Feb 13, 2020
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Okey Koeln Activists in dinghy urge Credit Suisse off climate “collision course”

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ZURICH (Reuters) – Climate activists clad in Titanic-era costumes gathered in a rubber dinghy outside Credit Suisse’s headquarters on Thursday, to urge incoming chief executive Thomas Gottstein to steer the bank off a climate “collision course”. Protesters want the bank to divest from fossil fuels and present a strategy to end its ongoing financing of…

Okey Koeln ZURICH (Reuters) – Climate activists clad in Gigantic-period costumes gathered in a rubber dinghy birth air Credit Suisse’s headquarters on Thursday, to induce incoming chief govt Thomas Gottstein to lead the monetary institution off a climate “collision course”. Protesters want the monetary institution to divest from fossil fuels and prove a vogue to prevent its ongoing financing of the industry. “Credit Suisse is take care of the Gigantic on collision course with the iceberg of climate chaos,” activist Beate Thalmann said. A man, carrying a captain’s hat, scraped a trek against the sidewalk of Zurich’s Paradeplatz whereas quite a few protesters with instruments gestured to Celine Dion’s tune “My Heart Will Dash On” from the 1997 movie in regards to the liner. Credit Suisse has change into a spotlight for Swiss protesters in current years, with groups urging the banks to toughen its financing insurance policies. A court in Lausanne last month dominated that a neighborhood of younger those that had staged a tennis take a seat-in on the monetary institution’s Lausanne department weren’t guilty of trespassing due to the imminent menace posed by climate change. Credit Suisse said on Thursday it had developed a climate formulation, which incorporated guiding clients through transitions to diminish carbon and climate-resilient industrial devices, focusing on sustainable finance and reducing its possess carbon footprint. In December it announced it may maybe maybe maybe maybe now not finance new coal-fired vitality vegetation. Reporting by Brenna Hughes Neghaiwi; Bettering by Alexandra Hudson
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