It's too HOT
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- Published on Sunday, 29 November -0001 16:00
- Written by editor
A,
They’re calling it a "heat apocalypse" – Europe is literally melting, with roads and runways turning into warped globs of sticky, hot tar. The UK just suffered through its hottest day in history. Arctic permafrost is melting 43x faster than before.
This is not normal. Climate change is destroying our planet already – and yet somehow keeps accelerating.
But the worst offenders behind it – a rotten, predatory financial sector that has poured an unbelievable $4.6 trillion into fossil fuels since the Paris agreement – are flying completely under the radar.
We’re going to change that.
SumOfUs has a plan to build a crack team of campaigners and investigators to expose the financial industry’s responsibility for this emergency, then run massive campaigns in the media and with shareholders to force them to change. We’ll shine the spotlight on these giants like never before. It could be a turning point for the planet, but we can’t do it without your... help. Will you chip in to hold the worst climate criminals to account?
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Scientists are losing it, saying “We’ve never seen anything like this.” But household names like JPMorgan Chase, Citi, and Bank of America just carry on with business as usual. The $4.6 trillion they’ve given since 2016 is since they promised to pursue net-zero.
The companies they shower with loans, investment, and insurance are responsible for 71% of all greenhouse gas emissions. If the banks just defunded fossil fuels, it could literally reset our global economy – and the fight against climate change.
But right now, in anonymity, the financial incentives are all wrong. We need to change the calculation, by making these banks as famous for fuelling climate chaos as they are for plastering their names all over sports stadiums. Here’s how we’ll do it:
- Build a team of expert climate defenders to run mega-campaigns that expose the worst offenders;
- Make the CEOs famous for their role in climate destruction, hounding them at public appearances and splashing their faces on billboards and in the media;
- Organise employees of targeted investment banks to oppose their companies’ policies from the inside;
- File shareholder resolutions around the world to change the rules for investing in favour of the planet.
These banks are the root of the climate crisis. If we’re going to save the planet, this has to work.
And we know it can because we’ve done it before, convincing insurance giant AIG to end its underwriting of a disastrous, climate-wrecking coal mine near the Great Barrier Reef. Time to do it again – and again.
Will you chip in to fund this plan to take on the big banks wrecking our climate?
If you’ve saved your payment information with SumOfUs, your donation will go through immediately.
Donate $89 nowDonate another amount
The plan is ambitious and bold, I know. But ambitious and bold is the only thing that will save life on Earth -- and your support today can help make it happen.
Thanks for all that you do,
Will, Michael, Danny, Yasmin and the SumOfUs team
More information:
Revealed: how climate breakdown is supercharging toll of extreme weather
The Guardian, 04 August 2022
France and parts of England experience driest July on record as new heatwave nears
Euro News, 01 August 2022
Heat waves thawing Arctic permafrost
Phys Org, 28 July 2022
Heatwave: Fires blaze after UK passes 40C for first time
BBC, 19 July 2022
Unprecedented 32.5C in the Arctic Circle during month of smashed global temperature records
SkyNews, 2 July 2022
Banks still supporting fossil fuels to the tune of billions
Capital Monitor, 05 April 2022
Top investment banks provide billions to expand fossil fuel industry
The Guardian, 13 October 2019
Just 100 companies responsible for 71% of global emissions, study says
The Guardian, 10 July 2017
SumOfUs is a worldwide movement of people like you, working together to hold corporations accountable for their actions and forge a new, sustainable path for our global economy.
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