Climate protesters from up to 60 countries have gathered in person and online for Fridays for Future, a movement created by Swedish activist Greta Thunberg.
The activists raised local issues alongside the globally coordinated #cleanupStandardChartered campaign, calling on London-based Standard Chartered to ditch coal in emerging markets.
The action follows a letter activists wrote last month to Standard Chartered CEO Bill Winters asking bank FTSE100 to stop funding coal.
It read: “Standard Chartered remains one of the world’s largest coal finance banks, fueling the climate crisis.
“Mr. Winters, we must stop funding the destruction, the slaughter of the planet and contributing to the death of its inhabitants.”
Thunberg also tweeted a link to the campaign, claiming that the bank had loaned $ 24 billion to coal, oil and gas businesses since the Paris climate agreement was signed in 2016.
In the Philippines, where Standard Chartered is the largest financier of the coal industry, activists stood in front of the bank’s headquarters with banners and posters.
Full-time activist and math graduate Mitzi Jonelle Tan was part of a group that handed out a giant check to symbolize the amount of money the bank had loaned to the country’s coal industry, which they said was 674 million euros. Dollars.
She said: “Simply put, we need immediate action because the climate crisis is here and it’s only going to get worse. And we have to choose people and the planet over profit.
“That is all we ask that we listen to the science that we prioritize people because this is a matter of life and death. The climate crisis is here ”.
In the UK, student activist Dominique Palmer was part of a group protesting the University of Birmingham and Birmingham City Council calling for the divestment of fossil fuels. He also participated in online activism as part of the #cleanupStandardChartered campaign, using social platforms to advance the voices of people in other parts of the world who are more directly affected by the climate crisis.
Palmer said: “It is very important that on this side of the world we are also getting involved in helping the pressure, and you also know the aid platform, the voices of the people who have already been directly impacted by it, that is why we are acting here “.
Climate activists are increasingly targeting banks. Environmental activists lobbied Barclays and HSBC last year and both banks agreed to discuss divestment from fossil fuels.
A Standard Chartered spokesperson said: “We have made great strides in our coal policy over the past few years. We continue to review our positions in light of stakeholder feedback and intend to remain a leader in articulating a path to net zero by 2050. We are committed to detailed transparency of our transition strategy and plan to put it to a vote. shareholders’ advisory in 2022.
“Our position on coal is that we will not provide financial services directly for new coal-fired power plant projects anywhere. We will not provide financial services directly for any expansion, modernization, or dedicated coal-fired power plant infrastructure. “
George is Digismak’s reported cum editor with 13 years of experience in Journalism