*[Enwl-eng] Adani’s expansion plans
enwl
enwl at enw.net.ru
Tue Jul 5 01:55:38 MSK 2022
Over the weekend Adani Enterprises announced the date of its
annual shareholder meeting and it’s only a couple of weeks away.
Last week I wrote to you to tell you about some new research
that reveals despite their public claims of going green, Adani is building
and expanding 17 coal mines in the Asia-Pacific region. It’s going to be a
disaster for the planet and the further extraction of coal would be sure to
tip us into irreversible climate chaos.
The banks and investors financing these coal mines will be
watching closely on the day of the AGM, July 26th. They expect the
conversation will focus on profits and projections. Let’s make sure Adani
doesn't get away with greenwashing this event and shine a spotlight on the
violence, death and destruction that its fossil fuel expansion is locking
in.
Will you sign the petition calling on banks and investors to
pull out of Adani now?
The Adani Group is responsible for horrific human rights
atrocities and the plans to expand across the Asia-Pacific region has to be
stopped in its tracks.
over 38,000 people have signed the petition calling on banks and
investors to pull out of Adani, will you join them? The company is expecting
a day of good PR to secure the finance they need to build these new and
expanded coal mines. Let’s put a stop to the plans to lock the world into a
certain climate catastrophe.
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Adani's on a coal mine expansion rampage, with 17
new and expanded coal mines in the Asia-Pacific region. It will spell
certain climate catastrophe.
Over the weekend, Adani announced the date for its
big annual meeting. Can you help make sure Adani doesn't get away with
corporate greenwashing?
Tell banks, investors, asset managers and pension
fund managers to stop financing and supporting Adani.
Sign the petition
In case you missed it, here's the email we sent last week:
you've played a crucial role in stalling Adani's notorious
Carmichael coal mine. But shocking new analysis shows that Adani has plans
for 16 other coal mines across the Asia-Pacific region.
To finance these mines Adani needs to persuade investors that
it's committed to a green transition. It will try to do so at its annual
shareholder meeting. The Adani Group is going into a greenwash overdrive.
The AGM is a rare chance for you, Vladimir and I to expose
Adani's blatant lies and shine a spotlight on all the banks and investors
helping Adani to build the new coal mines.
Will you sign the petition demanding investors like Blackrock
CEO- Larry Fink, Vanguard CEO- Mortimer J. Buckley, Pimco CEO- Emmanuel
Roman step away from any involvement with the Adani Group?
CEO Gautam Adani is already the fifth richest person in the
world. And yet is seeking finance from US and European banks and investors
to grow his vast wealth, by building more planet-wrecking coal mines.
Just last week the streets of Sri Lanka’s capital Colombo were
alive with protestors against Adani’s illegal and corrupt dealmaking.
"Naturally we want a sustainable solution to the current energy
crisis in Sri Lanka. However, in the current situation, it is vital that we
do not let any corruption go unchecked. Adani is a company known for dubious
practices. Sri Lanka deserves better." – Serena Burgess, protesting mother
Adani has huge plans to expand coal mines across Asia-Pacific.
But it’s not just carbon emissions that should be cause for concern for
investors: it has a horrific track record of violence, exploitation,
corruption, land-grabbing - the list goes on.
There are incredible stories of courage and resistance standing
up against this company that has torn up ancestral lands of the Wangan and
Jagalingou Traditional Owners in Australia, to the Indigenous Adivasi
communities in India.
But it’s happening in places far from where the deals are being
made by CEOs and business people from Wall Street, to the City of London.
The likes of Blackrock CEO- Larry Fink, Vanguard CEO- Mortimer J. Buckley,
Pimco CEO- Emmanuel Roman would rather we stay quiet about it.
We cannot let Adani’s record of human rights abuses against
Indigenous communities, or the inevitable death and destruction the mines
will cause go unnoticed. That is where you come in Vladimir.
People-power recently forced Deutsche Bank to pull out of
financing the Whitehaven coal mine, due to public pressure from our friends
at Market Forces and SumOfUs members. Let's do it again.
Adani has had its share of bad news days. It needs a good day of
public relations for the AGM. So it’s up to us to shine a light on the
horrifying reality of what the company is responsible for. So, will you sign
the petition demanding all investors pull out of Adani deals?
Sign the petition
Thanks,
Nish and the team at SumOfUs
More information:
Adani Enterprises: Annual Return
Adani coal mine tracker: June 2022
Forbes: India’s Gautam Adani Passes Warren Buffett To Become
World’s 5th Richest Person: April 23, 2022
NDTV: "Stop Adani": Sri Lanka Protesters Say PM Modi, President
Rajapaksa Struck Deal: June 16, 2022
Stop Adani: Trashes Indigenous Rights
Environment News Service: Coal Mine Expansion Authorized in
India’s Tribal Forest: April 21, 2022
Market Forces: Win! Deutsche Bank abandons Whitehaven Coal’s
bond issue: May 20: 2022
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From: Nish Humphreys, SumOfUs
Sent: Monday, July 04, 2022 3:15 PM
Subject: Adani’s expansion plans
Over the weekend Adani Enterprises announced the date of its
annual shareholder meeting and it’s only a couple of weeks away.
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