Thread by @money_rebellion

Climate breakdown. Oppression. Money laundering. Weapons.

HSBC is making a killing.

#RepairHarm #HSBC #FossilBanks #MoneyRebellion

🧵 THREAD 🧵

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'THIS IS AN ACT OF CARE'

This morning nine women broke windows at HSBC's Canary Wharf HQ

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xrb.link/Ql8bWb6k8yz

.@RAN found @HSBC has provided some of the world’s largest fossil fuel firms with £81 billion since the 2015 Paris Agreement

In 2020 alone, they gave @exxonmobil £2.5bn and @Shell £3.6bn – more than any year since Paris

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ran.org/bankingonclima…

And @HSBC is showing no sign of slowing down – fossil fuels are far too lucrative

They’re currently helping climate criminals @Chevron, @bp and @Total to frack on stolen Indiginous land in Argentina

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theguardian.com/environment/20…

In fact, @HSBC plans to pump money into fossil fuels for another three decades – a whole generation. They’re willing to sacrifice millions of lives to line their pockets to the max

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theguardian.com/environment/20…

In 2019 @HSBC was linked to finance with biodiversity risk to the tune of over $110bn

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portfolio.earth

The bank’s execs care almost as little about their workforce, announcing at least 35,000 job cuts last year

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bbc.com/news/business-…

As the world's local bank, @HSBC supports oppression across the globe. Whether it’s freezing the bank accounts of pro-democracy protestors in Hong Kong, investing in for-profit detention centres, or supporting the arms trade, this bank will profit from misery however it can

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.@HSBC also provides a world-class money laundering service

So good in fact that the Chief Executive overseeing the laundering of $881m of drug money was appointed to the House of Lords as an unelected life peer

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independent.co.uk/news/business/…

Even the biggest laundering fine in history wasn’t enough to stop them. The FinCEN Files revealed @HSBC’s role in a $80m fraud and the laundering of over $900m from shell companies linked to criminal networks

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icij.org/investigations…

HSBC must #ActNow to stop financing and enabling destruction

Wanna help us take on the twisted political economy that’s killing life on Earth?

Join #MoneyRebellion

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bit.ly/joinmoneyrebel…