This November, we delivered a message to the Big 5 UK banks, asking them to take urgent action on their fossil fuel financing.
The ecumenical Statement of Concern was signed by 70+ churches and Christian organisations, and remains open to signatories.
We are calling on the banks to:
- End new finance or financial services to potential new clients involved in fossil fuel expansion.
- Put existing fossil fuel clients on notice that they must end fossil fuel expansion or risk losing financing and financial services.
- If existing clients fail to end their expansion plans in the short term, banks should exit those relationships.
This action reflects the growing movement calling for a fairer, greener banking sector – which includes churches switching to more ethical banks, alongside investor engagement and AGM activism.
What next? Join us for a follow up webinar on Tuesday 3 December to explore how we can keep up the pressure on the banks and build the movement for ethical banking.
You can also fill in this form to let us know how you’d like to stay involved with the wider movement.