You just won!

Thanks to you, TD just announced it is pulling away from funding the fossil fuel industry and going net-zero by 2050.

Now it’s time for RBC to follow suit -- and your pressure will make it act.

Sign the petition

A,

MASSIVE NEWS -- thanks to your pressure over the last two years, TD Bank just announced it is pulling the plug on fossil fuels and going net-zero by 2050.

This win is a testament to the strength of our people powered movement to combat climate change.

In 2019, TD executives underestimated the power of our movement and relayed to me that a plan to defund fossil fuels just wasn’t possible before 2050.

But thanks to all of the hard work of SumOfUs members like you over the past two years, TD executives JUST announced a plan to move away from funding fossil fuels.

But there’s still work to do, A. The Canadian banking industry is at the forefront of fossil fuel funding and today’s... announcement puts huge pressure on the other banks to make a change. That’s why we’re launching a new campaign to get RBC, the biggest funder of fossil fuels in Canada, and a laggard in the industry, to defund fossil fuels.

Will you sign today to pressure RBC to pull the plug on fossil fuels?

Your pressure was critical in this win. Over the last two years:

  • Over 51,000 SumOfUs members like you signed a petition that I delivered directly to the CEO
  • Hundreds of you sent tweets and emails to ensure that TD couldn’t ignore your powerful message
  • Almost 20 powerhouse members used their shares to keep the pressure on and force TD into action
  • Dozens showed up for a powerful direct action during climate week

We know that this constant pressure forced TD to act to create a plan to defund fossil fuels. This is proof that people power is stronger than even the biggest corporations. And we know that, together, we can take on RBC and win!

Can you sign to tell RBC to defund fossil fuels?

Sign the petition

Thanks for all that you do,
Amelia and the team at SumOfUs


More information:

TD Swears Off Arctic Oil Deals, Sets 2050 Net-Zero Carbon Goal, Bloomberg, 09 November 2020
Banking on Climate Change report 2020, RAN, 11 January 2020


SumOfUs is a community of people from around the world committed to curbing the growing power of corporations. We want to buy from, work for and invest in companies that respect the environment, treat their workers well and respect democracy. And we’re not afraid to stand up to them when they don’t.

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