How to: Part I. Divest! Sleeping Giants, White Supremacists, and Big Band Banks

There are hundreds of different actions you can take to RESIST, but one of the greatest impacts we can have, especially as a community of Americans living abroad, is through divestment.

Most of us probably don’t knowingly invest in Donald and Ivanka’s business ventures, or in other famous evils such as Exxon and the Dakota Access Pipeline. But many of us unwittingly support these corporations and these destructive actions through naively spending and saving our money with popular retailers and banks.

This two part “How-To” will cover three action divestments:

  1. Divest DAPL (Dakota Access Pipeline).

Many of us cannot travel to North Dakota and be on the front lines of the continuing protest. But we can make sure our money isn’t being used to fund the pipeline. Thirty-two banks, including Chase, Citibank, and Bank of America, have loaned billions of dollars to Energy Transfer Partners, which backs DAPL.

  1. Defund Breitbart.

Breitbart News is the populist right, “alt-right,” straight up white supremacist news baby of Steve Bannon, Trump’s Chief Strategist or evil puppet string-holder, depending who you ask. Many companies have ads on Breitbart’s website and aren’t aware of it. We can let the companies know and get them to take the ads down.

  1. Boycott Amazon.

Yes, the titan of… by now, everything. They DO know about their ads on Breitbart News and haven’t done anything about it.

Part I. Divest DAPL (Dakota Access Pipeline).

DAPL is the hub for all information about how to halt the progress of the pipeline through divestment. The Women’s March also has a great page that synthesizes similar information—how to find out if your bank invests in DAPL and what to do about it.

dakota-access-pipeline-protestor-camp-eviction-2

Here is the list of banks (the first four are the biggest players in the loan that funds DAPL):

Citibank (Citigroup), TD Securities, The Bank of Tokyo-Mitsubishi UFJ, Mizuho Bank, Wells Fargo, BNP Paribas, DNB Capital, BBVA Securities, SunTrust, Sumitomo Mitsui Bank, Credit Agricole, ABN Amro Capital, Intesa SanPaolo, ING Bank, Natixis, BayernLB, ICBC London, Societe General, Scotiabank, Citizens Bank, Comerica Bank, U.S. Bank, PNC Bank, Barclays, JPMorgan Chase, Bank of America, Deutsche Bank, Compass Bank, Credit Suisse, DNB Capital/ASA, Royal Bank of Canada, UBS, Goldman Sachs, Morgan Stanley, Origin Bank (formerly Community Trust), HSBC Bank

wells-fargo-1

WHAT CAN YOU DO?

  1. Take your money out of these banks and find other ones. Defund DAPL has a page with worldwide options of green banks, credit unions, and investment strategies. Here are some examples of green banks abroad.

Colombia: Banco Solidario/ Germany: GLS Bank/ Nigeria: LAPO Microfinance Bank Palestine: Bank of Palestine/ Peru: Caja Arequipa/ UK: Ecology Building Society

There are even some U.S. banks on the map with online services, perfect for ex-pats.

  1. If you can’t divest, contact your bank. Consumer satisfaction matters. Call, email, write letters, tweet. Contact the CEOs directly.

 

Did you take action?
All ARO articles are written by Americans resisting overseas, for Americans resisting overseas. If you have action ideas you want to share, contact americansresistingoverseas@gmail.com.

 

 

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