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Green groups boycott Climate Week over RBS

Independent
Dirty Money – Corporate greenwash and RBS coal finance

Dirty Money – Corporate greenwash and RBS coal finance

All over the world, diverse groups from community activists to schoolchildren, small businesses to faith-based networks, are starting to take action on climate change. Big business is following suit, but often with tactics that bring their integrity into question. Climate change is being used as to create a new kind of brand identity, without any...

Follow the Money

  Follow the Money – RBS article in Foto8 Magazine   (This article first appeared in the current, oil-themed issue of Foto8 magazine – http://www.foto8.com/new/in-print/8-magazine ) Despite the fact that there is not a single drop of crude to be found underneath the streets of London, the city acts as one the international capitals of the oil...
Cleaning up the Royal Bank of Scotland

Cleaning up the Royal Bank of Scotland

A short video that was made in conjuntion with WDM-Scotland, FOE-Scotland and others about activities around the RBS AGM in Edinbugh in 2010.

Campaigners condemn link between public money and Cairn’s Arctic drilling

RBS provided loan to oil company one month before it acquired rig for arctic drilling Joint press release from PLATFORM, Friends of the Earth Scotland and the World Development Movement A coalition of environmental and social justice organisations in the UK are condemning the use of public money, through 83% publicly owned RBS, to provide...
A Bank for the Future: Maximising public investment in a low-carbon economy

A Bank for the Future: Maximising public investment in a low-carbon economy

The recent financial crisis cost the UK £129 billion in annual GDP and increased the structural deficit by £93 billion. The initial budget cuts announced by the coalition government demonstrate the pain this is causing to public services. The UK can't afford another meltdown, yet short term, high risk, carbon intensive investments are still business...

Should RBS get credit for going green?

CLIMATE change protesters are threatening direct action protests against the Royal Bank of Scotland over dealings with the oil industry. They say the bank invests more in the fossil fuel industry than any other in the UK and claim this is damaging the planet. The Government-owned bank, however, prides itself on its environmental record. The...

Taxpayers’ money involved in financing controversial tar sands companies

New report exposes RBS involvement in Canada’s “blood oil” Bank executives meet in Toronto and discuss concerns about public backlash over involvement in tar sands Environmental and development groups announce a week of protest around the RBS AGM in April over the bank’s tar sands investments It’s been revealed that RBS have been involved in...
Cashing in on Tar Sands: RBS, UK banks and Canada's "blood oil"

Cashing in on Tar Sands: RBS, UK banks and Canada’s “blood oil”

Tar sands extraction in Canada is devastating Indigenous communities, wildlife and vast areas of boreal forests, as well as being many times more carbon-intensive to produce than ‘conventional’ oil. The higher oil prices in recent years have meant that it’s become a more attractive prospect for oil companies to expand their operations in the costly...

The Treasury, UKFI and RBS – the Government’s biggest climate change failure

Evidence submitted by Green Alliance, People & Planet, Platform and the Royal Society for the Protection of Birds to the parliamentary Environmental Audit Committee. This evidence outlines the extent to which RBS are continuing to provide finance for significant projects responsible for climate changing emissions, what UKFI is doing about this, what they would need...

New legal action over latest RBS bail out

Last November’s £25 billion cash injection deemed ‘unlawful’ by campaigners Treasury’s intervention in bankers’ bonuses strengthens campaigners case Three pressure groups today served the Treasury with their application to the High Court, challenging last November’s decision to provide a further £25 billion of public money to the Royal Bank of Scotland. According to the Treasury’s...

Royal Bank of Sustainability?

At the end of 2008, UK taxpayers became majority owners of the Royal Bank of Scotland, one of Britain’s largest banks. So, since we’ve paid for it, shouldn’t we have some say in how it is run? Kevin Smith, from the campaigning organisation Platform, puts the case – http://www.redpepper.org.uk/Royal-Bank-of-Sustainability/.   In the year since it was...