THE BIG BANKS ARE FUNDING A HUGE PROBLEM
PUT YOUR BANK ON NOTICE
START YOUR DIVESTMENT JOURNEY
Despite the urgent need to stop global warming, and the havoc being wreaked on our land, water, air, health and communities, Australia’s big four banks continue to play a critical role in supporting the dirty fossil industry.
As a community, we have the power to change the big banks. But we need you to join our campaign, ensuring your money is used as a force for good.
You can join the movement by using the form on this page to put your bank on notice, telling it that if it continues to choose fossil fuels, you’ll choose another bank.
To learn more about the polluting fossil fuel projects the banks are funding, to compare banks, or to access further resources to help you along your fossil fuel divestment journey, scroll down to the links below.
USE YOUR POWER - PUT YOUR BANK ON NOTICE!
Tell your bank that if it continues to choose fossil fuels, you’ll choose another bank.
Learn about what the banks are funding
Find out more about the extent and impacts of banks financing fossil fuels, compare the lending positions of different banks and learn more about how to switch to a bank that aligns to your values.
BANKS COMPARISON TABLE
Use the banks comparison table to check your bank’s position on fossil fuel lending, or to find a new bank that better aligns with your values.
FUNDING CLIMATE FAILURE REPORT
Learn how the big four banks are using your money to fund fossil fuels, making a mockery of their commitment to net zero emissions by 2050 and the Paris Agreement.
Do you bank with one of the big four? Learn more about your bank’s fossil fuel exposure:
Start your divestment journey
If you bank with one of Australia’s big four, your money is being used to finance dirty and destructive fossil fuel projects that are damaging the environment and driving climate change. But as a customer you have the power to make a difference! Follow these links to get started on your personal journey toward divesting from fossil fuels:
1. Put your bank on notice
Use the form on this page to tell your bank that if it continues to choose fossil fuels, you’ll choose another bank.
2. Find a new bank
Use our banks comparison table to find a bank that better aligns with your values.
3. Make the switch
Use this guide to move your account to a bank that won’t use your money to finance fossil fuels.
4. Tell your story
The best way to make your divestment action as powerful as possible is to share your story. You can find the tools and tactics for doing this on our divestment stories page.
For further information about the banks’ support of polluting fossil fuel companies and projects, as well as background information on divestment and climate change, access the reports below:
Since January 2016, just after expressing support for the climate goals of the Paris Agreement, Australia’s major banks did something our climate simply cannot afford; they poured billions of dollars into projects and companies expanding the scale of the fossil fuel industry. To learn more about Australia’s pariah projects – the fossil fuel proposals threatening to bust our climate goals – read this report.
Over the last 10 years Australia ramped up its exports of LNG enormously, becoming the world’s largest exporter in calendar year 2019. Read this report to learn more about who has been funding this expansion, and why LNG has no place in a decarbonising world.
Market Forces has uncovered almost $70 billion worth of loans to fossil fuel projects and companies in Australia since 2016. We release this information to make it as easy as possible for people to see which banks are funding the dirty coal, gas and oil sectors and, more importantly, take action that encourages banks to stop lending to fossil fuels. Click here to learn more.
Divestment has taken on great significance as a global movement as more individuals and institutions take action to ensure their money is not being used to fund projects and industries that they don’t agree with. To learn more about the divestment movement and how you can make an impact by personally divesting from fossil fuels, click here.
The 2016 Paris Agreement set a target to limit the rise in global temperature to 1.5 °C above pre-industrial levels. But why 1.5 °C and why is it important? To learn more about the significance of the Paris Agreement target, as well as the impacts of global warming, read this report.