Are you funding climate chaos? Urgent Action Request
4th March 2010 |
Efforts to tackle climate change are under threat from decisions being made in the next few weeks. This Spring, shareholders in BP and Shell will vote for – or against – a resolution on tar sands.
Tar sands (also known as oil sands) are amongst the world’s most controversial industrial projects due to the extremely high levels of carbon emissions (conversion into fuel produces on average 3 times the greenhouse gas emissions of conventional oil), huge quantities of toxic waste produced, local air and water pollution, deforestation, and indigenous community impacts.
It’s likely that your savings and pensions have been invested in these companies by major investors on your behalf, giving you the opportunity to influence their vote.
The resolutions, which were proposed by a coalition of investors and supported by organisations including Greenpeace, WWF, Platform and the Co-operative, call on BP and Shell to report on the risks associated with tar sands projects and their plans to address them.
URGENT: Action Request!
Fair Pensions has set up a quick online tool to allow you to directly contact your pension or savings provider or (if you don't have one) email one of BP and Shell's largest shareholders.
Please take action now: past campaign successes prove that contacting investors can change corporate behaviour.
It only takes a minute to take action: visit countingthecost.org.uk

