Sharklays - telling you what Barclays won't

More

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. Find out why they need protecting here.

Latest news

Barclays customer losses set to accelerate

A new survey of 2,000 Barclays and HSBC customers, carried out by ICM Unlimited, has revealed that while 80% were unaware their banks invested in fossil fuels, a significant number - 11% of the Barclays customers - would be 'very likely' to consider switching banks having been presented with the f [...]

February 2021
...
...

Barclays shamed in new XR 'Money Rebellion' launch

A compelling video launching a new Extinction Rebellion (XR) campaign features an NHS GP denouncing Barclays for their funding of fossil fuels and companies profiting from ecosystem destruction. Challenging the bank to make amends, Sarah Benn and other activists have used Barclaycards to make donati [...]

January 2021

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

The Company They Keep: Barclays Energy-Power conference reiterates fossil fuel addiction

Barclays claim to believe they "should take a leading role in tackling climate change and help accelerate the transition to a low-carbon economy [...] the financing we do for our clients, in every sector, will support the goal of limiting global warming." And yet, last week Barclays hosted an online [...]

September 2020
...

Barclays customer losses set to accelerate

A new survey of 2,000 Barclays and HSBC customers, carried out by ICM Unlimited, has revealed that while 80% were unaware their banks invested in fossil fuels, a significant number - 11% of the Barclays customers - would be 'very likely' to consider switching banks having been presented with the f [...]

February 2021
...

Barclays shamed in new XR 'Money Rebellion' launch

A compelling video launching a new Extinction Rebellion (XR) campaign features an NHS GP denouncing Barclays for their funding of fossil fuels and companies profiting from ecosystem destruction. Challenging the bank to make amends, Sarah Benn and other activists have used Barclaycards to make donati [...]

January 2021
...

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
...

The Company They Keep: Barclays Energy-Power conference reiterates fossil fuel addiction

Barclays claim to believe they "should take a leading role in tackling climate change and help accelerate the transition to a low-carbon economy [...] the financing we do for our clients, in every sector, will support the goal of limiting global warming." And yet, last week Barclays hosted an online [...]

September 2020
...