Join with Greenpeace and call on Commbank to stop investing in new coal projects
CommBank is funding dirty coal projects by investing in destructive coal projects, even though they had agreed to support a deal to keep the global warming limit under 2 degrees Celsius, as was discussed in the Paris Climate agreement. Last year, Commonwealth Bank invested $846 million to non-renewables, around 3.5 times less than what it did on renewables.
“The Commonwealth Bank knows it has one of the most recognisable brands in Australia, it also knows that most Australians support stronger action on climate change. (Commbank CEO) Ian Narev … needs to decide whether he wants that brand associated with dirty coal or a future powered by clean renewable energy.” – Greenpeace’s climate campaigner, Nikola Casule
CommBank is funding these coal projects, which are putting our globally renowned Great Barrier Reef in grave danger. Commbank claims to support action on climate change to keep warming to below 2 degrees, but at the same time they loan billions of dollars to fossil fuel projects that are polluting our world and making global warming worse.
Greenpeace is an independent campaigning organisation that acts to change attitudes and behaviour using non-violent direct action to expose global environmental problems and to force solutions which are essential to a green and peaceful future.
Greenpeace’s campaign to stop Commbank from funding new coal projects aims to collect our signatures to send a message to Commbank CEO Ian Narev.
“CommBank has the power to help protect the Great Barrier Reef for our kids and grandkids by not investing in destructive coal projects. Instead of propping up the dying coal industry, CommBank can create new jobs in renewable energy and help transition our workforce to the industries of the future.” – Greenpeace
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How you can help
Join with Greenpeace and send your message to Commbank’s CEO, Ian Narev: