For decades high street banks have been heavily invested in fossil fuels, using your money to drive irreversible climate change and environmental destruction.

From oil, coal and gas to new polluting industries like fracking, big banks are the driving force behind these socially and environmentally disastrous industries.

This isn’t just a green issue though – it’s also a financial one. Either fossil fuels stay in the ground and big banks lose billions writing off these “stranded assets,” or irreversible climate change will threaten human life as we know it. Its that simple.

Now, with Move Your Money, you have the chance to take back control of your savings and choose how they shape the world around us. We’re launching a campaign to help you give your bank a simple ultimatum: either they disclose their investments and vow to take your money out of fossil fuels, or you’ll take your money out of their accounts.

By pledging to move your money out of the big 5 and into Good Money if the banks don’t clean up their act, you are joining a growing movement of divestors that are moving their money out of the problem and into the solution. Click below to read our full report on fossil fuels, and to find out how much your bank has invested in fossil fuel extraction.

The Report

Assets in oil, gas and coal extraction, in £ million

	£17,010.64 m	Email your bank
	£15,653.73 m	Email your bank
	£15,530.26 m	Email your bank
	£14,419.32 m	Email your bank
	£3,542.54 m	Email your bank

Total across the Big 5 : £66,156.50 million

"either you divest, or I will"

Email your bank

          Dear {name},

As {position} at {bank}, I am sure you will be aware of the urgency of the current global climate crisis. The UN has stated the necessity of limiting global warming to 2 degrees Celsius. To achieve this, it is absolutely crucial that businesses work alongside governments, individuals and other organisations to meet ambitious targets – especially when it comes to transitioning from fossil fuel use to renewable energy. 

The five biggest UK banking groups have between them given an estimated £66 billion of funding to fossil fuel extraction projects alone in 2012. You therefore play a vital role in deciding what types of energy projects get funded, and in determining the future of our planet’s climate. If we are to prevent the effects of climate crisis from being devastating to us all, it is imperative that you stop providing finance to fossil fuel projects, and start investing in the sustainable economy instead. 

The worldwide movement for fossil fuel divestment is growing every day. As a citizen concerned about our global capacity to meet targets and reduce the effects of climate change, I cannot give my financial support to an institution that bankrolls climate change. Therefore, as a customer of your bank, I hereby make the following demands:

- Immediately disclose all your investments in the fossil fuel industry.
- Commit to a 5-10-year plan to completely divest from fossil fuels.

If you do not meet these requests, I will be left with no choice but to move my money to a financial institution that takes its social, ethical and environmental responsibilities seriously. Until you show a solid, lasting and credible commitment to fossil fuel divestment, as outlined above, I can no longer continue to support your organisation and its activities. 

You have a fantastic opportunity ahead to set humanity on course for a better future, to shift investment to sustainable energy, and to completely transform your own reputation in the process. Please, do what you know is the right thing.

With hope and my warmest regards,
        

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Divest now and support the alternative - click here to find out where to move your money