Ukraine's government is urging banks -- for peace's sake -- to cut ties
with corporations that trade Russian oil.

Add your voice to that call, so bankers stop funding Putin's war.

[ [link removed] ]Photo of Russian tanks in Ukraine. Night scene.


[ [link removed] ] Sign the petition 

   
John,

Putin’s bloody invasion of Ukraine is grinding on to its sixth month, and
a handful of western banks are still supporting Russia’s fossil fuel
sector.

Banks including Citi, HSBC, JPMorgan Chase, and Crédit Agricole are
propping up Russian oil and gas producers and traders, prolonging Putin’s
war.

But Ukrainian peace and climate activists, and even an advisor to the
Ukrainian president, are naming and shaming the banks for their crimes. As
we approach the war’s six months mark, a massive public outcry could help
change the bankers’ calculus.

[ [link removed] ]Tell Citi, HSBC, JPMorgan Chase, and Crédit Agricole to exit Russia’s
fossil fuel sector.

In July, Ukraine’s government wrote to the bosses of U.S. and European
banks, urging them to cut ties with corporations that trade Russian oil.
They’re even gathering evidence, they’ve told reporters, to take the
bankers to court when the war is over.

Pressure is mounting, and all we need is one bank to change to break the
deadlock.

Right now Citi Group provides huge loans, bond issuance, revolving credits
to Russian oil and gas giant Lukoil, Gazprom and to the trader, Vitol.
HSBC holds shares in Lukoil, Tatneft, Novatek, Gazprom and Rosneft.
JPMorgan holds $8 billion in Gazprom, Lukoil, Sberbank and Rosneft shares.
Crédit Agricole holds more than €2 billion in Russian fossil fuel company
shares. That’s what needs to stop.

[ [link removed] ]Tell the bankers to exit Russia’s fossil fuel sector, and stop
prolonging Putin’s war.

The situation looks desperate, but public pressure works -- and especially
if the timing is right. SumOfUs members like you helped make Total and
Chevron quit Myanmar over human rights abuses. Let’s add our voices now to
all the Ukrainians demanding that these international banks stop
prolonging Putin’s war. 



[ [link removed] ] Sign the petition 



Thanks for all that you do,
Eoin and the team at SumOfUs


More information:

[ [link removed] ]Ukraine accuses US and European banks over Russia links Financial
Times.
[ [link removed] ]List of fossil fuel companies operating in Russia Reclaim Finance.
[ [link removed] ]Razom We Stand campaign website
 
 

 

 

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