Dear John
If we’re going to stop climate breakdown, we need to end the era of fossil fuels and speed up the transition to renewable energy.
But right now the UK has at least 40 fossil fuel extraction projects in the pipeline [1]. Friends of the Earth is fighting back.
In 2021 we took on the proposed Whitehaven coal mine at a public inquiry. And we campaigned tirelessly against the new Cambo oil field, which is now on hold, with even oil giant Shell pulling out of the project.
But did you know your bank could be funding these developments?
From 2016 to 2020, the UK’s top 5 banks provided around £220 billion in funding for coal, oil and gas projects [2]. High street banks like HSBC and Barclays are fuelling the climate crisis by continuing to invest in dirty fossil fuels, despite scientists’ warnings that we need to leave them in the ground.
Our partner Triodos Bank does things differently. Triodos is a sustainable bank, a certified B Corp [3] and does not invest in fossil fuels, tobacco, fast fashion, or weapons and ammunition – but instead focuses on having a positive impact on people and planet.
It’s easy to start banking with Triodos. You’ll know your money is funding projects that make the world a better place.
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New to Triodos Bank?
If you open a Personal Current Account and select “Friends of the Earth” when asked how you heard about the bank, Triodos will donate £60 to us once your balance reaches £100. Eligibility, terms and conditions and a £3 monthly fee apply.
Already bank with Triodos?
If you’ve already opened an account, Triodos will donate £25 to Friends of the Earth for each new Personal Current Account customer who joins on your recommendation.
Your recommended friends can choose to donate £60 to Friends of the Earth too (so that’s a potential donation of £85 between you). Eligibility, terms and conditions and a £3 monthly fee apply.
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Thanks so much for reading.
Best wishes,
Aleanna Shaughnessy
Supporter Relations Manager
NOTES:
[1] Read our report on UK government support for fossil fuel extraction.
[2] See the Banking on Climate Chaos 2021 report.
[3] Certified B Corporations are businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. Find out more here.
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