Bankrolling Climate Destruction, by Rainforest Action Network

Check out this new report from our allies at Rainforest Action Network, written by REC Board Member Ben Collins.

From Ben:

When we started research on our new report, little did we know that Sandy would wreak havoc on its release day. But the sad fact is that storms like Sandy will become even more frequent and even more disruptive if we don't act fast to stem climate chaos.

Yesterday, Rainforest Action Network and BankTrack released our new report, Bankrolling Climate Disruption: The Impacts of the Banking Sector’s Financed Emissions, which spells out the swift action that the banking sector must take to account for and reduce its biggest impact on the climate: the emissions it finances. You can also read our blog post on the report here.

Keep in touch

Sign up to receive our updates and get access to all features of this website. Sign in with:

Latest from the blog

Jul 10, 2017
"Historic new research from CDP, voted no. 1 climate change research provider by institutional investors, in collaboration with the Climate Accountability Institute, today reveals that 71% of all global GHG emissions since 1988 can be traced to just 100 fossil fuel producers. This group is the source of 635 billion tonnes...
Mar 23, 2017
Congratulations to the activists at York University! "The York University Advisory Committee on Responsible Investment (YUACRI) has voted to recommend the University's divestment from arms manufacturers and fossil fuels. YUACRI was established in 2012 to integrate environmental, social and corporate governance (ESG) considerations into investment management processes and ownership practices...
Mar 15, 2017
"Columbia University, New York, will divest certain coal industry investments in support of addressing climate change, Lee Bollinger, the university president, said in a message posted on the university’s website. University trustees have agreed to divest from companies deriving more than 35% of their revenue from thermal coal production, he...