Saturday 24 May 2014

Deutsche Bank ditches Abbott Point

That was quick. GetUp was only talking about targeting them the other day. But in wonderful news Deutsche Bank has decided it won't fund the dredging of the Great Barrier Reef. This will make it harder for the coal companys to find the $bazillions needed to make the biggest coal port in the world (if it happens).

First, some of the email, followed by their video about it:) 
It all started on Monday, just days before Deutsche Bank's AGM, when we knew investors across the world were watching closely. GetUp members mobilised with a huge last-minute fundraising effort to run a full page colour ad in the biggest financial newspaper in Europe.

We only had 24 hours, but more than 4,270 GetUp members, and thousands more from Germany, chipped-in to make sure it happened.

The ad sparked international media coverage, including a major feature in Germany's leading newspaper. It talked about "the powerful group GetUp who were pressuring Deutsche Bank not to support the Reef projects."

The Financial Review in Australia said it was "another example of increasingly sophisticated campaigning by environmental groups." That's you they're talking about.

Then, when all eyes were on Deutsche Bank right before their Annual General Meeting, you flooded their Facebook page, targeted them on Twitter, and filled their inboxes with emails.

The result was unequivocal. The head of Deutsche Bank's Supervisory Board declared "we are currently not involved with this project and will also not be involved with it in the future." Wow.

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