Over the weekend Adani Enterprises announced the date of
its annual shareholder meeting and it’s only a couple of weeks
away.
Last week I wrote to you to tell you about some new research that
reveals despite their public claims of going green, Adani is
building and expanding 17 coal mines in the Asia-Pacific region.
It’s going to be a disaster for the planet and the further
extraction of coal would be sure to tip us into irreversible climate
chaos.
The banks and investors financing these coal mines will be
watching closely on the day of the AGM, July 26th. They expect the
conversation will focus on profits and projections. Let’s
make sure Adani doesn't get away with greenwashing this event and
shine a spotlight on the violence, death and destruction that its
fossil fuel expansion is locking in.
Will
you sign the petition calling on banks and investors to pull out of
Adani now?
The Adani Group is responsible for horrific human rights
atrocities and the plans to expand across the Asia-Pacific region
has to be stopped in its tracks.
over
38,000 people have signed the petition calling on banks and
investors to pull out of Adani, will you join
them? The company is expecting a day of good PR
to secure the finance they need to build these new and expanded coal
mines. Let’s put a stop to the plans to lock the world into
a certain climate catastrophe.
In case you missed it, here's the email we sent last
week:
you've played a crucial role in stalling Adani's notorious
Carmichael coal mine. But shocking new analysis shows that
Adani has plans for 16 other coal mines across the Asia-Pacific
region.
To finance these mines Adani needs to persuade investors
that it's committed to a green transition. It will try to do so at
its annual shareholder meeting. The Adani Group is going
into a greenwash overdrive.
The AGM is a rare chance for you, Vladimir and I to
expose Adani's blatant lies and shine a spotlight on all
the banks and investors helping Adani to build the new coal
mines.
Will
you sign the petition demanding investors like Blackrock CEO- Larry
Fink, Vanguard CEO- Mortimer J. Buckley, Pimco CEO- Emmanuel Roman
step away from any involvement with the Adani
Group?
CEO Gautam Adani is already the fifth richest person in the
world. And yet is seeking finance from US and European banks and
investors to grow his vast wealth, by building more planet-wrecking
coal mines.
Just last week the streets of Sri Lanka’s capital Colombo were
alive with protestors against Adani’s illegal and corrupt
dealmaking.
"Naturally we want a sustainable solution to the current
energy crisis in Sri Lanka. However, in the current situation, it is
vital that we do not let any corruption go unchecked. Adani is a
company known for dubious practices. Sri Lanka deserves
better." – Serena Burgess, protesting mother
Adani has huge plans to expand coal mines across Asia-Pacific.
But it’s not just carbon emissions that should be cause for
concern for investors: it has a horrific track record of violence,
exploitation, corruption, land-grabbing - the list goes
on.
There are incredible stories of courage and resistance standing
up against this company that has torn up ancestral lands of the
Wangan and Jagalingou Traditional Owners in Australia, to the
Indigenous Adivasi communities in India.
But it’s happening in places far from where the deals are being
made by CEOs and business people from Wall Street, to the City of
London. The likes of Blackrock CEO- Larry Fink, Vanguard CEO-
Mortimer J. Buckley, Pimco CEO- Emmanuel Roman would rather we stay
quiet about it.
We cannot let Adani’s record of human rights abuses
against Indigenous communities, or the inevitable death and
destruction the mines will cause go unnoticed. That is
where you come in Vladimir.
People-power recently forced Deutsche Bank to pull out of
financing the Whitehaven coal mine, due to public pressure from our
friends at Market Forces and SumOfUs members. Let's do it again.
Adani has had its share of bad news days. It needs a good
day of public relations for the AGM. So it’s up to us to shine a
light on the horrifying reality of what the company is responsible
for. So,
will you sign the petition demanding all investors pull out of Adani
deals?
