Hey @DeutscheBank, you make a decision: make a #PositiveImpact to the fight against the #ClimateCrisis, or continue to support fossil fuels! A #Thread in english. #divest #followthemoney #gofossilfree #dbagm #BanksAgainstFuture 
In 2019, the german climate activist @luisamneubauer said at the annual general meeting “It is the Deutsche Bank, which like no other bank, is stealing our future.” 💯 Whereupon CEO #Sewing announced "fewer projects to finance fossil fuels". manager-magazin.de/unternehmen/ba… 2/12
In order to avoid a similar situation this year, a PR campaign was rolled out in advance and now advertises in a press release with "ambitious sustainability targets". db.com/newsroom_news/… 3/12
This also includes the commitment to stop financing oil and gas projects. However, the problem aren't the projects themselves, but financing companies that earn their money with fossil fuels. This isn't mentioned with a single word. 🤨#greenwashing 4/12
(#Funfact: Deutsche Bank has paid about 20 billion USD in fines for fraud and customer deception since 1995. sueddeutsche.de/wirtschaft/deu… ) 5/12 // violationtracker.goodjobsfirst.org/parent/deutsch…
DB is currently the 5th most important European bank for financing fossil fuels, 7th most important international bank for financing coal mines and 3rd most important bank worldwide for financing arctic oil and gas. ran.org/wp-content/upl… 6/12
Among their European customers are @RWE_AG (biggest CO2 emitter of the #EU with similar emissions as the whole Nation of Romania) and @uniper_energy (wants to connect the a highly controversial coal-fired power plant to the grid this year #Datteln4). beyond-coal.eu/wp-content/upl… 7/12
Even though it does not directly finance the Australian coal mine Carmichael, DB has helped the company responsible, Adani, to raise loans amounting up to USD 81.25 million. #StopAdani @StopAdani urgewald.org/deutsche-bank 8/12
If Carmichael starts production, it will become one of the largest coal mines in the world with devastating consequences for the Great Barrier Reef and the climate. @Greenpeace estimates that burning the coal will release 128 million tons of CO2 theguardian.com/environment/20… 9/12
According to research by @urgewald , DB is also financing @exxonmobil, which is developing huge oil and gas deposits just off the coast of Guyana. If these deposits were to burn, this would result in an additional 2.5 billion tons of CO2. spiegel.de/wirtschaft/unt… 10/12
(@fairdealguyana fights for international attention for the #CarbonBombGuyana
fairdealforguyana.org. Despite paying lip service to the Paris Climate Agreement, the @WorldBank has helped the country open up to oil companies urgewald.org/guyana-factfin… ) 11/12
fairdealforguyana.org. Despite paying lip service to the Paris Climate Agreement, the @WorldBank has helped the country open up to oil companies urgewald.org/guyana-factfin… ) 11/12
We call on the Deutsche Bank to stop financing climate-damaging companies, because as the 17th largest bank in the world and the only globally active German bank, it has an enormous responsibility to achieve the Paris #ClimateTargets! 🐨💪 12/12
#BanksAgainstFuture
#BanksAgainstFuture
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