Christian Aid has taken a stand after a new ComRes poll found that 80 per cent of public agree it is morally wrong for banks to profit from investments that pollute the environment, while 77 per cent believe banks should be stopped from doing so.
Suzanne Ismail Christian Aid’s Senior Policy Advisor told Premier that it’s an urgent issue.
She said: “We need to act on climate change now. There’s really clear evidence to hear it’s really hurting the world’s poorest people.
“Fossil fuels are the biggest contributions, particularly through the energy sector.”
Former Archbishop of Canterbury, Dr Rowan Williams, who is also chair of Christian Aid, said: “This year we have seen extreme weather displacing millions of people in South Asia and bringing death and destruction in the Caribbean and the United States.
“These communities count the cost in lives lost. But British investors, including banks, continue to count profits from just those fossil fuel investments that contribute to climate chaos.”
In light of the new poll numbers, Christian Aid has launched its “Big Shift” campaign.
The charity has contacted more than 25,000 CEOs of the big four high street banks asking them to move their investments out of fossil fuels.
It has also encouraged bank customers to email their banks and do the same.
Last week Barclays announced profit for the year to September of £3.4billion. Lloyds announced…
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