Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search


ANZ Bank ‘proudly’ sponsors coal, oil, and gas industry

This week 350 Aotearoa climate campaigners will impersonate ANZ Bank staff in several satirical actions outside of ANZ branches. The actions will expose ANZ Banks’s current social and financial support of the fossil fuel industry: through its sponsorship of exclusive oil industry group, the Petroleum Club; and its lending to fossil fuel companies that enables industry growth.

ANZ is currently the bank operating in Aotearoa that lends the most money to the fossil fuel industry. It is also a sponsor of the Petroleum Club, an industry group focused on advancing the fossil fuel industry’s operations in Aotearoa

350 Aotearoa campaigner Claudia Palmer said “ANZ Bank is greenwashing its complicity in the climate crisis. While claiming to be carbon neutral it is lending to fossil fuel companies and sponsoring exclusive industry groups that enable the advancement of coal, oil, and gas projects that are causing the climate crisis.”

“ANZ relies on the secret nature of the Petroleum Club events to mask its relationship with oil and gas: if ANZ was proud of its sponsorship of the Petroleum Club it would promote its involvement in the same way that we see its brand all over sports teams and its other charity partners. We’re taking action and doing ANZ’s promotion on its behalf so that New Zealanders know the truth about ANZ’s financial support of the climate crisis.”

In Dunedin, the public will be offered an ANZ sponsored oily souvenir to take home. In Wellington, ‘oil’ taste-testers will be on offer to see whether the public prefer the classic Taranaki oil or, the hotly in pursuit Otago South Basin oil. In Auckland, members of the public can ‘vote’ on ANZ Banks’s next sponsorship of a fossil fuel project: an open cast coal mine on Mount Eden, oil drilling in the Waitemata Harbour, or a coal-fired power plant on Auckland’s Viaduct.

These actions are relaunching 350 Aotearoa’s Fossil Free Banks campaign, which has included calling for ANZ to cut its ties with the fossil fuel industry since 2015. The campaign successfully stopped ANZ from sponsoring the Petroleum Summit in 2016, and later that year over 500 people took direct action to shut down ANZ branches across New Zealand. Earlier this week, posters went up outside ANZ branches across New Zealand to expose ANZ Bank’s sponsorship of ‘The Petroleum Club’. The posters played on ANZ Bank’s recent ad campaigns, replacing the banks’ tagline ‘healthy homes start here’ with ‘the climate crisis starts here’, and featured ANZ’s logo dripping in oil. The posters also showed ANZ’s purported carbon emissions based on its lending to fossil fuel companies.

Palmer said “In 2019 no institution should want ties coal, oil, or gas companies on its books. ANZ must come clean and cut their ties with the fossil fuel industry.”

Details for the events are as follows:
Dunedin: 12 noon, Thursday 22nd August 2019 at ANZ corner Hanover St & George St.
Wellington: 12 noon, Thursday 22nd August 2019 at ANZ Willis St
Auckland 12 noon, Friday 23rd August 2019 at 268 Queen St

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The RWC, And The Op Burnham Inquiry

Testimony was given that damning evidence had been culpably ignored, lost or (deliberately?) mislaid. The systems for handling secret material from our allies were – to be charitable – only loosely observed.

Moreover… vital evidence was only belatedly made available to the inquiry, and former NZDF officers later found to be central to the events under scrutiny were strangely missing from the original witness list offered by NZDF. In short, last week’s cross-examination of the military’s former top brass demonstrated in detail that the NZDF had consistently misled its Ministers (and the wider public) for years, over the impact of our military activities in Afghanistan. More>>


Guns, Lobbying: National Has Wish List For Arms Bill

National has today outlined the 13 changes we want to see in the second tranche of gun reforms before considering our support, National’s Police spokesperson Brett Hudson says. More>>


Call For Action On Expert Panel Report: Welfare System Needs Urgent Change

If we want New Zealand to be the best place in the world to be a child, the Government needs to increase benefits, remove sanctions, individualise benefits, and fix abatement rates now, says Child Poverty Action Group and ActionStation . More>>


First Data Releases: Mixed External Report On Census Fail Mitigation

The panel endorses the statistical approaches used to mitigate non-response... However, the unprecedented use of alternative government datasets to augment census data raises questions around ethics, social licence, cultural licence, and Māori data sovereignty. More>>


Aitches: Manawatū-Whanganui Region Spelling Corrected

The Manawatu-Wanganui Region will in future be correctly spelt Manawatū-Whanganui Region. The change also means the regional council will be known as the Manawatū-Whanganui Regional Council. Horizons Regional Council is the trading name for the council. More>>

PM In Japan: Jacinda Ardern’s Remarks Following Abe Summit

Today we discussed a wide range of topics. Broadly the themes were: a deeper, high-value trade and investment relationship, greater cooperation in the Pacific; and strengthening our security partnership. More>>


Replacing All But Chair: Twyford Appoints Five NZTA Board Members

Transport Minister Phil Twyford today announced the appointment of five new members to the NZ Transport Agency Board... There remain two vacancies on the NZTA Board which will be filled in due course. More>>


Climate Change: Adaptation And Risk Assessment Framework Released

“We are already experiencing the effects of a changing climate such as coastal inundation and increasingly frequent and severe droughts, floods, fires and storms. This framework is an acknowledgement that we must start adapting”, James Shaw said today. More>>


Ihumātao: Mana Whenua Reach Decision On Land

Māori King Tūheitia says mana whenua have finally reached consensus over what to do with Ihumātao - they want it back. More>>





InfoPages News Channels