Don’t Bank on Plastics
HSBC is Funding the Plastics Crisis
Time to Bank on a Better Future!
Since 2011, HSBC has lent over US $3Billion to plastic polymer producers, the sector that is the source of single-use plastic waste. This puts it in the top 5 banks in the world financing single-use plastic production.
The Plastics Crisis is a Climate Crisis, if we’re serious about one, we can’t ignore the other. Plastic production, use and disposal is driving climate change, as well as accelerating biodiversity loss, and hampering attempts to create a fairer, more sustainable world for future generations.
As the biggest bank in the UK we are calling on HSBC to lead by example, to put their money where their mouth is and invest in a fairer, greener future.
You don’t need to be a HSBC customer to take action! Just add your name using our simple form to our open letter to Noel Quinn (HSBC Group Chief Executive).
It’s time for HSBC to take action, to invest in people and planet, not single-use plastic.
“99% of plastic comes from fossil fuels. If we are serious about tackling the climate crisis we must stop financing the expansion of plastic production and shift money towards companies that are committed to ending plastic pollution. UN member states are working towards a Global Plastics Treaty. The world is getting behind the solutions to the plastic crisis, and we need banks like HSBC to play their part too.”
Rosie Venner, Money Makes Change Programme Manager
Support our work
We depend on generous supporters to grow our campaigns and pursue our vision of a fairer, greener future.
Could you make a one-off or regular donation? Please also pray for a positive response from banks to this campaign.
Contact Your Bank
If you would like to raise this issue with your own bank, you can download a template letter here.
Please tell us if you get a response. Email: info@justmoney.org.uk
Church Action
Download our campaign pack below which includes prayer resources and activities for children.
Use it alongside this editable template letter (downloadable here) to contact your bank. Do let us know if you take action.
Don’t Bank on Plastics
Our banks are funding the plastic crisis
We are called to care for God’s creation but the way we produce and dispose of plastics is polluting oceans, endangering people’s health and fuelling the climate crisis.
Many of us – in our homes and churches – have cut down on single-use plastic packaging. Consumer action is important but it’s not enough. To tackle the global plastic crisis, we need to go to the source of the problem.
Banks continue to finance single-use plastic producers and polluters.
The world’s biggest banks – including Barclays and HSBC – provided the equivalent of $790 million per day in finance to companies involved in the global plastics supply chain between 2015 – 2019. See Portfolio Earth’s Bankrolling Plastics report to learn more.
Join us in calling for action. Add your name to the Plastic Pledge (on this page) and then contact your bank (below).
Sign the Plastics Pledge
The global plastic crisis is threatening God’s creation. I want banks to stop financing the biggest plastic producers and polluters. Banks need to engage with companies for a world free from plastic pollution.
Contact your bank
Is your bank fuelling plastic pollution? We want banks to limit their financing of the biggest plastic producers and polluters, engage with companies for change, and help end the plastic crisis.
As an indivdual
Use our online tool to email your bank to find out what steps they are taking to finance a world free from plastic pollution.
Do let us know if you hear back from your bank by emailing info@justmoney.org.uk.
As a church
Download our campaign pack below which includes prayer resources and activities for children.
Use it alongside this editable template letter (downloadable here) to contact your bank. Do let us know if you take action.
Support our work
We depend on generous supporters to grow our campaigns and pursue our vision of a fairer, greener future.
Could you make a one-off or regular donation? Please also pray for a positive response from banks to this campaign.
My bank’s not listed
If your bank isn’t listed in our email action tool or you prefer to contact your bank in a different way, you can download the template letter here.
Please tell us if you have contacted your bank this way. Email: info@justmoney.org.uk
What can I do next?
Have you emailed your bank? Contact us via info@justmoney.org.uk if you’d like some campaign materials to share with others.
You can also join our Green Your Money community for a regular action email to help you green your finances.