Tell the Bank of England: change the rules of the game!

The Bank of England has the power to stop banks like HSBC and Barclays funnelling billions into companies making the climate crisis worse.

Euromoney, time to update your definition of sustainable banks

Last week top banking prizes were given to two of the world’s worst fossil banks. JP Morgan Chase received “World’s Best Bank”, while being the #1 banker of climate chaos and the target of a massive global campaign, and our very own HSBC won, shockingly, “Best Bank for Sustainable Finance”, despite it being Europe’s second worst fossil bank, having pumped $87B USD into fossil fuels since the Paris Climate Agreement was signed.

Storm of protests targeting Barclays across the UK

Sheffield,
Inverness,
Rochdale,
Bath,
Bristol,
Exeter,
Worthing,
Hertford,
Newbury,
Cardiff,
Manchester,
the flagship Piccadilly Circus branch in London,
Balham,
Clapham Junction,
Kendal,
St.

Barclay’s climate commitments could amount to not-zero

The whole idea of ‘net-zero’ has rocketed into the mainstream lately, and for good reason if we’re to have any chance of limiting warming to 1.5 degrees.

Barclays Vs Football

A mock football match staged outside Barclays’ flagship Piccadilly Circus branch has turned the floodlights on the bank’s cynical exploitation of the beautiful game.

Pressure mounts on Barclays and HSBC as protests build

Over the last few weeks Barclays have come under increasing pressure as protests have intensified. From Kendal to Bristol, Glasgow to St Albans, Barclays have come under fire for the financing of fossil fuels across the country.

Returning Lloyds of London met with protests

When Lloyds of London opened their doors on the 1st September they were greeted with a clear message: stop insuring catastrophic fossil fuel projects.

HSBC’s shiny ad campaign Vs the reality

Since 2012 the group Brandalism has been holding big corporations to account with guerrilla activism they call subtervising. Their next target?

Lloyds of London fuels the climate crisis

Our sister organisation Insure our Future today released a report highlighting the role that insurance giant Lloyd’s of London plays in driving the climate crisis.

Revolving door between Barclays and BP – The Ecologist

For those scratching their heads on why big banks continue to pour billions into the companies making the climate crisis worse, we found one of the answers!

What are we divesting for? Join a webinar

One of our partners Platform London is hard at work campaigning for British banks and other institutions to divest from fossil fuels.

The video Barclays don’t want you to see

Activists have a special message for Barclays after they found their dirty little secret:

Activists to Bank of England: Build Back Better

This week climate activists around the world are mobilising to demand a Just Recovery from the Covid-19 pandemic ahead of two important meetings that will be attended by the wealthiest governments and finance decision-makers.

Activists urge Barclays to quit coal habit in smokestack stunt

Activists have today descended on a Barclays branch in London, in protest against the bank providing billions of pounds to coal, the most polluting fuel, since UN scientists warned we have 10 years left to avert the worst consequences of the climate crisis.

Meet Sharklays: what the UK’s biggest fossil bank is really trying to say

These grassroots activists had a little fun spoofing Barclays’s latest ad campaign today. Below is their press release, and be sure to visit the new Sharklays.co.uk also!

Barclays urged to confront slavery and climate change

Today grassroots activists organized a socially distant protest at Barclays Bank’s offices in London demanding they take action not only on the climate crisis but their history supporting slavery.

Coronavirus bailouts shouldn’t stoke climate change

This opinion piece in Foreign Affairs points out how much of the stimulus created by world governments has gone to carbon-intensive industries and the fossil fuel sector that needs to be wound down in order to stave off the worst impacts of the climate crisis.

Building momentum for green recovery at the Bank of England

It feels a lot like momentum….!

 

First Andrew Bailey was forced to respond to activists who emailed and called him.

UK banks and investors backing Amazon destruction

Deforestation is the second major cause of climate change, and a joint investigation by the Guardian, Greenpeace’s Unearthed and the Bureau of Investigative Journalism, UK banks and financial institutions have provided more than $2bn US (£1.5bn) in financial backing in recent years to Brazilian beef companies linked to deforestation in the Amazon rainforest.

Coronavirus could cause £25 Trillion fossil fuel industry to collapse

That eye raising headline from The Guardian was based on reports that the value of fossil fuel reserves might fall by as much as two-thirds as the covid crisis has hastened the peak for oil, coal, and gas demand.

Fossil Finance and Climate Justice – webinar from People and Planet

Earlier in May our partner People & Planet’s Divest Barclays campaign held a webinar ahead of the Barclays’ AGM on why they are taking the fight for climate justice to the doorstep of the big banks.

24% of shareholders protest Barclays fossil fuel support

Today at Barclays’ AGM, an incredible 24% of shareholders voted for ShareAction’s resolution asking the bank to phase out financing for fossil fuels and utility companies that are not aligned with the Paris climate goals.

New report shows who is Funding Climate Chaos in the UK

Today, a group of organisations – 350.org, Platform London, People & Planet and The Sunrise Project – launched “Funding Climate Chaos“, a new report highlighting the role of UK banks in funding the climate crisis, focusing on Barclays and HSBC and referencing data from the Banking on Climate Change report.

What are the holes in Barclays’ new “Net Zero” policy?

Our friends at Share Action did the hard work to unpack what Barclays’ new fancy sounding “Net Zero” fossil policy really means.

CityAM debates morality of Barclays climate protests

The media is starting to notice the growing movement targeting banks and other financiers of fossil fuels. The newspaper CityAM hosted a debate on this new target of climate activists.

Greenpeace activists shut down 100 Barclays branches

Nearly 100 Barclays high street branches were shut down to protest against bank’s continued multi-billion dollar support for fossil fuels.

The RBS climate announcement and why it matters

A few days after our high profile ad ran in Scotland’s major newspaper, Alison Rose the CEO of RBS/ Natwest, announced as part of their new strategy for the Bank that RBS will also stop lending and offering underwriting services to major oil and gas producers that do not have credible transition plans in line with Paris climate agreement targets, which aim to limit global heating to below 2C.

Pressure to act big mounts on RBS

After a long concerted campaign at Royal Bank of Scotland/ Natwest to stop financing fossil fuels, led by the Friends of the Earth Scotland, BankTrack and others, rumors were flying that they were on the cusp of making a big climate policy announcement.

Protesters “swarm” London’s banks for their investment in fossil fuels

Grassroots activists from a wide cross section of British society have launched their “swarm” against the Bank of England and other financiers of fossil fuels in London today.