Flood Bank of America CEO Brian Moynihan's email inbox!

Bank of America is bankrolling climate chaos and human rights abuses through dirty fossil fuel financing.

Since the Paris Agreement, Bank of America (BofA) has poured over $279 billion into fossil fuels. The world’s top scientists have told us our climate can’t afford any new fossil fuel projects — yet BofA has happily handed over $87 billion to the world’s worst fossil fuel expanding companies.

Send an email to BofA CEO Brian Moynihan using the form below telling him that BofA needs to end their financing of fossil fuel expansion NOW and hold their fossil fuel clients accountable in a just energy transition.

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CEO

Brian T.

Moynihan

Bank of America

To Brian T. Moynihan,

On March 20, 2023, the world’s top scientists from the IPCC told us we have less than 7 years to cut global fossil fuel use in half if we have any chance of keeping our climate from overheating past the 1.5°C danger zone. We’re already experiencing the hottest summer on record, crop failures, increased food prices, and climate disasters at just 1.2°C. Without rapid action, we’re on course to surpass 2°C or more — with devastating consequences for all of us.

Your bank remains one of the world’s biggest bankers of fossil fuels, and we have a set of clear demands for you: 
    1. Prohibit all finance for fossil fuel expansion immediately
    2. Adopt absolute financed emissions reduction targets
    3. Require robust transition plans from all existing fossil fuel clients
    4. Establish zero-tolerance policies and due diligence mechanisms to protect Indigenous Peoples and human rights
    5. Scale up financing for a just & fair transition

These criteria should be incorporated into the bank’s requirements for its corporate clients: Bank of America should not provide another dollar to any company that is expanding fossil fuels. Not a dollar more should go to any company that is not committed to a just transition to a 100% renewable economy.

These are necessary steps for aligning Bank of America with a world in which climate change is limited to 1.5°C and human rights are fully respected.

Judged against this benchmark, Bank of America’s recent 2030 targets are clearly inadequate. Carbon intensity targets are insufficient to stop the expansion of fossil fuels and increases in absolute emissions, during the decade when we need to cut absolute emissions in half.

We are now in the decisive decade for the climate, and we need to see meaningful policies NOW.

Kind regards,
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