In case you missed the news, giant coal and oil companies were hit from all sides this week. From shareholder pressure to international climate lawsuits, things are not looking good for the two main industries destroying our future. Banks don’t seem to be getting the memo.
Why are brand-conscious banks like RBC still so cozy with these rogue industries of doom? Are the short term profits really that good, guys?
Here’s a great overview of their week from hell:
WATCH 🎬: oil and coal companies are getting hammered from all sides!
Judges, investors and governments are piling in, telling them to reduce emissions now and fast.
Did banks not get the memo?🤔
Here’s a handy reminder of all the amazing news recently. pic.twitter.com/w3R78SspSy
— Bank On Our Future (@bankonourfuture) June 17, 2021