Toxic Bonds
@toxic_bonds
Campaign calling on all financial institutions to stop financing bonds issued by fossil fuel developers.
ID:1519134266763882497
http://toxicbonds.org 27-04-2022 02:00:32
623 Tweets
574 Followers
487 Following
📣 Calling on Deutsche Bank and Barclays UK to start acting as they committed to, and to stop financing #FossilFuels developers, including indirectly through the structuring of bonds.
🚨 Toxic bond alert! 💣
Deutsche Bank and Barclays UK just issued a new #bond for Glencore.
💡 Reminder: Glencore is still planning on opening new #coal mines, despite all warnings from climate science.
This bond is completely incompatible with the banks' #climate commitments.
This week we launched a complaint with B Lab, urging them to revoke Lombard Odier's B Corp status.
Why? Because the Swiss Bank is blatantly #greenwashing .
LOOK 👀 climate activists derail Abrdn AGM in #Edinburgh demanding the asset manager ditch fossil fuels Tipping Point UK Extinction Rebellion Scotland abrdn Investments UK abrdn plc
1/5
🚨BREAKING🚨
Climate activists from XRUK_Actions XR Money Rebellion 🌍🌱🏳️⚧️ Extinction Rebellion Scotland @c0urage2021 disrupt and delay abrdn UK AGM to DEMAND they stop investing in coal, oil and gas.
'Aberdeen, you are driving us towards a climate collapse!'
Great to join Tipping Point UK this afternoon for a bit of Discobedience abrdn Investments UK
Extinction Rebellion Scotland #ClimateEmergency
The Science Museum closed its Adani-sponsored Energy Revolution Gallery over the weekend after scientists & young people occupied the space & added a pile of coal to show the truth about Adani Group.👏Chris Packham said Adani's sponsorship is 'beyond greenwash - it's grotesque'
🔴 The bond market is a cash cow for TotalEnergies’ climate-wrecking projects:
- it currently has 45 active bonds, totalling US$48.9 billion
- bonds are still issued: a few days ago, the company issued a new bond worth US$4.25 bn thanks to banks such as Deutsche Bank Standard Chartered.
'Offering financial support to TotalEnergies, either by holding or structuring its bonds, 'runs counter to the urgent need to reduce greenhouse gas emissions' and exposes investors and banks to the risks posed by the oil major's projects' Sustainable Views ⤵️
sustainableviews.com/investors-and-…