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 How Women Are Suffering The Most From The Covid Economic Recession

Both here and abroad, the Covid-19 economic recession has been disastrous for women workers and their families. In November, young women below 30 in particular were feeling the consequences:

Of concern is the sustained deterioration in youth employment, particularly for females, with a -4.3% pa drop in filled jobs for females aged below 30, and a 3.9%pa drop for males aged below 30....More>>

 

New Zealand Government: Cook Islanders To Resume Travel To New Zealand

The Prime Minister of New Zealand Jacinda Ardern and the Prime Minister of the Cook Islands Mark Brown have announced passengers from the Cook Islands can resume quarantine-free travel into New Zealand from 21 January, enabling access to essential services such ... More>>

ALSO:

A New Year: No politicians at Rātana in 2021

Annual celebrations at Rātana pā will be different this year, amid a decision to hold an internal hui for church adherents only… More>>

ALSO:

Covid: Border Exception for 1000 International Students

The Government has approved an exception class for 1000 international tertiary students, degree level and above, who began their study in New Zealand but were caught offshore when border restrictions began....More>>

ALSO:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels