In 2025, just 12 banks provided almost 40% of ALL fossil fuel funding from banks worldwide. That’s right, a dozen dirty banks are responsible for well over a third of the $906 billion poured into fossil fuels last year. See where your bank falls: bankingonclimatechaos.org #BankingOnClimateChaos
Ben Cushing
@bmcushing.bsky.social
👋 Director of the @SierraClub.org Sustainable Finance Campaign: sc.org/sustainable-finance 📍 DC resident, Oakland raised 💭 Thinking a lot about climate, finance, politics, & the NBA
NYC pensions’ new asset manager search could be a major accountability test. BlackRock and other managers seeking to handle public workers’ savings should meet the pensions’ climate-risk standards — or lose business to firms that will. @sierraclub.org statement: www.sierraclub.org/press-releas...
Sierra Club Applauds NYC Pensions for Continued Climate Progress, Calls for Stronger Implementation
Annual reports show progress toward net-zero goals and highlight next steps on climate-solutions standards and asset manager accountability
sierraclub.org
Utility rates are in part going up to fund utility profits, and those shareholders are rewarding executives with eye popping figures.
Utility CEO pay surges amid higher profits, customer struggles
Investor-owned utilities paid their CEOs $622 million in 2025, lowering the bar for bonuses while customers struggled to afford bills.
energyandpolicy.org
Union members in many states and cities are holding pension boards accountable and advocating for investments that insure worker protections, climate resiliency, and decent retirement benefits. 1/2 labornotes.org/blogs/2026/0...
It’s Our Money: Union Members Fight for Good Public Pension Investments
Union members in many states and cities are pushing for a stronger voice in pension investments. And sometimes they’re actually winning: They’re holding pension boards accountable and advocating for i...
labornotes.org
BP’s board has suffered a triple climate rebellion in its first shareholder meeting since appointing new leadership to steer the embattled oil company. www.theguardian.com/uk-news/2026...
BP board suffers triple climate rebellion from shareholders
More than 50% of voters at first AGM under new leadership oppose plans to scrap climate reporting
theguardian.com
📢 Annual @sierraclub.org scorecard ranks 33 major U.S. public pensions and reveals most are failing to adequately manage the climate-related financial risks to their investments through proxy voting. See how your state stacks up:
The Hidden Risk in State Pensions
sierraclub.org
📢 The latest @sierraclub.org scorecard ranks 33 major U.S. public pensions and reveals most are failing to adequately manage the climate-related financial risks to their investments through proxy voting. See how your state stacks up here: www.sierraclub.org/hidden-risk-...
The Hidden Risk in State Pensions
Your nearest Sierra Club chapter:
sierraclub.org
Did your power bills go up last month? It might be because Donald Trump is forcing old coal plants to stay online, and making YOU pay to keep them running. Listen to Sierra Club Senior Attorney Greg Wannier answer how this is possible ⬇️
“If asset owners want to protect their investments from climate impacts, they must stop asset managers from financing the companies fueling the crisis. Too many still aren’t acting," write Sierra Club & Reclaim Finance in @climateandcap.bsky.social.
Investors ignoring climate are risking our future, and theirs. Let’s fix that.
New research reveals most asset managers are fueling risk, jeopardizing planetary stability and long-term performance.
climateandcapitalmedia.com
Remember when CBS News laid off its whole climate reporting team last fall? Good news: I've scooped up their former senior climate producer, and now she's making a podcast with me. Sucks to suck, David Ellison! Listen/watch/subscribe here:
Climate coverage is shrinking. We're expanding it.
Announcing a new weekly video podcast!
heated.world
The GOP learned to lie--shamelessly and obviously--from three decades of climate denial. billmckibben.substack.com/p/thinking-a...
Thinking about lying
Climate denial taught our leaders shamelessness
billmckibben.substack.com
The Sierra Club is suing the Environmental Protection Agency over its rollback of key climate protections, arguing the move is illegal, unscientific, and harmful to public health.
New @nyccomptroller.bsky.social @marklevinenyc.bsky.social & NYC pension trustees are weighing a $40B+ move from BlackRock over its climate failures — which could set a key national precedent, writes Sierra Club ED Loren Blackford in @crainsnewyork.bsky.social:
Op-ed: City's new comptroller, pension trustees must lead on climate
Comptroller Mark Levine and pension trustees can protect the city and its workers from the financial impacts of climate change.
crainsnewyork.com
The new @nyccomptroller.bsky.social @marklevinenyc.bsky.social & NYC pension trustees are weighing moving $40B+ out of BlackRock over its climate failures. This step could set a key national precedent, writes @sierraclub.org Executive Director Loren Blackford: www.crainsnewyork.com/op-ed/op-ed-...
Op-ed: City's new comptroller, pension trustees must lead on climate
Comptroller Mark Levine and pension trustees can protect the city and its workers from the financial impacts of climate change.
crainsnewyork.com
🚨 BREAKING: Trump is moving to eliminate the EPA’s Endangerment Finding — one of the strongest legal tools we have to fight climate pollution. We will fight this. Polluters should pay — not the public. Read more at our statement bit.ly/4aNcAwb
Rejection of Texas law blacklisting 'woke' BlackRock could challenge anti-ESG laws in other states reut.rs/4bG88kO
Rejection of Texas law blacklisting 'woke' BlackRock could challenge anti-ESG laws in other states
A Texas judge's move to strike down a state law blacklisting "woke" financial firms, including BlackRock and HSBC, that used environmental, social or governance factors in investment decisions will likely drive a broader push to repeal so-called "anti-ESG" laws in other states, analysts said.
reut.rs
Huge. Laws like this were designed to punish investors for taking basic steps to address climate risk. @sierraclub.org statement: www.sierraclub.org/press-releas... (Also worth noting: the firms targeted were never actually “boycotting” fossil fuels—that was political misinformation all along.)
A federal district judge on Wednesday declared Senate Bill 13 — a 2021 law restricting state investments in companies boycotting the fossil fuel industry — unconstitutional, calling it “facially overbroad” and citing First and Fourteenth Amendment concerns.
For those of you who: * Feel enraged to watch billionaires destroy important newsrooms and * Recall vaguely that Jeff Bezos was once considered a courageous owner who fortified the Washington Post I recommend this piece by the Post's former fact-checker glennkessler.substack.com/p/a-billiona...
A Billionaire’s Surrender
Bezos is not trying to save The Washington Post. He’s trying to survive Donald Trump.
glennkessler.substack.com
Short-term investor pressure is driving companies to ditch climate plans, even though climate risk threatens long-term portfolios and the entire economy. Great letter from @bmcushing.bsky.social @ @sierraclub.org: www.ft.com/content/e100...
Letter: How climate goals skewed incentives for Shell and BP
From Ben Cushing, Director, The Sierra Club’s Sustainable Finance Campaign, Washington, DC, US
ft.com
TODAY: The Senate is expected to hold its first procedural vote on the DHS funding bill — and it can’t pass without Democratic votes. We need to flood the Senate with calls demanding Democrats hold the line and vote NO on giving more money to the regime’s death squads.
Tell the Senate: Not a penny more for ICE brutality | Indivisible
indivisible.org
My letter on the @financialtimes.com story on BP/Shell’s climate rollbacks is now published. The key takeaway: most investors should recognize that the interests of major polluters are often at odds with their own long-term portfolio interests—and should act accordingly. www.ft.com/content/e100...
Letter: How climate goals skewed incentives for Shell and BP
From Ben Cushing, Director, The Sierra Club’s Sustainable Finance Campaign, Washington, DC, US
ft.com
Last week in Minnesota, I watched ordinary people risk their lives to protect their neighbors. In the process, they not only won a significant—though not final—victory against authoritarianism, they proved virtually every MAGA social theory wrong. (gift link) www.theatlantic.com/ideas/2026/0...
tomorrow, StandWithMinnesota.com will hit a million site visits and over 650,000 unique visitors. i made it 10 days ago with $600 from you guys for hosting and cloudflare. thank you. thank you.
Stand With Minnesota Donation Directory
Stand With Minnesota is a hub for supporting, learning, and taking action to support Minnesotans impacted by ICE and federal enforcement.
standwithminnesota.com
Wrote myself a pep talk to get back to work tomorrow. It helped me. Hope it helps you.
I don't know how to do this
But I'm going to keep doing it anyway.
heated.world
California pension @calpers.bsky.social invested $60B in 'climate solutions'. So why does that include fossil fuels? As the largest U.S. public pension, what CalPERS does matters, writes Allie Lindstrom & Jakob Evans for @calmatters.org. calmatters.org/commentary/2...
🚨 Our new scorecard reveals U.S. public pensions are lagging on investing in climate solutions like clean energy & resilience infrastructure, despite knowing that climate change massively threatens millions of public sector workers' retirement savings.
New Report: Most U.S. Public Pensions Lag on Investing in Climate Solutions Needed to Protect Retirement Savings
Only 4 of 30 pensions earn ‘strong’ scores for strategies to invest in climate solutions
sierraclub.org
@bmcushing.bsky.social: “Climate change is undermining the financial security of workers and retirees, and threatening the long-term performance of the diversified portfolios that pensions depend on." New @sierraclub.org report highlights the handful of US pensions taking climate seriously.