From Will Frechette, SumOfUs <[email protected]>
Subject Heat apocalypse
Date August 11, 2022 8:45 AM
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[ [link removed] ]Graphic of heatwave across Europe on the 4th of August 2022

John,

They’re calling it a "heat apocalypse" – Europe is literally melting, with
roads and runways turning into warped globs of sticky, hot tar. The UK
just suffered through its hottest day in history. Arctic permafrost is
melting 43x faster than before.

This is not normal. Climate change is destroying our planet already – and
yet somehow keeps accelerating.

But the worst offenders behind it – a rotten, predatory financial sector
that has poured an unbelievable $4.6 trillion into fossil fuels since the
Paris agreement – are flying completely under the radar.

We’re going to change that.

SumOfUs has a plan to build a crack team of campaigners and investigators
to expose the financial industry’s responsibility for this emergency, then
run massive campaigns in the media and with shareholders to force them to
change. We’ll shine the spotlight on these giants like never before. It
could be a turning point for the planet, but we can’t do it without your
help. Will you chip in to hold the worst climate criminals to account?



[ [link removed] ]Chip in
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in another amount

Scientists are losing it, saying “We’ve never seen anything like this.”
But household names like JPMorgan Chase, Citi, and Bank of America just
carry on with business as usual. The $4.6 trillion they’ve given since
2016 is since they promised to pursue net-zero.

The companies they shower with loans, investment, and insurance are
responsible for 71% of all greenhouse gas emissions. If the banks just
defunded fossil fuels, it could literally reset our global economy – and
the fight against climate change.

But right now, in anonymity, the financial incentives are all wrong. We
need to change the calculation, by making these banks as famous for
fuelling climate chaos as they are for plastering their names all over
sports stadiums. Here’s how we’ll do it:

* Build a team of expert climate defenders to run mega-campaigns that
expose the worst offenders;

* Make the CEOs famous for their role in climate destruction, hounding
them at public appearances and splashing their faces on billboards and
in the media;

* Organise employees of targeted investment banks to oppose their
companies’ policies from the inside;

* File shareholder resolutions around the world to change the rules for
investing in favour of the planet.

These banks are the root of the climate crisis. If we’re going to save the
planet, this has to work.

And we know it can because we’ve done it before, convincing insurance
giant AIG to end its underwriting of a disastrous, climate-wrecking coal
mine near the Great Barrier Reef. Time to do it again – and again.

Will you chip in to fund this plan to take on the big banks wrecking our
climate?



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$1[ [link removed] ]Chip
in another amount

The plan is ambitious and bold, I know. But ambitious and bold is the only
thing that will save life on Earth -- and your support today can help make
it happen.



  Thanks for all that you do,  
Will, Michael, Danny, Yasmin and the SumOfUs team



---------------------------------

More information:

[ [link removed] ]Revealed: how climate breakdown is supercharging toll of extreme
weather
The Guardian, 04 August 2022

[ [link removed] ]France and parts of England experience driest July on record as new
heatwave nears
Euro News, 01 August 2022

[ [link removed] ]Heat waves thawing Arctic permafrost
Phys Org, 28 July 2022

[ [link removed] ]Heatwave: Fires blaze after UK passes 40C for first time
BBC, 19 July 2022

[ [link removed] ]Unprecedented 32.5C in the Arctic Circle during month of smashed global
temperature records
SkyNews, 2 July 2022

[ [link removed] ]Banks still supporting fossil fuels to the tune of billions
Capital Monitor, 05 April 2022

[ [link removed] ]Top investment banks provide billions to expand fossil fuel industry
The Guardian, 13 October 2019

[ [link removed] ]Just 100 companies responsible for 71% of global emissions, study says
The Guardian, 10 July 2017

 

SumOfUs is a worldwide movement of people like you, working together to hold corporations accountable for their actions and forge a new, sustainable path for our global economy.

Please help keep SumOfUs strong by chipping in $3. [link removed]
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