Breaking: Big banks who have made net-zero commitments and joined NZ alliances have provided more than $269 billion to fossil fuel expansionists
More focused on greenwashing then being part of the solution to the climate crisis.
#GFANZ #NetZero
stand.earth/press-releases…
More focused on greenwashing then being part of the solution to the climate crisis.
#GFANZ #NetZero
stand.earth/press-releases…
Top fossil fuel expansion financiers include @RBC @Citi @BMO and @BankofAmerica.
RBC: $9.8 billion
Citi: $30.5 billion
BOA: $22.8 billion
BMO: $5.5 billion
All going into companies building new fossil fuel infrastructure when we should be phasing down usage.
RBC: $9.8 billion
Citi: $30.5 billion
BOA: $22.8 billion
BMO: $5.5 billion
All going into companies building new fossil fuel infrastructure when we should be phasing down usage.
Asset managers like @BlackRock aren't any better. The biggest members of the Net-Zero Asset Managers alliance held at least US$847 billion of stocks and bonds in 201 major fossil fuel expansionist companies as of September 2022
Check out the full report lead by @ReclaimFinance here:
It's chock-full of great, but depressing stats, and a ton of work that the team at Reclaim have pulled together.
reclaimfinance.org/site/en/2023/0…
It's chock-full of great, but depressing stats, and a ton of work that the team at Reclaim have pulled together.
reclaimfinance.org/site/en/2023/0…
• • •
Missing some Tweet in this thread? You can try to
force a refresh
