Posts Tagged with "banks"

People Power Is Changing Our Banking Behavior

Tuesday, November 8, 2011

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People Power Is Changing Our Banking Behavior

Over the last few weeks since we launched our “Not One More Dollar” campaign, thousands of you have committed to stop doing business with Bank of America until the bank quits underwriting the dirty coal industry. We’re working side by side with economic justice and democracy groups who are also pushing for the biggest banks [...]

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Remember, Remember The 5th Of November

Tuesday, November 1, 2011

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Remember, Remember The 5th Of November

Remember, remember the 5th of November — because this Saturday is “Bank Transfer Day.” BTD is a highly popular Facebook event (over 70,000 are attending) initiated by Kristen Christian, a young woman from California who decided she’d had enough of corporate greed. Her feelings resonated with tens of thousands of others, and the big banks [...]

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Why Are People Occupying Wall Street?

Tuesday, October 4, 2011

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Why Are People Occupying Wall Street?

Why are people occupying Wall Street? And can this protest lead to real change in how banks treat people? Over the last two weeks I’ve watched momentum build in lower Manhattan as growing numbers of people are physically drawn together to express their deep frustration with the financial system. The Occupy Wall Street (OWS) demonstrators [...]

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PNC Bank’s Evolving Approach To The Energy Sector

Monday, October 3, 2011

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PNC recently released their 2011 Corporate Responsibility Report. Documents like this  provide a window into how a bank thinks about its environmental and social impact. RAN has been paying close attention to PNC Bank and its approach to the energy industry for a couple of years, so I was eager to get my hands on [...]

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Another European Bank Voices Risks of Financing Coal Plants

Friday, September 23, 2011

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Another European Bank Voices Risks of Financing Coal Plants

 RAN is challenging the largest U.S. banks to address their financing of coal power and we’re concerned that they are falling behind their European competitors. Last week, French banking giant BNP Paribas released its new corporate social responsibility (CSR) policy on coal power. (Those of you who enjoy reading bank statements can check out the [...]

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How Did the Banks Get So Weak, Anyway?

Monday, September 19, 2011

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How Did the Banks Get So Weak, Anyway?

A great article from Forbes appeared in my Google alerts last week and I had to share. The article begins as yet another article describing the sad state of affairs at big US banks, namely Bank of America and Citi. The article goes on, however, to give a refreshingly short and simple explanation of how [...]

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C – O – A – L Spells Money

Saturday, July 30, 2011

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C – O – A – L Spells Money

Gimme a C! Gimme an O! Gimme an A! Gimme an L! What’s that spell? MONEY!!! By now, loyal blog readers, you are aware that RAN is calling on Bank of America out on their place as the #1 funding agency to the coal industry. To show the nation’s largest bank that we’re intent on [...]

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Introducing: Coal Action Network Northwest

Friday, July 8, 2011

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Introducing: Coal Action Network Northwest

This post was written by Nick Engelfried and originally appeared on ItsGettingHotInHere.org. When some people think of solutions to the climate crisis, they picture wind turbines blowing in the breeze or solar panels on a rooftop. But for me, the best solution is a group of passionate people coming together to directly confront the biggest [...]

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Bank of America’s Climate Commitment Ignores the Big Picture

Wednesday, May 18, 2011

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Bank of America’s Climate Commitment Ignores the Big Picture

Bank of America today announced a new greenhouse gas emissions reduction commitment covering their office facilities. While I welcome Bank of America’s continued acknowledgment that reducing greenhouse gas (GHG) emission reductions is critical for combating the climate crisis, Bank of America must move quickly beyond commitments to reduce the carbon footprint of direct energy consumption [...]

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Shareholders Ask PNC Bank To Live The Green Dream

Tuesday, April 26, 2011

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Shareholders Ask PNC Bank To Live The Green Dream

I hold no illusions about how much political power  in the U.S. lies in corporate hands. That’s why, a few years ago, I started to acquire a portfolio of shares in a number of banking and energy companies. As a shareholder, I’m entitled to one opportunity each year to question CEOs and senior executives about [...]

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