Scotland News

Here is our letter to the Royal Bank of Scotland following the meeting with him after the RBS AGM that was attended by our Scottish coalition to clean up the banks which includes ourselves, Friends of the Earth Scotland, Amnesty International, People and Planet & SEAD.  Also present at the meeting were two representives of Canadian First Nations who are being directly affected by the current tar sands operations...

We met this morning with RBS executives, including Sir Philip Hampton, RBS Group Chairman, after yesterday's protests challenging RBS’ investments in controversial projects, such as tar sands.  This meeting represented a significant concession on the part of RBS who had previously resisted campaigners’ requests for high level meetings.

The campaign groups have been putting pressure on RBS to publicly commit to stop financing companies that are exacerbating climate change or developing projects without the free, prior and informed consent of indigenous communities.

Last November's £25 billion cash injection deemed 'unlawful' by WDM and the Treasury's intervention in bankers' bonuses strengthens our case.