WELLS, WE CAN SEE YOUR DIRTY SIDE
- Wells Fargo Bank ranks #1 worldwide among private banks for fracked oil & gas financing.
- They are the #2 US funder of the Line 3 tar-sands pipeline being constructed at the headwaters of the Mississippi river.
- Wells is the #3 private bank worldwide for fossil fuel finance — only behind JPMorgan Chase and Citibank for this dubious honor.
(Source: Banking on Climate Chaos and Who's Banking Line 3)
OUR DEMANDS
To meet our demands, Wells Fargo must:
- Commit to ending all new financing of fracked oil and gas projects.
- Stop all funding for the Line 3 pipeline, including underwriting of phony "sustainability" bonds.
- Make a public commitment in the lead up to COP 26 for improved ESG goals across all investments.
- Engage an independent tracking system to measure Wells Fargo Bank's total carbon footprint on an ongoing basis, including things like scope 3 emissions.
HOW YOU CAN HELP
If you already have an account with Wells Fargo, pledge to move your money:
If you DO NOT have an account with Wells Fargo, pledge to never fund fossil fuels:
Get involved with Extinction Rebellion SF Bay Area by signing up for our newsletter:
GREEN BANKING
Find a sustainable bank or credit union!
Here is a list of resources to get you started: