Even in the midst of a record-breaking year of extreme weather events, major banks poured $115 billion into extreme fossil fuels in 2017. On the heels of a new report that reveals how major banks fund climate change, extreme fossil fuels, and violations of Indigenous rights, many banks will host their annual shareholder meetings across the country this month.
In Des Moines, Wells Fargo is holding its annual shareholders meeting on Tuesday, and Iowans like you have an opportunity to tell them what you think of their support for dangerous, destructive projects like the Dakota Access pipeline. We are joining forces with Iowa Citizens for Community Improvement
Join us to hold Well Fargo accountable and demand they stop banking on climate change. RSVP so we know you’ll be there!
WHAT: Rally at Wells Fargo annual shareholders meeting
WHEN: Tuesday, April 24. Meet at the library at 8:30 a.m. Shareholder meeting begins at the Marriott at 10:00 a.m. We’ll wrap up back at the library by 12:30 p.m.
WHERE: Meet at the Des Moines Central Library at 1000 Grand Ave [map] for coffee and snacks and to review the plan for the morning. We’ll walk five minutes over to the Marriott Downtown at 700 Grand Ave [[log in to unmask],-93.6287976,17z">map] for a rally outside the shareholder meeting.
Please RSVP to let us know you’ll be there! https://www.facebook.com/events/160622161291221/
Rather than funding destructive practices and industries that threaten Iowa and our country, major banks should be investing in infrastructure and projects that create good jobs and add to the well-being of our communities. But Wells Fargo is one of the worst offenders who continues to double down on their investments in extreme fossil fuels.
Wells Fargo provided $120 million in direct financing for the Dakota Access Pipeline despite the human rights and Indigenous Treaty violations at Standing Rock, as well as the pipeline’s threat to Iowans’ lands and water. In October, Wells Fargo led a dozen banks in renewing credit to Enbridge, the company behind the biggest inland oil spill in U.S. history and the proposed expansion of the Line 3 tar sands pipeline. In December, Wells Fargo chose to renew multi-billion dollar loans to TransCanada, the company trying to build the Keystone XL tar sands pipeline across the Midwest.
All of these dirty oil pipelines are out of line with Wells Fargo’s own stated commitment to climate action and respecting Indigenous rights. It's past time for Wells Fargo to put its money where its mouth is and stop financing destructive fossil fuel companies.

Join us on Tuesday morning in Des Moines to hold Wells Fargo accountable and demand they stop funding dangerous fossil fuels and pipelines.

Thanks for holding big banks accountable,

Ben Cushing
Beyond Dirty Fuels Campaign Representative
Sierra Club


Heather Pearson
Organizing Representative 
Beyond Coal Campaign
Sierra Club
402-452-0534
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