ATLANTA: Divest from DAPL #DivestATL #DefundDAPL
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We the people call on Atlanta Mayor, Kasim Reed and Atlanta City Council to divest from Wells Fargo. We will not support financial institutions that illegally foreclose on working-class families, discriminate against people of color or low-income consumers, commit mortgage fraud, invest in oppression against indigenous peoples, or finance the destruction of our shared environment.
I am petitioning Atlanta City Council to pass an ordinance to end the city’s relationship with Wells Fargo, and amend the current Responsible Banking Ordinance (RBO) to include stronger social and environmental criteria when considering banking contracts.
Wells Fargo is a major financier of the Dakota Access Pipeline, an oil pipeline project that has destroyed sacred tribal lands, endangers the clean water supply of the Standing Rock Sioux reservation and millions of Americans, and has resulted in human rights violations of indigenous peoples and water protectors.
The City of Seattle recently achieved a landmark victory by divesting $3 billion from Wells Fargo, specifically highlighting the bank’s recent settlement with the City of LA and financing Dakota Access Pipeline. The City of Davis, CA followed suit by voting to divest $125 million from Wells Fargo. The divestment movement is underway.
Cities all across the United States are strengthening socially responsible banking ordinances and divesting from unethical banks. We can no longer sit idle as our banks profit from injustice. The people are ready to take on the big banks and fossil fuel industry, regardless of who resides in the White House. Seattle was the first major city to divest. Atlanta will be next.
We are calling on our elected city officials and all Atlanta residents to take a stand for a socially conscious and ethical world and divest all funds from WellsFargo. Stand with the people and protect the planet. Divest for our future.
#DivestATL #EthicalBanking #DefundDAPL #Divest4Justice
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