaos

by DrewUncategorized April 4, 2022April 5, 2022Comments are Disabled

*Update* For the next eight weeks we’re taking the fight to the shareholder meetings of every major US bank and several major insurance companies. This is a real opportunity for change, because every single shareholder meeting will have a vote on whether or not to end support for fossil fuel expansion. If you want to …

Defund Formosa Plastics

by DrewAction, allies, Home March 23, 2022March 23, 20222 comments

Last year, every major US bank committed to achieving “net zero emissions by 2050.” But those same banks are continuing to fund the expansion of the fossil fuel industry. One of the most egregious examples of fossil fuel expansion is happening in St. James, Louisiana, where Formosa Plastics is trying to build a massive new …

Become a customer for climate justice and bank on action, not on climate change

by DrewAction, allies, Home March 14, 2022March 14, 20221 comment

Since the Paris Agreement was signed, Wall Street banks have loaned nearly $1.2 trillion to the fossil fuel industry. That money isn’t coming from the government, or from rich investors — it’s coming from regular customers with bank accounts and credit cards just like you and me. Now, customers like you and me are fighting …

Divest our Pension funds now!

by DrewAction, allies, Home June 15, 2021June 15, 2021Comments are Disabled

State and local pension funds – the retirement savings of people like firefighters, teachers and cops, among others – own most of the stock market, and are among the biggest investors in fossil fuels. If you add up all the pensions and public investments managed by cities, states and communities it’s hundreds of billions of …