HSBC's climate criminality


10 October 2013

Today, on the eve of Dirty Energy Month, we descended upon a branch of HSBC in the heart of the Square Mile. We cordoned off an area outside the bank with climate criminal hazard tape and informed curious passers-by of the bank’s investments in fossil fuel projects the world over.

We drew particular attention to coal mining in Kalimantan, Indonesia, which has destroyed communities and poisoned the local environment, all for a source of energy that is furthering us towards climate catastrophe.



We tried to hand in a cheque for 7p to ‘compensate’ HSBC for our occupation of 14 square meters of land in front of their branch – the same rate of half a penny per square metre the mining company BHP Billiton gave to local communities as compensation for taking their customary land in the Borneo rainforest. HSBC has helped BHP Billiton has raised over £1.8 billion in bond issues since 2009.

This series of videos illustrates our purpose and how’s the day’s action unfolded, including the surprise closure of the branch. Enjoy.

If you would like to organise a similar action at an HSBC near you, contact activism@wdm.org.uk for a stunt pack. For more information about our Carbon Capital campaign visit: http://wdm.org.uk/carbon-capital

 

 

Tags:

Blog

Full list of MPs who voted AGAINST giving Parliament a say on future trade deals

Yesterday MPs once again voted down an amendment to the Trade Bill which would have given MPs a guaranteed vote on future trade deals, by a majority of 75.

The government's reasons for not stopping the Cumbria coal mine are nonsense

While claiming to be a climate leader ahead of the COP26 climate talks in Glasgow this November, our government is planning to allow a new coal mine to be built in Whitehaven, Cumbria. We must stop it.

Is the UK trying to delay its pledge to dump dirty development?

The UK government has just launched a new consultation on how to stop funding fossil fuel projects in the global south. We need your help to send them a clear message: dump dirty development immediately, and dump it for good.