You can help to stop banks from funding nature and climate destruction with a gift today
As we face a brutal El Nino summer with increased risk of bushfires and heatwaves, companies like Woodside and Santos continue to profit from burning climate-damaging fossil fuels.
They are harming the people, places and wildlife we love.
But they’re not working alone.
Fossil fuel companies need funding from banks to secure their oil, coal and gas expansion plans.
And that’s where you come in.
If we can stop banks from funding dirty fossil fuel companies, we can help stop the nature and climate devastation.
Your gift today can help power the work of ACF’s Corporate Campaign team, who are leading the fight to stop Australian banks from funding fossil fuel giants.
Each day, the Corporate Campaigns team forensically examine reports and documents, line by line, to expose greenwashing and the companies who are profiting from climate and nature destruction.
Thanks to support from people like you, the team have recently published their findings in a critical and first-of-its-kind report - From Laggards to Leaders - which measures the performance of Australia's biggest banks on how they're tracking towards their commitments to reach net zero emissions.
Jolene, head of the Corporate Campaigns team, explains the shocking reality behind Australia’s big banks:
“Every time there’s any kind of nature destruction, there’s usually a bank loan behind it.
“The banks say they won’t lend to coal and gas projects, but in reality, they are still lending billions to fossil fuel giants and then turning a blind eye to what they do with that money, and the destruction that’s attached to that money.”
If banks continue to pump billions of dollars into the fossil fuel industry, climate-fueled extreme weather events like heatwaves and bushfires will only be exacerbated. This would be catastrophic for our precious wildlife and their unique habitats.
Our beautiful Great Barrier Reef, for example, has suffered recurrent mass coral bleaching events triggered by rising temperatures. Bushfires continue to destroy old growth forests and tree hollows vital to the survival of our endangered Greater gliders.
As Jolene says: “The banks are really the gatekeepers to all of this destruction, and if they can change their ways, it can turn the whole system around.”
The Corporate Campaigns team rely 100% on donations to continue their vital work. A gift from today will allow the team to:
- Publish explosive reports exposing the climate damage hiding behind corporate marketing.
- Run a national, high-profile campaign to get the message out to everyday Australians this summer.
- Mobilise Australians to apply pressure on their banks to fund climate solutions.
With your support, we can get the banks to stop funding Woodside, Santos and other fossil fuel companies and protect the people, places and wildlife we love from nature and climate destruction.
Please give today to help stop banks from funding dirty fossil fuels, and push them to fund climate and nature solutions.
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