Sharklays - telling you what Barclays won't

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One of the world's biggest financers of climate devastation

The 2015 Paris Agreement sets out what humankind needs to do to keep global heating below 1.5°C. Even if we burn only the fossil fuel reserves we already have, the planet will heat up by much more than this, leading to a catastrophic future:

  • coastal cities submerged
  • droughts
  • wildfires
  • mass displacement of people
  • accelerated species extinction
  • many, many deaths

"Every fraction of additional warming beyond 1.5°C will bring worse impacts" (UN Environment Programme)

We need to keep fossil fuels in the ground, yet...

Barclays continues to finance businesses expanding fossil fuel extraction, exploiting new reserves or destroying the ecosystems required to help avoid climate disaster.

Not madness; greed. Such fatally short-sighted, uncontrolled pursuit of profit is like the predatory feeding frenzy of a Barclays alter ego we call: Sharklays1.

1. Real sharks are much more benign, and an important part of the ocean ecosystem, which they are unlikely to try to destroy.

Latest news

Santa Claus and FCA put Barclays on 'naughty list'

Extinction Rebellion (XR) activists and the Financial Conduct Authority (FCA) have united in condemning new Barclays wrongdoing. The FCA levied a £26 million fine on the bank for its failure "to act with due skill, care and diligence" towards customers in difficulty. Far from being an isolated trans [...]

December 2020
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...

A picture paints a thousand lies

It all sounds truly heartfelt. "The extra detail and targets we are sharing today are another step towards achieving our net zero ambition," announces the letter from Barclays' Group Chairman, lauding the promised detail update on its widely-scorned professed green ambitions announced earlier in the [...]

December 2020

Barclays on podium of European 'extinction banks'

Last year, the world's largest investment banks provided over $2.6tn of finance linked to the destruction of ecosystems and wildlife, detailed in the new Bankrolling Extinction report  - with Barclays in the top 3 European banks concerned, alongside HSBC and BNP Paribas. Coupled with growing publi [...]

November 2020
...

Santa Claus and FCA put Barclays on 'naughty list'

Extinction Rebellion (XR) activists and the Financial Conduct Authority (FCA) have united in condemning new Barclays wrongdoing. The FCA levied a £26 million fine on the bank for its failure "to act with due skill, care and diligence" towards customers in difficulty. Far from being an isolated trans [...]

December 2020
...

A picture paints a thousand lies

It all sounds truly heartfelt. "The extra detail and targets we are sharing today are another step towards achieving our net zero ambition," announces the letter from Barclays' Group Chairman, lauding the promised detail update on its widely-scorned professed green ambitions announced earlier in the [...]

December 2020
...

Barclays on podium of European 'extinction banks'

Last year, the world's largest investment banks provided over $2.6tn of finance linked to the destruction of ecosystems and wildlife, detailed in the new Bankrolling Extinction report  - with Barclays in the top 3 European banks concerned, alongside HSBC and BNP Paribas. Coupled with growing publi [...]

November 2020
...