We’ve taken incredible strides since October 2021: thousands of us have demanded that our banks stop financing fossil fuels and deforestation. Tens of thousands of customers have signed letters to their bank’s CEOs, thousands have sent emails, hundreds have made phone calls to bank executives and called out their banks on social media. Over 100 customers have met with branch managers around the country.
Customer advocacy has grown our movement and given activists new tactics to try on. We’ve educated tons of customers and bank staff including branch managers, regional managers, and the Head of Consumer Banking and the Head of Sustainability at Citibank, and the Head of Sustainability at Wells Fargo.
However, with that said, even after all of this incredible organizing that customers have pulled off, banks are still financing fossil fuels and deforestation.
So, now we are also asking customers to participate in some new escalations and strategies to pressure the bad banks, as well as support better banks. To put more pressure on the dirty banks we are asking folks to pledge to collectively to move their money during a national day of action on March 21, 2023. This day of action will kick off a season of actions putting pressure on big banks during one of the most critical times of the year – during their shareholder meetings.
Moving your money can look like a lot of things. It could look like opening up a card with a green bank, moving a large chunk of money out of a checking account, symbolically cutting up a cardboard credit card to show that you’ve decided to stop using a credit card with a fossil fuel financing bank, and more! We want as many folks as possible participating in this day; we want folks to get creative and participate in ways that work for them.
Ultimately, we are going to need as many folks taking action as possible in order to win. Wherever you are at as a customer, there is a way for you to get involved. We are asking customers to take a look and see what works best for them to most align their money with their values and to take advantage of this moment to take things a step further.
The more customers that join us in the movement, the more power we have to demand our banks stop financing fossil fuels and deforestation. If you have any questions about how to get involved, please don’t hesitate to reply to this email with any questions you may have.
In solidarity,
Sarah Lasoff, Customers for Climate Justice
P.S. Our friends at Third Act have compiled some great resources to help you move your money. For example:💡What to Consider When Switching to Greener Credit Cards: FAQs Click on any of the links in this email to check out the Third Act site for more info on the National Stop Dirty Banks Day of Action and more resources for moving your money.
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