Commonwealth customers: It’s time to divest
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12:52 PM (1 hour ago)
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Dear friend,
Have you heard? Prime Minister Tony Abbott wants to change the law so that consumers like you and me can’t run divestment campaigns against companies that engage in environmentally destructive activities.
Over the past six months, Market Forces and 350.org have been working hard to expose the Big 4 Bank’s multi-billion dollar support for the fossil fuel industry.
More than 2800 of you have signed our open letter and you’ve pledged to shift over $42 million of your money if the Big Banks don’t stop funding damaging fossil fuel projects.
Now it’s time to turn these pledges into action. There’s a reason Prime Minister Abbott wants to stop divestment campaigning – he knows it works. It’s time we show him just how well it works.
Starting in October, we’ll be supporting our Melbourne members to close their ANZ accounts. And in early November, we’ll support Commonwealth Bank customers in Sydney, Brisbane, Canberra, Melbourne and Perth to do the same. We’ll be providing information to help you choose a bank that doesn’t invest in the fossil fuel industry.
If you’re a Commonwealth Bank customer and you’re ready to switch banks, then register for one of the following events:
We’ll be organising activities for other cities and banks in due course. Register your interest here.
It’s time to seize our consumer power for good and show the Big 4 that we won’t stand by as they fund the destruction of our local communities, ecosystems and climate. This will also demonstrate why laws protecting our right to boycott environmentally destructive companies need to be protected.
If you care what your money’s doing, then join us in the growing divestment movement.
Warmest wishes,
Charlie on behalf of 350.org Australia and Julien on behalf of Market Forces
P.S. Here’s the news that the Abbott Government wants to make environmental boycotts illegal. These plans, if they even get up, won’t take effect until at least next year, so you’re safe if you choose to participate in our upcoming activities.
P.P.S. There’s still time to register for our ANZ action in Melbourne. Sign up here.
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