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| Latest Updates |
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RBS caught financing coal! |
| 14/02/2008 11:50pm Posted
by Admin |
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The Women's Institute, RSPB, Christian Aid and other large aid organisations have criticised RBS for financing coal plants and extraction.
During 2007, RBS co-arranged almost $1 billion towards US coal plants at Plum Point and Sandy Creek, was part of a $2 billion credit towards Dynegy, the company building more coal plants in the US than any other, and co-arranged almost $5 billion for E.ON, the power company behind controversial plans for a new coal plant at Kingsnorth. |
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Students deliver Valentine to RBS |
| 14/02/2008 11:50pm Posted
by Admin |
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Students in Edinburgh delivered Valentine's card to RBS banches across the City containing amended versions of Sonnet 155
Oh dearest loyal royal Scotland bank
I contemplate your foul affair with oil
And dream of oil fields stinking smell most rank
The fuel that leaves them earth's climate to spoil
[Full version on facebook ] |
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New campaign materials |
| 17/11/2007 8:50pm Posted
by Admin |
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New campaign materials are now available from People & Planet and PLATFORM. These include stickers, action cards and action booklets. Materials can be ordered from People & Planet.
The Sheffield P&P group were first to use the new action cards, distributing them while acting our the action card (left) with street theatre outside their local NatWest branch, raising awareness of RBS' dodgy dealings with many customers and passersby. [Action Card ] |
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Edinburgh Students Association votes for uni to pressure RBS as shareholder |
| 10/11/2007 8:50pm Posted
by Admin |
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Edinburgh University Students Association passed a motion for the university to use its £9.2 million investments in RBS to pressure the bank to stop funding fossil fuel extraction. If RBS has failed to end its financing of new fossil fuel extraction by the 2009 AGM, the university is expected to sell its shares. 400 students voted for the motion during EUSA's AGM on November 7.
On November 6th, Edinburgh People & Planet carried a banner to the front of an RBS careers presentation, and asked difficult questions over RBS practices.
[The motion ][Article in Scotsman ] |
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RBS holdings underwrite regime & profit from Burmese oil |
| 29/10/2007 8:50pm Posted
by Admin |
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Royal Bank of Scotland, through its stake in the Bank of China, is supporting and profiting from Burmese military rule. RBS controls 8.5% of Bank of China, key backer of Chinese oil company Sinopec, who is propping up the Burmese military regime.
Last month Sinopec began drilling a well with the Burmese regime’s oil company. The launch ceremony on September 26 coincided with the first day of the dictatorship’s brutal crackdown on civil dissent.
[Press Release][Article in Sunday Herald] [Letter to RBS] |
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Rising Tide National Day of Action - 25 actions & counting |
| 15/10/2007 8:50pm Posted
by Admin |
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From Edinburgh to Cornwall, blockades to invisble theatre, RBS felt the sting of creative direct action on Monday October 15th. Rising Tide, local People & Planet and Camp for Climate Action groups held at least 25 different actions at local branches and central offices. Pipelines were delivered to branches in Oxford and Cardiff while six homeless polar bears locked themselves across a vehicle entrance in Bristol. A banner was hung above the glass canopy of the main London Bishopsgate office (right). [more] |
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Scottish
students target RBS |
| 14/09/2007 8:50pm Posted
by Admin |
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Scottish students from
the People & Planet network launch campaign against RBS. Groups
in Edinburgh protested outside RBS student branches during freshers'
weeks, calling on them to withdraw investments from oil extraction.
[more] |
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Amnesty:
RBS could be encouraging slave labour and pollution |
| 29/08/2007 8:50pm Posted
by Admin |
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Amnesty International raised concerns
that RBS' investments in China could be encouraging slave labour
and pollution. [more]
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Press Release: RBS own profits threatened by fossil fuel financing |
| 03/08/2007 8:50pm Posted
by Admin |
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As the Royal Bank of Scotland prepares to announce its interim 6-month profits on Friday, NGOs warn that the bank’s financing of oil & gas projects may threaten current & future profit margins. Calculations indicate that the bank is carrying unaccounted for current carbon liabilities of up to almost £1 billion, over 20% of the bank’s interim profits. [more]
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