Get out of financing fossil corporations!

Video messages from Patricia Namirembe, Fridays for Future Uganda and Coedie McAvoy, Wangan and Jagalingou, on the occasion of the Deutsche Bank 2022 Annual General Meeting:


Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/deutsche-bank/get-out-of-financing-fossil-corporations/

Statement From Market Forces On Deutsche Bank’s Funding For New Coal Production

Deutsche Bank claims to support the goals of the Paris Agreement and achieving net zero global emissions by 2050. The bank is a signatory to the Paris Pledge for Action, the German financial sector’s Climate Commitment and the Net Zero Banking Alliance [1]. CEO Christian Sewing has also publicly stated, “The fight against climate change is probably the greatest challenge facing humanity, and we banks will have to fundamentally align ourselves with it.” [2]

Deutsche Bank’s claims must be measured against what scientific and economic expert bodies say is required to limit global warming to 1.5ºC and achieve net zero global emissions by 2050. Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/deutsche-bank/statement-from-market-forces-on-deutsche-banks-funding-for-new-coal-production/

Continued funding of coal, illegal mining, nuclear weapons: Our countermotion

Re Agenda Item 3: Ratification of the acts of management of the members of the Management Board for the 2021 financial year

The Association of Ethical Shareholders Germany proposes that ratification of the acts of management of the Management Board be refused.

Reasons:
The Management Board of Deutsche Bank AG has failed to uphold its own commitment to comply with international climate targets and sustainable finance.

Lending to the coal industry continues

Despite the tightened 2020 framework for managing environmental and social risks and having signed the climate commitment of the German financial sector and the Net Zero Banking Alliance, Deutsche Bank is still a major lender to companies in the fuel industry. Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/deutsche-bank/continued-funding-of-coal-illegal-mining-nuclear-weapons-our-countermotion/

Despite the Ukraine war: Business with Russia continues. Our countermotions

Agenda item 3: Resolution on the discharge of the members of Uniper Management Board for financial year 2021

The Association of Ethical Shareholders Germany proposes not to discharge the members of the Board of Management.

Justification:

The Board of Management does not honor its responsibility for climate protection and the necessity to reduce dependance on fossil energy, most prominently natural gas from Russia.

Massive increase of CO2 emissions, no focus on renewable energies

The Uniper Board of Management has supported the massive dependence on fossil natural gas, most prominently also sourced from Russia. More than half of Uniper’s power generation in 2021 was based on fossil natural gas and oil, compared to 2020 Uniper needed 15% oil and gas. Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/uniper-2/despite-the-ukraine-war-business-with-russia-continues-our-countermotions/

RWE must stop financing Putin’s war against Ukraine

Vladimir Slivyak received the Right Livelihood Award 2022

Statement by Vladimir Slivyak, Ecodefense Russia, to the RWE AG Annual General Meeting on 28 April 2022*

The world is approaching yet another anniversary of the worst nuclear reactor accident in history, which happened 36 years ago in Chernobyl, then the Soviet Union. War in Ukraine brought it back on the agenda as Russian troops attacked this idle nuclear plant not long ago. As long as the war continues, the risk of a new nuclear accident remains extremely high. This war needs to be stopped immediately and there is common international understanding everything possible must be done to achieve peace. Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/rwe-en/rwe-must-stop-financing-putins-war-against-ukraine/

New oil and gas projects shouldn’t be insured anymore: Our countermotion

Countermotion on Agenda Item 3 (Resolution to approve the actions of the Board of Management):

The Association of Ethical Shareholders Germany proposes that the actions of the members of the Board of Management not be ratified.

Reasons:

Munich Reinsurance Company’s Board of Management continues to fail to sufficiently fulfil its responsibility to implement more effective measures for climate protection.

Munich Re has been warning of the catastrophic effects of the climate crisis and calling for countermeasures for almost 50 years. In its own business, however, the Group is too hesitant in its measures against the use of fossil fuels, even though they are the main cause of the climate crisis. Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/munich-re/new-oil-and-gas-projects-shouldnt-be-insured-anymore-our-countermotion/

Deals with Gazprom, dependence on fossil gas, deficits in climate protection and double standards regarding pesticides: Our countermotions

Re agenda item 3: Adoption of a resolution giving formal approval to the actions of the members of the Supervisory Board

The Association of Ethical Shareholders Germany proposes that the actions of the members of the Supervisory Board for the 2021 financial year not be approved.

Rationale:

The Supervisory Board is still unable to credibly fulfil its role as the controlling body of the Board of Executive Directors in order to supervise BASF’s realignment independently, critically and constructively.

Shareholders’ dissatisfaction with the Supervisory Board remains high: At the 2021 Annual Shareholders’ Meeting, almost 20 percent refused to approve the actions of the Supervisory Board under the new leadership of Dr. Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/basf-se/deals-with-gazprom-dependence-on-fossil-gas-deficits-in-climate-protection-and-double-standards-regarding-pesticides-our-countermotions/

Fossil fuels from Russia and environmental and human rights due diligence: Our questions on matters to be considered at the Fortum AGM 2022

Fortum’s answers to our questions are published here: https://www.fortum.com/files/answers-shareholders-questions-fortum-agm-2022/download

1) Fossil and nuclear fuel imports are the biggest source for financing Russia’s war against Ukraine, which includes uncounted war crimes like arbitrary shelling of civilian infrastructure, hospitals and nursery schools, the siege of entire cities and summary executions of civilians. Will Fortum and Uniper use their economic leverage and stop all imports of gas, coal and nuclear fuel from Russia immediately?

2) How much fossil or nuclear fuels did Fortum and Uniper import in 2021 from Russia? Who were the Russian counterparts? Please specify for gas, coal and nuclear fuels.

How much fossil or nuclear fuels did Fortum and Uniper import between January 1st of 2022 and February 23rd of 2022 from Russia? Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/fortum-en/fossil-fuels-from-russia-and-environmental-and-human-rights-due-diligence-our-questions-on-matters-to-be-considered-at-the-fortum-agm-2022/