#4 in North America for Coal Mining financing.
Your money is funding the climate crisis at an alarming rate.
PNC is in the top 60 of the world's biggest funders of fossil fuels*. In the 9 years since the Paris Agreement, the banks in this category have funneled $5.5 trillion into coal, oil, and gas, rapidly accelerating the climate crisis.
While you’ve been saving money for a house or a weekend getaway, PNC has been using your savings to lend to some very questionable fossil fuel friends.
And it's not just a little here and there; we’re talking about $30 billion in just the last 2 years.
PNC’s planet destroying activities include being ranked 4th largest funder of coal mining in North America.
PNC is one of the world’s biggest funders of fossil fuels*. In the 9 years since the Paris Agreement, PNC has funneled $108.3 billion into coal, oil, and gas, rapidly accelerating the climate crisis.
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The Paris Agreement set the goal to stay under 1.5°C of warming for very good reasons. According to the Intergovernmental Panel on Climate Change, an increase of just a couple of degrees more could lead to "substantial species extinction, large risks to global and regional food security", and an inability to work outside — or even live — in some areas of the world. Our world will become unrecognizable as ocean dead zones, floods, and extreme weather fuel social and economic disruption.
Banks live and die on their reputations. Mass movements of money to fossil-free competitors puts those reputations at grave risk. By moving your money to a sustainable financial institution, you will:
Send a message to your bank that it must defund fossil fuels
Join a fast-growing movement of consumers standing up for their future
Take a critical climate action with profound effects