RAN’s latest Coal Risk Update highlights the potential human rights impacts of a planned mountaintop removal mine in Blair, West Virginia. Blair Mountain is a national treasure: The mountain is the site of arguably the most important post-Civil War battlefield in the US. Currently, Arch Coal plans to build a mine that would destroy the [...]
Continue reading...Tuesday, October 30, 2012
What is the total greenhouse gas footprint of Citigroup, Bank of America, or UBS? Right now, we don’t know, and that’s a major problem for both banks and the climate. Banks emit greenhouse gases to power their offices and branches, but they also finance the emissions of other companies through their loans, investments, and other [...]
Continue reading...Thursday, April 21, 2011
David Daniel is traveling 1,500 miles from the Piney Woods of East Texas to midtown Manhattan this week with a message for Citigroup, the nation’s third-largest bank: Don’t help a Canadian oil pipeline company endanger my community. At today’s Citigroup annual shareholder meeting, CEO Vikram Pandit was taken to task by David Daniel along with [...]
Continue reading...Wednesday, March 9, 2011
Addiction – noun \ə-ˈdik-shən, a-\: persistent compulsive use of a substance known by the user to be harmful. (Merriam-Webster) Citi has a problem. Despite renewing its vows in 2009 to tackle “Environmental and Social Risk Management,” including mountaintop removal coal mining, Citi is relapsing into fossil fuel addiction. Last year, Citi raised more than $34 [...]
Continue reading...Wednesday, April 28, 2010
In 2009 RAN urged Citi to stop financing mountaintop removal (MTR) coal mining, the environmental tragedy that is destroying the Appalachian landscape and poisoning communities. Citi’s initial response, a statement on their website that the bank had “has implemented a robust MTR Environmental Due Diligence Process” was a disappointment to us. While Citi had at [...]
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Monday, March 4, 2013
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