Since 2015, our major banks have loaned over $21bn to fossil fuel projects in Aotearoa and offshore. New Zealanders need a bank we can trust.
We need a Fossil Free Bank, that guarantees, through investment and lending policies, a complete cut of corporate ties with the fossil fuel industry.
Banks operating in Aotearoa are minimising their extremely powerful role in the climate crisis. They hold significant power in supporting the fossil fuel industry’s continued development, by financing their operations. As the custodians of our savings, the banks have a duty to take real action on climate change and cut their ties with this industry.
Critically, our banks sustain not only the fossil fuel industry’s growth, but their social license too. By continuously investing billions of dollars into new and existing projects, the banks send the message that this is an industry that is acceptable to be associated with.
Demand a Fossil Free Bank
Our banks are investing billions of dollars in the fossil fuel industry. Since 2015, our major banks have loaned over $21bn to fossil fuel projects in Aotearoa and offshore.
New Zealanders need to have a bank we can trust. We need a Fossil Free Bank, that guarantees, through investment and lending policies, a complete cut of corporate ties with the fossil fuel industry.
Fortunately, our locally owned banks are ahead of the pack, in the race to become New Zealand’s first Fossil Free bank!
TSB, Kiwibank, and the Co-operative bank currently do not invest in, or loan money to fossil fuel projects. But to reach the finish line they must commit to a policy guaranteeing they never will.
We cannot afford to keep bankrolling an industry who are actively fueling the climate crisis. Our savings need to go towards a safe and fair future, built on 100% renewable energy for all.
Let's encourage them: Demand a Fossil Free Bank!
Demand a Fossil Free Bank!
To our New Zealand Banks,
New Zealanders need to have a bank we can trust. We need a Fossil Free Bank, that guarantees, through investment and lending policies, a complete cut of corporate ties with the fossil fuel industry.
We cannot afford to keep bankrolling an industry who are actively fueling the climate crisis. Our savings need to go towards a safe and fair future, built on 100% renewable energy for all.
Go Fossil Free! It's a positive opportunity, that New Zealanders support!
Don’t be fooled by ANZ’s empty, greenwashed policies. We’ve given the bank’s latest ad a makeover to expose the harm ANZ is causing by supporting New Zealand’s climate criminals.
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Bankrolling the Climate Crisis
Our 2018 report ‘Bankrolling the Climate Crisis’ exposes the relationship between the fossil fuel industry and our banks operating in Aotearoa.
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