UK high street banks are fanning the flames of forest fires by financing deforestation for soy plantations.
Last February, SumOfUs members helped force France’s biggest bank to reduce its financing of deforestation -- but one bank’s timid efforts are far from enough in the face of the emergency.
Barclays' and HSBC's bosses are under scrutiny right now at a big climate global meeting. Let's make sure they can't greenwash their way out and demand they quit financing deforestation, to really give the Amazon and other forests a fighting chance.
Let’s show these banks that you refuse to let them reduce our planet to ashes:
Demand Barclays and HSBC to stop financing climate chaos!
It’s an emergency. We are reaching the point of no return.
In Brazil alone, Amazon deforestation has increased by 57% this year and more than half of the Cerrado savanna has been torn down to make way for endless soy plantations.
Soybean traders have no respect for these centuries-old trees or unique species, even less for Indigenous peoples, who have been persecuted and forced off their ancestral lands.
Make no mistake, it is the banks' financial support that enables the soy companies to commit these appalling abuses. In just four years, UK banks alone have poured over £425 million into the worst soybean traders*.
Their complicity must end now!
Tell Barclays and HSBC to stop financing the destruction of our precious forests for the sake of our planet.
Between September and December, three important meetings on biodiversity and climate will take place: the IUCN World Conservation Congress, the UN Biodiversity Conference COP15 and the UN climate COP26. Decision makers and financial actors from all over the world will be present and the saving of our planet will be at the heart of the debate.
If enough of us raise our voices now, we can focus on these banks’ responsibility and push them to change their policies by excluding destructive projects from their financing.
You can push Barclays, HSBC and others to stop being deforestation accomplices, because you’ve done it before with PepsiCo and McDonald's! And you are already calling on Tesco to cut ties with forest destroyers - now let's do the same with banks.
Will you again take a stand against those who want to destroy our planet for profit?
Yes, I will add my name to demand that Barclays and HSBC stop financing the destruction of our precious forests.