TD Bank
- Details
- Published on Thursday, 03 November 2016 08:00
- Written by editor
The Dakota Access Pipeline is being funded by banks like RBC, TD and Scotiabank to the tune of 2.5 billion dollars.
Tell RBC, TD, Scotiabank and other banks to stop financially supporting the DAPL now.
Sign the petitionA,
Over 100 water protectors were brutally arrested by Dakota Access Pipeline (DAPL) security forces -- some locked in dog kennels and shot at with rubber bullets and pepper spray -- just for standing up for their ancestral lands and our most precious resource, water.
Thousands have peacefully gathered in person and in solidarity to stop this 570,000 barrel-per-day pipeline that would endanger the water and ancestral lands of the Standing Rock Sioux. People around the world have donated, showed up in person, and millions used Facebook’s ‘check in’ function in solidarity just this week.
And while this inspiring work is going on, the banks that we use every day like RBC, TD and Scotiabank are backing the project with hundreds of millions of dollars in loans and investment each.
North Dakota recorded nearly 300 oil pipeline spills in less than two years -- and none were disclosed to the public. It’s no wonder Indigenous and non-Indigenous communities alike are terrified by the prospect of this project.
The DAPL was originally going to be routed near the city of Bismarck -- but was rejected because it would have run so close to municipal water sources. But for some reason, it was given a green light to put the Standing Rock Sioux’s ancestral water supply at risk.
While the courageous resistance at Standing Rock has captured the world’s imagination, it’s also an astonishing example of how much power the banks have when it comes to environmental justice and our changing climate.
RBC, TD and Scotiabank aren't the only banks trying to profit off the Dakota Access Pipeline. International banks like Deutsche Bank, Citibank, HSBC and ING are supporting the pipeline too.
These banks are vulnerable to public pressure. We are their customers and shareholders -- and they need our business.
What we are bearing witness to at Standing Rock is a moment of history. We can't all be in North Dakota, but we can all stand in solidarity with those who are. Which is why after you sign the petition, we will list other ways you can support to help the Standing Rock Sioux Tribe stop the Dakota Access Pipeline.
Alongside Indigenous allies and grassroots communities on the front lines, tens of thousands of SumOfUs members raised their voices together to help stop the Keystone XL pipeline cold. And over and over again, this incredible community has stood with Indigenous communities, contributing tens of thousands of dollars to lawsuits to stop Enbridge’s Northern Gateway Pipeline.
Together, we’ve signed and delivered hundreds of thousand petition signatures to Kinder Morgan with Indigenous leaders to stop the Trans Mountain Pipeline, and attended shareholder meetings and met with key investors in the project to help stop it.
This community is powerful when it comes together. Now, we need to come together now and help the Standing Rock Sioux stop the Dakota Access Pipeline.
Sign the petition asking banks to stop supporting Dakota Access Pipeline now.
Thanks for all that you do,
Angus, Emma, Liz, and the rest of the SumOfUs team
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More information:
Canadian banks fund Dakota Access pipeline companies: investigation, Ricochet, 9 September 2016.
Who's Banking on the Dakota Access Pipeline? Food and Water Watch, Sept 6, 2016
The $3.7-billion pipeline that became a rallying cry for tribes across America, LA Times, Sept 13, 2016
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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