Big Bank ‘Greenwashing’ Exposed as Major Climate Week Sponsors Fund Fossil Fuels

Deirdre Fulton, staff writer
Big bank sponsorship of Climate Week 2016, which kicked off Monday in New York City, “amounts to little more than greenwashing,” according one environmental organization, given financial institutions’ business-as-usual investment in fossil fuels.

Indeed, Rainforest Action Network (RAN) charges three major sponsors—Bank of America, JP Morgan Chase, and Bank of the West (BNP Paribas)—with “helping [to] drive the climate crisis” through their ongoing funding of extreme fossil fuels such as coal and tar sands oil. 


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