Cleaning up the Banks
In 2008 the government bail out of Royal Bank of Scotland cost the UK taxpayer £45.5 billion, which mean that the bank is over 80% publicly owned. So what is RBS spending our money on?
Projects that threaten human rights, health and the environment of indigenous peoples living in places like
• Canada and the Congo suffering from Tar Sands extraction,
• India where the UK based mining company Vedanta is causing serious implications for the human rights of communities, including their rights to water, food, health and work
• And also investing in the production of cluster bombs
• And many more like this
SEAD has worked along side other NGO’s in Scotland and UK wide in putting pressure on financial institutions to stop investing unsustainably and calling upon the government to put restrictions on the banks for investments which have a damaging effect in other poorer communities.
Cleaning up the banks in SEAD news
Camp for Climate Action swoop in to Break the Banks! (19.08.2010)
Today RBS public shareholders take to the EICC (28.04.2010)
RBS 28th April – Public Shareholder Meeting: Because It’s Our Bank Now (26.04.2010)
New report reveals RBS is UK bank most involved in financing loans to tar sands companies (26.04.2010)
Cleaning up the banks Campaign Resources
Cleaning up the banks Campaign Links