The Industrial and Commercial Bank of China (ICBC) is holding its annual shareholders’ meeting on 23rd June 2022. Let’s take this opportunity to demand ICBC stop funding the planet’s breakdown and become a true partner in realizing a Just Transition.
Back in September 2021, China pledged it will no longer fund the construction of new coal projects overseas. This pledge is an important win for all of our communities fighting against coal projects. However, China’s pledge has a loophole that could allow backtracking on coal, and ICBC has remained silent in relation to our campaign demands. Moreso, the pledge doesn’t cover any damages to communities wrought by ICBC-financed coal plants that are in or about to enter into operation.
ICBC’s global influence means that it can become the world’s climate leader in sustainable finance — and lead a human-centered transition from dirty coal energy and other fossil fuels to renewable energy sources for all.
Take action: Share a selfie with your #GoCleanICBC message
We are collecting individual photo actions that will be shown in key locations online and on the ground to remind ICBC of our demands during its annual general meeting (AGM). Here’s how you can take part: