TO SOCIÉTÉ GÉNÉRALE's CEO FRÉDÉRIC OUDÉA:

Société Générale must divest from fossil fuels, starting by immediately ending its support to the Alpha Coal mining project in Australia.

Signed,

We still have your information from last time, just click below to sign. If this isn't you, click here to log out.

Hi !

We already have your contact info, so just click the button below to sign up.

 
Recently signed up:
UEhzKNpplm Sept. 29, 2014, 11:16 a.m. United States
SLviEKlpaa Sept. 29, 2014, 1:53 a.m. United States
Bonnie Sept. 26, 2014, 3:44 a.m. Australia
Katie Stevenson Sept. 22, 2014, 1:57 a.m. Australia
Helen McDonald Sept. 21, 2014, 11:51 a.m. Australia
Lauren Eiko Sept. 17, 2014, 12:02 p.m. Australia
DFcbPNganr Sept. 14, 2014, 10:26 p.m. United States
SLviEKlpaa Sept. 14, 2014, 5:29 a.m. United States
BAggQTrrlp Sept. 11, 2014, 4:52 p.m. United States
UEhzKNpplm Sept. 11, 2014, 6:43 a.m. United States
PHqyPIftas Sept. 11, 2014, 12:42 a.m. United States
Carpinteyrobxc Sept. 10, 2014, 3:45 p.m. Country:
EUszWRwzdx Sept. 7, 2014, 1:05 a.m. United States
DRcsICzsrz Sept. 7, 2014, 1:04 a.m. United States
BYquXRokri Sept. 6, 2014, 1:16 a.m. United States
XAprDTprdv Sept. 4, 2014, 1:18 p.m. United States
EUszWRwzdx Sept. 4, 2014, 7:22 a.m. United States
PEfvWYnjwd Sept. 3, 2014, 1:47 p.m. Country
TJneBHztgt Sept. 2, 2014, 6:35 a.m. United States
DRcsICzsrz Sept. 2, 2014, 6:14 a.m. United States
John Bloomfield Aug. 27, 2014, 12:25 a.m. Australia
YOsuVCqfcf Aug. 26, 2014, 9:19 p.m. United States
Dean Wharton Aug. 23, 2014, 2:24 p.m. Australia
YOsuVCqfcf Aug. 23, 2014, 2:22 p.m. United States
Jill Hartley Aug. 22, 2014, 4:25 a.m. Australia
Engerbeau Engerbeau Aug. 19, 2014, 6:58 p.m. France
Malletroit Aug. 13, 2014, 9:53 a.m. France
Mallétroit Aug. 13, 2014, 9:49 a.m. France
Françoise Aug. 13, 2014, 7:31 a.m. France
Darcie Carruthers Aug. 13, 2014, 12:03 a.m. Australia
Peter Burkhardt Aug. 12, 2014, 7:12 p.m. France
Labrousse J-M. Aug. 12, 2014, 6:39 p.m. France
Mali Aug. 12, 2014, 5:07 p.m. France
Oechsner Aug. 12, 2014, 2:54 p.m. France
Murray Adams Aug. 12, 2014, 1 p.m. France
James Clark Aug. 5, 2014, 7:39 a.m. Australia
bob Pilli Aug. 2, 2014, 12:34 p.m. France
Marion Gevers Aug. 1, 2014, 9:16 a.m. Australia
J Florentin Aug. 1, 2014, 6:02 a.m. Belgium
e Kosior kosior Aug. 1, 2014, 2:44 a.m. Canada
Kim Hudson July 31, 2014, 11:31 p.m. Australia
Kelly Ireland July 31, 2014, 11:10 p.m. United States
Doug Marr July 31, 2014, 9:51 p.m. Canada

Whilst international climate negotiations stagnate, CO2 emissions continue to rise dramatically.

The burning and use of coal as an energy source is the biggest contributor to human induced climate change. The International Energy Agency has consistently warned that almost two thirds of the planets’ fossil fuels reserves should stay in the ground if global temperature rise is to be limited to 2°C. 

With some banks - including the World Bank, the European Investment Bank and the European Bank for Reconstruction and Development - publicly stating they will reduce their investments in coal, it is now time for private banks such as Société Générale to make this pledge.

The French bank Société Générale is one of the top  investors in the coal industry. The bank has provided more than 3,755 million euros for coal-fired projects and companies from 2005 to mid 2011, and another 1,927 million euros for coal mining from 2005 to mid 2013.

And now it is part of one of the world’s largest planned coal projects.  Société Générale is providing advisory service for the Alpha Coal project, a huge coal mine in Australia that, if constructed, would emit 1,8 billion tonnes of CO2 over a 30-year lifespan. The project is supposed to reach financial close by the end of this year.

Whilst Société Générale publicly encourages energy efficiency, renewable energy and environmental projects,  it is actively contradicting itself through its direct involvement in the Alpha coal project. If the bank finances the mine it will help accelerate global climate change by opening up massive new coal reserves to be burnt - reserves that must stay in the ground. 

This is why we need to act now: Joining with Les Amis de la Terre, we urge you to sign this petition to Société Générale to call the bank to divest from fossil fuels, starting by immediately ending its support to the Alpha Coal mining project in Australia. Go Fossil Free!

References: