Banks Financing the DAPL - Divest Now!
From the coalition statement 12/8/2016 by the following organizations:
"We ask you to join us in an unprecedented divestment campaign to kill the black snake financially. ...Let us use this time to cut off funding for the project.
December is an international month of action focused on the 17 banks that are profiting off investments in the Dakota Access pipeline. Shut these banks down with direct action. Close your accounts and tell the world you’re doing it. Pressure your local jurisdictions and philanthropists to divest. Every day is a day of action.
This fight is not over, not even close. In fact, this fight is escalating. The incoming Trump administration promises to be a friend to the oil industry and an enemy to Indigenous people. It is unclear what will happen with the river crossing. Now more than ever, we ask that you stand with us as we continue to demand justice."
DeFund DAPL has a great website about defunding the pipeline:
December 24, 2016 - Nation of Change
7 things the Defund DAPL campaign has achieved so far (including $28 million in personal accounts moved) By Ari Paul
September 9, 2016 - Democracy Now!
Who Is Funding the Dakota Access Pipeline? Bank of America, HSBC, UBS, Goldman Sachs, Wells Fargo
September 6, 2016 - Food & Water Watch
Who's Banking on the Dakota Access Pipeline?
October 26, 2016 - North Bay Bohemian
The Spigot: Bay Area investment fuels America's fracking boom—and pipeline protests by Will Parrish
September 29, 2016 (updated November 30, 2016) - YES! Magazine
How to Contact the 17 Banks Funding the Dakota Access Pipeline
Download a list of Banks and Contact Info
Here’s a script you can use:
“As a customer of [bank name] I was upset to learn that you are financially invested in the Dakota Access Pipeline, which threatens the water and livelihood of the Standing Rock Sioux and the thousands of people who live along the Missouri River. I’m calling to ask that you withdraw your financial support of and stake in the project immediately.”
Sample divestment letters below.
Where to Move Your Money TO
December 1, 2016 - YES! Magazine
Is Your Bank Funding DAPL? Here’s How to Find One That Isn’t
There’s an entire industry of ethically minded banks and financial institutions out there to choose from. The article recommends BankLocal.info to check out and compare banks.
GreenAmerica: Take Charge of Your Card
16 credit cards that benefit non-profit organizations such as Sierra Club, Amazon Watch, the League of Conservation, GreenAmerica, Clean Water Action and many more - recommended by GreenAmerica.
April 1, 2012 - Sonoma County Gazette
It Matters Where You Bank by David R. Williams
Though this article is a few years out of date, it lists local banks in Sonoma County. We are talking to Gazette to ask them to update the article.
Sierra Club recommends Aspiration for sustainable, green investments.
Petition Targeting Banks
Change.org - Petition started by DeFund DAPL
Stop The Dakota Access Pipeline By Pressuring The Investing Banks to Pull Their Money Out!
Sample Divestment & Other Letters
From: Linda Swartz
Subject: Divestment and other letters
Date: January 5, 2017 at 9:11:02 PM PST
Hello to all,
I am attaching copies of four letters I am sending off to Citibank, Costco Corporation, Wells Fargo Corporation, and Congressional Representative Jared Huffman. The first three relate to urging these financial organizations to divest from dirty fossil fuel companies, and the last asks Rep Huffman to follow up on his earlier actions to influence Washington to pay attention to the ongoing issues at Standing Rock.
I want to acknowledge the “ghost writer” who posted an earlier letter in an email, and whose elegant and pointed language I borrowed from. I couldn’t find the author of that earlier letter, and hope I can safely assume it was OK to use some of his/her phrasing as I invite anyone else to use anything you see in any of these letters. Feel free to pass them on to anyone interested.
Email email@example.com to join the Sonoma-NoDAPL mailing list of the Sonoma County - Solidarity with the Standing Rock Sioux group, for updates on upcoming actions, events, fundraisers, meetings, volunteer opportunities, petitions, etc.