The bank, which Williams’ office said is the second-largest fossil-fuel financier in the US, has shelled out big bucks to land the naming rights to the ballfield in Queens starting around 2009.
Williams, other Mets fans and a variety of climate activists are set to hold a press conference Tuesday at noon in City Hall Park to protest what they call the team’s “toxic contract” with the bank — a 20-year deal estimated to cost Citbank about $400 million, or $20 million annually. The opponents say they plan to launch a petition demanding team owner Steve Cohen end the relationship.
Jumaane Williams will call for the Mets to abandon their contract with Citibank, which has naming rights to their field.The bank invested $285 billion in fossil fuels between 2016 and 2021 and is the biggest coal funder outside China and also the largest investor in fossil-fuel projects in the Amazon rainforest, according to Williams’ office.
The bank added it is investing in clean-energy solutions and working with its clients — including fossil-fuel companies — “to support their efforts to decarbonize their businesses.
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