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We’ve been going after the Royal Bank of Canada for bankrolling the tar sands for some time now. Today, we went after the other Royal Bank–the Royal Bank of Scotland–with our friends across the pond. RBS ranks 7th globally among banks backing tar sands operators, but first in the UK where taxpayers now own more [...]
Continue reading...Friday, February 19, 2010
After a year of campaigning, this afternoon RBC and RAN finally sat opposite the same table to talk tar sands (here’s the background for those just tuning in). In RBC’s corner was COO Barbara Stymiest joined by Sandra Odendahl and Shari Austin. We correspond with Sandra and Shari pretty regularly. Barbara was a new contact. [...]
Continue reading...Sunday, January 31, 2010
After more than a year of denial, RBC may be admitting that it has a problem in the tar sands. Tomorrow, we’ve learned that RBC will host a group of more than a dozen international banks for what it calls a “day of learning”. The meeting comes just eight weeks after our letter to 68 [...]
Continue reading...Thursday, September 24, 2009
RBC CEO Gord Nixon should be putting his bank’s money where his mouth is. Last week, he offered an incoherent defense of RBC’s “balanced approach” to the environment after RAN activists confronted him on the bank’s financial support for expansion of Canada’s tar sands. Recognizing his stumble, Nelson hit the papers this week to explain. [...]
Continue reading...Tuesday, June 2, 2009
A group of folks has come together in Toronto to help push the campaign to clean up RBC forward. Here’s their report on a recent confrontation with bank Executives over the bank’s financing of the tar sands. Check out the video on YouTube Five activists with the Rainforest Action Network attended the Investing in Water [...]
Continue reading...Thursday, May 14, 2009
We’re excited to announce an “alternative annual report” on Chevron due for release May 26th. I don’t want to spoil the surprise, but can say that it’s the most thorough and up-to-date documentation of Chevron’s global troubles that I’ve seen. And just in time! Chevron’s shareholder meeting is May 27th. Antonia Juhasz was lead author [...]
Continue reading...Friday, March 6, 2009
It was a good week in the fight against tar sands. Last week, RBC CEO Gord Nixon went on record saying that he would “consider” an invitation from Lionel Lepine to visit Ft. Chipewyan (video soon on youtube). After the meeting, the Financial Times cited concerns about RBC’s financing of a Transcanada pipeline across Lubicon [...]
Continue reading...Wednesday, March 4, 2009
Canadian Environment Minister Jim Prentice wrapped up his visit with US Cabinet and Congressional Leaders yesterday, but not without interruption. RAN received the following dispatch from Paul R. Bear from Washington, D.C. After I heard about Prentice making a visit to DC, I grabbed a couple of buddy-bears and made a bee-line for the beltway. [...]
Continue reading...Monday, March 2, 2009
I joined about 30 powershifters to brave the snow and wind early this morning to send a message to Congressional leaders ahead of Canadian Minister of the Environment Jim Prentice. Inside the Russell Senate Office Building, I joined Gitz, Melina and Myron–the Indigenous delegation from Alberta to deliver a letter to Senator John Kerry, while [...]
Continue reading...Thursday, February 26, 2009
Update - just in from Mark in Toronto (with pictures): We had a great protest this morning in Toronto at the Royal Bank headquarters. Fifteen activists greeted RBC employees on their way to work for an hour and a half. We had a banner that read “RBC creates climate chaos. Renewables not tar sands.” As [...]
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Wednesday, April 28, 2010
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