Ginny Roscamp
LightNews LightNews
banner
virginiainwa.bsky.social
Ginny Roscamp
@virginiainwa.bsky.social
250 followers 550 following 89 posts
Senior Press Secretary, Outdoors for All & Sustainable Finance at @sierraclub.bsky.social | ginny.roscamp@sierraclub.org | she/her
Posts Replies Media Videos
virginiainwa.bsky.social
Join @sierraclub.org at #ClimateWeekNYC for a forum on grassroots campaigns in defense of land, forests & food sovereignty, where panelists will discuss efforts to hold the financial system accountable.

Hosted by @foeus.bsky.social. Register: events.humanitix.com/nycw-finance...
September 17, 2025 at 9:21 PM
virginiainwa.bsky.social
👏👏👏 The Sierra Club Foundation just hired Sara E. Murphy as the Director of Shifting Trillions, an initiative to catalyze capital in favor of a sustainable future.

www.sierraclubfoundation.org/sierra-club-...
Sierra Club Foundation Announces Sara E. Murphy as Director of Shifting Trillions Campaign August 22, 2025 NEW YORK – The Sierra Club Foundation is excited to announce Sara E. Murphy as the new Director of Shifting Trillions, a campaign to move capital away from fossil fuels and toward a better, sustainable future. Sara has spent the bulk of her 27-year career in sustainable investing, corporate responsibility, and environmental and social advocacy. She most recently served as Chief Strategy Officer at The Shareholder Commons, a nonprofit advocate for diversified shareholders, and previously worked with BNP Paribas Asset Management and the Investor Responsibility Research Center.
August 25, 2025 at 4:54 PM
virginiainwa.bsky.social
Texas removed major asset manager BlackRock from a blacklist of companies the state claims are "boycotting" fossil fuels, in a move the @sierraclub.org @bmcushing.bsky.social calls the latest instance of anti-climate political theater.

Read the full statement 👉 www.sierraclub.org/press-releas...
“This move by the Texas Comptroller is the latest sign of how climate-denying politicians and fossil fuel interests are weaponizing public investment to pressure financial institutions into retreating from climate risk management. The so-called 'boycott' list has always been political theater designed to shield polluters from accountability, not to protect pensioners and taxpayers, or to address the most significant financial risks. Asset managers like BlackRock are ultimately service providers, and they should answer to the expectations of their clients. If the only voices speaking up are those aligned with corporate greed and climate denial, we’ll keep seeing backpedaling from asset managers. That’s why more asset owners — especially public pensions — must step up and hold asset managers accountable to long-term financial and climate goals. We’ve recently seen meaningful steps in this direction from some of the world’s largest asset owners, including New York City’s public pensions and one of the UK’s largest funds. It’s time for more investors to follow their lead.”
June 4, 2025 at 9:38 PM
virginiainwa.bsky.social
"Groups sympathetic to the idea of protection for some threatened industries, including steel, wish Trump’s tariff shield came with a more holistic plan to help the metals industry modernize and embrace more efficient, cleaner manufacturing processes."

foreignpolicy.com/2025/03/12/t...
March 13, 2025 at 6:19 PM
virginiainwa.bsky.social
"Democrats should emphasize that tariffs alone will not create jobs or build new plants.

They have to be paired with investments, tax incentives and other industrial policies. That is why Democrats passed the Inflation Reduction Act and the CHIPS and Science Act." @deluzio.house.gov
Democrats should emphasize that tariffs alone will not create jobs or build new plants. They have to be paired with investments, tax incentives and other industrial policies. That is why Democrats passed the Inflation Reduction Act and the CHIPS and Science Act. As a result, in 2023 we had the largest investment in new American factories in decades — including a factory that Mitsubishi Electric plans to build in my district, with hundreds of jobs coming online when it’s fully operational. If the Trump administration succeeds in killing these pro-manufacturing policies and illegally freezing the funding that Congress approved, it would undermine the effectiveness of Mr. Trump’s tariffs and his expressed goal of American industrial revival.
March 10, 2025 at 10:41 PM
virginiainwa.bsky.social
As Canada & Mexico tariffs go into effect, Sierra Club's @benjealous.bsky.social says the chaotic approach will hurt US workers & manufacturers.

“Trump’s belief that tariffs alone will help revitalize American manufacturing is simply not rooted in basic economics."

sierraclub.org/press-releas...
In response, Ben Jealous, Executive Director at the Sierra Club, issued the following statement: “President Trump’s belief that tariffs alone will help revitalize American manufacturing is simply not rooted in basic economics. What’s more, his chaotic approach to tariffs, wielding them for objectives like border security or to encroach on Canadian sovereignty, undermines their legitimate use as a tool for responsible trade policy. A strategic approach to using tariffs to reinvigorate U.S. industry would include strong domestic investments in manufacturing and the clean energy economy, ensuring trade partners abide by the same high environmental and labor standards as American companies, and plans to continue sourcing critical materials that we don’t make enough of, like aluminum for cars and solar panels, from our closest allies.”
March 4, 2025 at 6:23 PM
virginiainwa.bsky.social
Wells Fargo just became the first major US bank to announce it will abandon its net-zero commitment.

Sierra Club's @bmcushing.bsky.social calls the move "cowardly and shortsighted" at a time when financial institutions should be leading on climate.

www.sierraclub.org/press-releas...
In response to the news, Ben Cushing, director of the Sierra Club’s Sustainable Finance campaign, issued the following statement: “Wells Fargo’s decision to abandon its net-zero targets is an outrageous abdication of responsibility. Instead of using its significant influence to drive the energy transition and address the climate crisis, the bank is hiding behind the excuse that it can only passively follow its clients’ actions. Real-world decarbonization must happen across the economy, but banks play a critical role in shaping market dynamics through their financing and client engagement decisions. As the world’s fifth-largest financier of fossil fuels since the Paris Agreement, Wells Fargo has actively fueled the climate crisis while now attempting to shift the blame onto everyone else. This retreat is both cowardly and shortsighted. At a time when financial institutions should be leading on climate, Wells Fargo is instead putting the economy, its shareholders, and the planet at greater risk.”
February 28, 2025 at 7:11 PM
virginiainwa.bsky.social
📢 New @sierraclub.org @stand.earth scorecard ranks 32 US public pensions & reveals how they are — or aren’t — using their power as investors to hold companies accountable for climate risks.

Some are leading, but too many are failing. See how your pension ranks: www.sierraclub.org/press-releas...
February 10, 2025 at 10:40 PM
virginiainwa.bsky.social
As we await Trump's next move on tariffs, today's US Trade Rep confirmation hearing gave us a glimpse into Jamieson Greer's approach to the role.

@sierraclub.org @impcatpaul.bsky.social calls on the next #USTR to ensure trade policy benefits workers & communities. www.sierraclub.org/press-releas...
“U.S. trade policy must benefit American workers and communities. Greer can deliver on this promise by negotiating stronger environmental standards, removing corporate giveaways from trade deals, and supporting a foreign pollution fee that protects investments in domestic industrial innovation for key goods.” -Iliana Paul, Industrial Transformation Deputy Director, Sierra Club
February 6, 2025 at 8:57 PM
virginiainwa.bsky.social
This piece from Steve Hanley at @cleantechnica.bsky.social made me cackle -- I'm just thankful someone's saying the quiet part out loud. #cleansteel #cleancement #buyclean

Dumb Donald Savages Low Carbon Construction Initiatives cleantechnica.com/2025/01/27/d...
Why is Dumb Donnie so mad at low carbon construction materials? Who knows? Maybe there’s a dead worm in his brain like the one in his nominee to run the Department of Health and Human Services. Or maybe it’s because he thinks sea levels have only risen a quarter of an inch since Napoleon got banished to Elba. Or maybe it’s because the companies that are trying to lower the carbon emissions from steel and cement factories didn’t pay him big enough bribes the way the oil and gas industry do on a regular basis. America is for sale to the highest bidder and the profits are all flowing into the pockets of our own Dear Leader.
January 28, 2025 at 7:22 PM
virginiainwa.bsky.social
You've probably seen global headlines about the deterioration of financial sector climate alliances #NZAM & #NZBA.

@sierraclub.bsky.social's @bmcushing.bsky.social examines what these moves mean for Wall Street giants like JPMorgan Chase & BlackRock.

Read more 👉 www.sierraclub.org/articles/202...
What Does Wall Street’s Exodus From Net-Zero Finance Alliances Mean?
January 22, 2025 at 5:46 PM
virginiainwa.bsky.social
Classic move. On the Friday afternoon before Trump's inauguration, the Federal Reserve announced it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System #NGFS.

👉 @sierraclub.bsky.social @bmcushing.bsky.social statement: www.sierraclub.org/press-releas...
The incoming administration’s efforts to deny and exacerbate the climate crisis should be a reason for the Fed to assert its independence by addressing climate risks, but instead it’s doing the opposite. If the Fed continues to bow to political pressure and avoid acting on climate, it will further isolate the US on the global stage and put the economy in greater jeopardy.
January 18, 2025 at 12:37 AM
virginiainwa.bsky.social
The confirmation hearing for Treasury Secretary nominee & billionaire hedge fund manager Scott Bessent confirms Trump's economic agenda: Rolling back climate action & deregulating Wall Street.

👉 Statement from @sierraclub.bsky.social's
@bmcushing.bsky.social: sierraclub.org/press-releas...
In response to the hearing, Ben Cushing, campaign director for the Sierra Club’s Fossil-Free Finance campaign, issued the following statement: “Climate change poses a growing threat to the economy and workers' financial security, and Wall Street continues to play a central role in driving the crisis. The Treasury Secretary and the Financial Stability Oversight Council have a critical responsibility to address climate risks to our financial system—a reality recognized by every major U.S. financial regulatory agency in recent years. If the next Treasury Secretary advances Trump’s agenda of rolling back climate action and deregulating Wall Street, it will harm American families, isolate the U.S. on the global stage, and make bold state and local leadership more essential than ever.”
January 16, 2025 at 9:44 PM
virginiainwa.bsky.social
Just days after BlackRock ditched #NZAM, the initiative said it would suspend activities & launch a review.

As @sierraclub.bsky.social's @bmcushing.bsky.social says: With US financial institutions out of the picture, maybe it's a chance to raise the bar?

👉 Statement: sierraclub.org/press-releas...
In response to the news, Ben Cushing, campaign director for the Sierra Club’s Fossil-Free Finance campaign, issued the following statement: “Capitulating to climate denier politicians undermines asset managers’ fiduciary duty to mitigate the growing risks that climate change poses to investors’ life savings. Too many of NZAM's members were already falling far short of their voluntary climate goals, so we hope this ‘review process’ leads to the bar being raised, not lowered, for firms to maintain their membership. Industry alliances like NZAM have an important role to play in setting baseline expectations, but ultimately it’s up to financial institutions’ regulators, clients, and shareholders to hold them accountable for addressing climate-driven financial risks.”
January 16, 2025 at 8:24 PM
virginiainwa.bsky.social
Another one bites the dust: Asset manager BlackRock is leaving the Net Zero Asset Managers #NZAM initiative.

@sierraclub.bsky.social's @bmcushing.bsky.social calls on BlackRock to fulfill its fiduciary duty to investors by addressing climate change.

Statement 👉 sierraclub.org/press-releas...
In response to the news, Ben Cushing, campaign director for the Sierra Club’s Fossil-Free Finance campaign, issued the following statement: “Regardless of the political pressures Larry Fink is responding to, the fact remains that climate change poses one of the greatest risks to our global economy and the long-term investments BlackRock's clients rely on. Membership in voluntary alliances sets an important baseline, but to truly fulfill its fiduciary duty to long-term investors, BlackRock must support real-world decarbonization through stronger shareholder voting and by directing capital toward industries that mitigate systemic climate risks. If BlackRock won't do that, its clients should find a different asset manager that will."
January 16, 2025 at 8:22 PM
virginiainwa.bsky.social
Chase, Citi, Bank of America, Wells Fargo, Morgan Stanley & Goldman Sachs all bailed on #NZBA.

But as @sierraclub.bsky.social's @bmcushing.bsky.social asks: Should participation in a voluntary initiative REALLY be the true measure of climate progress?

Statement 👉 sierraclub.org/press-releas...
In response to the news, Ben Cushing, campaign director for the Sierra Club’s Fossil-Free Finance campaign, issued the following statement: “Regardless of shifting political environments, the fact remains that the only credible way for financial institutions to meet their long-standing net-zero commitments is to rapidly phase out fossil fuel financing and scale up funding for clean energy solutions. While voluntary industry alliances like the NZBA play an important role, membership has never been the true measure of a company’s climate progress. What matters most is the strength of a company’s policies and targets, and transparent adherence to them. If Wall Street banks acquiesce further to climate denier politicians and fail to follow through on their climate commitments, it will isolate the US on the global stage, and the enormous costs will fall upon our global economy, financial markets, and vulnerable communities. Ultimately, it’s up to banks’ regulators, shareholders, and clients — including state and local leaders — to hold them accountable.”
January 16, 2025 at 8:20 PM