Posted by on Feb 10, 2017 in Featured

Guide to Divestment by Rachel Heaton

Guide to Divestment by Rachel Heaton

When people with no easy access to money take on big money, it’s always a hard, uphill battle. The side with lots of money can afford to take some losses and burn through resources in court proceedings that those without money cannot. Therefore, a variety of strategies are necessary to even the playing field: direct action, media pressure, shaming, etc. One such method that has worked when dealing with well-moneyed opposition is divestment.” ~Gyasi Ross (Blackfeet) & Matt Remle (Lakota)

So you would like to see your own city divest from one of the banks that support Dakota Access Pipeline???? Here is how the Defund DAPL: Seattle Action Coalition and the local Native community did it.

Guide to divestment

  • Focus on all banks supporting fossil fuel projects and not just Wells Fargo. – Below is a list of the 17 Banks that are invested in DAPL and all of their contact information.
  • Passing a Tribal resolution to divest.  Attached is the Standing Rock Sioux Tribe’s resolution 591-16 that, “end[ed] its financial relationships with banks, mutual funds, security companies or other financial entities that invest in, or otherwise financially support any aspect of the Dakota Access Pipeline. This action will end more than two decades of banking with Wells Fargo.
  • Find colleges to question their money sources, seek out Native nations, Cities and Colleges who have money in financial institutions that support DAPL.
  • Bank with a Credit Union.  Opening an account with a Credit Union is a great alternative to banking with for-profit Bank. Banks are for-profit institutions whose goal is to make money for their stockholders. Credit Unions are not-for-profit member owned entities whose goal is to pass profits on back to its customers. Find a local Credit Union here
  • On September 9, 2016 the Seattle City Council voted unanimously to support the Standing Rock Sioux Tribe and oppose the construction of the Dakota Access Pipeline. This is a good document for cities to start with as it shows the city’s efforts to support Standing Rock, but to also ratify treaty rights and tribal sovereignty.  See the City of Seattle NoDAPL Resolution here.
  • Gather together a list of people of influence and their contact information- State Representatives, Congress, City Council etc… USE this information and get it out to the public, post on social media and broadcast them at events and rallies. Have folks flood these individuals with calls.
  • Keep the energy of the divestment going throughout the entire process of getting your city to divest. Hold rallies, events, come up with creative ways and possible civil disobedience to keep people interested and engaged. Post updates, videos, and messages regularly on a page you have devoted to your city’s divestment campaign and let people know what this is all about.
  • Important hash tags used to get the word out when posting on FB- #defunddapl #bankexit #startwithseattle #standwithstandingroc
  • To assist with research efforts such as finding what banks cities are invested in and locate cities that are helping fund DAPL please go to www.divestyourcity.org and submit your information there.

I think we really make a statement when it’s the everyday people doing this work, if anything I hope it empowers individuals to come together and do the same.

By Rachel Heaton

Rachel Heaton (Muckleshoot) is a member of the Seattle NoDAPL Coalition that led the succeful efforts to divest the City of Seattle from Wells Fargo

 

 

 

 

 

 

 

17 Banks Funding Dakota Access Pipeline:

Wells Fargo*
CEO Timothy J. Sloan
timothy.j.sloan@wellsfargo.com
BoardCommunications@wellsfargo.com
866-249-3302
Corporate Office:
Wells Fargo
420 Montgomery Street
San Francisco, CA 94104

BNP Paribas*
CEO Jean-Laurent Bonnafe
jean-laurent.bonnafe@bnpparibas.com
Corporate Office:
3 rue d’Antin
75002 Paris, France
00-33-157-082-200
U.S. Office:
787 Seventh Avenue – The Equitable Tower
New York, NY 10019
212-841-3000

SunTrust*
CEO William H. Rodgers Jr.
Corporate Office:
303 Peachtree Street NE
Atlanta, GA 30308
800-786-8787
Chief Communications Officer:
Sue Mallino
404-813-0463
sue.mallino@suntrust.com

The Bank of Tokyo-Mitsubishi UFJ*
Chairman Nobuyuki Hirano
CEO and President Takashi Oyamada
Corporate Office:
2-7-1, Marunouchi, Chiyoda-ku
Tokyo, Japan
81-3-3240-8111
U.S. Office:
1251 Avenue of the Americas
New York, NY 10020-1104
212-782-4000

Mizuho Bank*
President and CEO Nobuhide Hayashi
Corporate Office:
Otemachi Tower
1-5-5, Otemachi, Chiyoda-ku
Tokyo 100-8176, Japan
81-3-3214-1111
U.S. Office:
1251 Avenue of the Americas
New York, NY 10020
212-282-3000

Citibank (CitiGroup)*
CEO Michael Corbat
Michael.L.Corbat@citi.com
212-793-1201
Corporate Office:
388 Greenwich Street
New York, NY 10013
Phone: 800-285-3000 and 212-793-0710

TD Securities*
Chairman, CEO, and President Bob Dorrance
Corporate Office:
P.O. Box 1, TD Bank Tower
66 Wellington Street W
Toronto, Ontario
M5K 1A2
Investment Banking: 416-307-8500
Equity Research: 416-307-9360
Trading Floor Enquiries: 416-944-6978
U.S. Office:
31 West 52nd Street
New York, NY 10019-6101
212-827-7000

Credit Agricole*
CEO Jean-Paul Chifflet
Office:
12, Place des Etats-Unis
Montrouge, France 92545
33-1-43-23-52-02
U.S. Office:
1301 Avenue of the Americas,
New York, NY 10019
infoamericas@ca-cib.com

Intesa SanPaolo*
CEO Carlo Messina
Corporate Office:
Piazza San Carlo, 156
10121 Torino, Italy
39-011-555-1
Corporate Social Responsibility Unit:
39-02-8796-3435
CSR@intesasanpaolo.com
sostenibilita.ambientale@intesasanpaolo.com

ING Bank*
CEO and Executive Board Chairman Ralph A.J.G Hamers
Wholesale Banking, Operations & IT, Sustainability, Corporate Governance:
Carolien van der Giessen
carolien.van.der.giessen@ing.com
31-20-576-63-86
Head of Media Relations:
Raymond Vermuelen
raymond.vermeulen@ing.com
31-20-576-63-69
Corporate Office:
Amsterdamse Poort
Bijlmerplein 888
1102 MG Amsterdam
The Netherlands
31-20-5639111
Mailing Address:
ING Bank N.V.
P.O. Box 1800
1000 BV Amsterdam
The Netherlands
U.S. Office:
ING Financial Holdings LLC
1325 Avenue of the Americas
New York, NY 10019
646-424-6000

Natixis*
CEO Pierre Servant
Corporate Office:
Natixis Global Asset Management, S.A.
21 quai d’Austerlitz
75634 Paris Cedex 13, France
33-1-78-40-90-00
U.S. Office:
Natixis Global Asset Management, L.P.
399 Boylston Street
Boston, MA
617-449-2100

BayernLB*
CEO Johannes-Jorg Riegler
Head of Communications:
Matthias Priwitzer
Matthias.Priwitzer@bayernlb.de
49-89-2171-21255
Corporate Office:
Brienner Straße 18
80333 Munich
49-89-2171-27176
U.S. Office:
560 Lexington Avenue
New York City, NY 10022
212-310-9800

BBVA Securities*
CEO Carlos Torres Villa
Executive Chairman Francisco Gonzalez Rodriguez
Corporate Office:
Calle Azul, 4
28050 Madrid, Spain
34-902-22-44-66

DNB Capital*
U.S. office:
200 Park Avenue, 31st Floor New York, N.Y. 10166-0396
212-681-3800

ICBC London*
CEO and Managing Director Jin Chen
Corporate Office:
20 Gresham Street
London EC2V 7JE, United Kingdom
44-203-145-5000
U.S. Office:
520 Madison Avenue 28th Floor
New York, NY 10022
212-407-5000

SMBC Nikko Securities*
President and CEO Yoshihiko Shimizu
Corporate Office:
3-1, Marunouchi 3-chome, Chiyoda-ku
Tokyo 100-8325, Japan
81-3-5644-3111

Societe General*
CEO Frederic Oudea
https://www.linkedin.com/in/fredericoudea
Email: frederic.oudea@socgen.com
Phone: 33-1-41-45-9825 (Paris number)
Chiarman of the Board Lorenzo Bini Smaghi
Email: lorenzo.binismaghi@socgen.com
Phone: 33-14-21-30941 (Paris number)
Corporate Office:
29 boulevard Haussmann 75009
Paris, France
2.0@societegenerale
33-1-42-14-20-00
U.S. Office:
245 Park Avenue
New York City, NY 10167
212-278-6000

The following banks are involved in funding for the entire Bakken pipeline:

Royal Bank of Scotland
CEO Ross McEwan
ross.mcewan@rbs.co.uk
Director of Media Relations:
Chris Turner
44-20-7672-4515
Corporate Office:
Gogarburn
175 Glasgow Road
Edinburgh, United Kingdom
44-131-626-3263
U.S. Office:
600 Washington Boulevard
Stamford, CT 06901
203-897-2700

ABN Amro Capital
Chairman of the Board Gerrit Zalm
Corporate Office:
ABN AMRO Bank N.V.
Gustav Mahlerlaan 10
1082 PP Amsterdam
The Netherlands
31-10-241-17-23
U.S. Office:
100 Park Avenue, 17th floor
New York, NY 10017
917-284-6800

Bank of Nova Scotia (Scotiabank)
CEO and President Brian J. Porter
Corporate Office:
Scotia Plaza
44 King Street W
Toronto, Ontario
Canada M5H 1H1
416-866-6161
email@scotiabank.com
U.S. Office:
250 Vesey Street,
23rd and 24th floors
New York, NY 10281
212-225-5000
Scotia Howard Weil (“Energy Investment Boutique”):
Energy Centre
1100 Poydras Street Suite 3500
New Orleans, LA 70163
504-582-2500 and 800-322-3005
howardweil@howardweil.com

Citizens Bank
Chairman and CEO Bruce Van Saun
Head of Media Relations:
Peter Lucht
Peter.Lucht@citizensbank.com
781-655-2289
Consumer Lending, Business Banking, Wealth Management, Corporate:
Lauren DiGeronimo
Lauren.Digeronimo@citizensbank.com
781-471-1454
Corporate Office:
1 Citizens Plaza
Providence, RI 02903
401-456-7000

Comerica Bank
Chairman and CEO Ralph W. Babb Jr.
Investor Relations:
214-462-6831
Corporate Contacts:
Wendy Bridges
wwbridges@comerica.com
214-462-4443
Wayne Mielke
wjmielke@comerica.com
214-462-4463
Corporate Office:
Comerica Bank Tower
1717 Main Street
Dallas, TX 75201
800-521-1190

U.S. Bank
Chairman and CEO Richard K. Davis
richard.davis@usbank.com
Senior Vice President of Corporate Communications Dana Ripley
dana.ripley@usbank.com
612-303-3167
Brand, Corporate Social Responsibility, Sponsorships:
Susan Beatty
susan.beatty@usbank.com
612-303-9229
Corporate Office:
U.S. Bancorp Center
800 Nicollet Mall
Minneapolis, MN 55402
800-685-5065 and 651-466-3000

PNC Bank
Chairman, President, and CEO William S. Demchak
Media Relations:
Fred Solomon
corporate.communications@pnc.com
412-762-4550
Investor Relations:
Bryan K. Gill
investor.relations@pnc.com
412-768-4143
Corporate Office:
300 Fifth Avenue
The Tower at PNC Plaza
Pittsburgh, PA 15222
412-762-2000

Barclays
Chairman John McFarlane
john.mcfarlane@barclays.com
CEO Jes Staley
Corporate Office:
Barclays Bank PLC
1 Churchill Place
London E14 5HP, United Kingdom
44-20-7116-1000
U.S. Office:
Barclays
745 7th Avenue
New York, NY 10019
212-526-7000
Press Office:
212-526-7000
CorporateCommunicationsAmericas@barclays.com

JPMorgan Chase
Chairman and CEO Jamie Dimon
jamie.dimon@jpmchase.com
212-270-1111
Corporate Contacts:
Andrew Gray
andrew.s.gray@jpmchase.com
Jennifer Lavoie
jennifer.h.lavoie@jpmchase.com
Brian Marchiony
brian.j.marchiony@jpmorgan.com
Corporate Office:
270 Park Avenue
New York, NY 10017-2014

Bank of America
President, CEO, and Chairman Brian Moynihan
brian.t.moynihan@bankofamerica.com
Executive Relations, Office of the CEO:
Matthew Task
813-805-4873
Corporate Office:
100 N Tryon Street
Charlotte, NC 28255

Deutsche Bank
CEO John Cryan
Corporate Contact:
Renee Calabro
renee.calabro@db.com
212-250-5525
Corporate Address:
Deutsche Bank AG
Taunusanlage 12
60325 Frankfurt Am Main (for letters and postcards: 60262)
Germany
49-69-910-00
U.S. Office:
Deutsche Bank AG
60 Wall Street
New York, NY 10005
212-250-7171

Compass Bank
Chairman and CEO Manolo Sanchez
Director of External Communications:
Christina Anderson
christina.anderson@bbva.com
Communications:
Al Ortiz
al.ortiz@bbva.com
281-433-5640
Corporate Office:
15 S 20th Street
Birmingham, AL 35233
205-297-1986

Credit Suisse
CEO Tidjane Thiam
Board Chairman Urs Rohner
Suisse Banking Ombudsman:
Bahnhofplatz 9
P.O. Box 1818
CH 8021 Zurich, Switzerland
41-43-266-14-14
Corporate Office:
Uetlibergstrasse 231
P.O. Box 700
CH 8070 Zurich, Switzerland
41-44-333-11-11
U.S. Office:
650 California Street
San Francisco, CA 94108
Phone: 415-249-2100

DNB Capital/ASA
CEO Rune Bjerke
https://www.linkedin.com/in/rune-bjerke-04714639
Chairwoman of the Board Anne Carine Tanum
47-915-04800
Executive Vice President Communications Even Westerveld
47-400-16-744
Corporate Address:
Dronning Eufemias Gate 30
0191 Oslo, Norway

Sumitomo Mitsui Bank
President and CEO Takeshi Kunibe
Corporate Office:
1-1-2, Marunouchi, Chiyoda-ku
Tokyo, Japan
81-3-3282-8111
U.S. Office:
277 Park Avenue
New York, NY 10172
212-224-4000

Royal Bank of Canada
CEO David I. McKay
CEO and Board Communications:
Paul French
paul.french@rbc.com
416-974-3718
Corporate Media Relations:
Catherine Hudon
catherine.hudon@rbc.com
416-974-5506
Corporate Address:
200 Bay Street P.O. Box 1
Royal Bank Plaza
Toronto, Canada
416-974-5151 and 416-842-2000

UBS
CEO Sergio Ermotti
https://www.linkedin.com/in/sergiopermotti
Head Group External Communications:
Mark Hengel
mark.hengel@ubs.com
Phone: 41-44-234-32-21
Chief Communication Officer-Americas:
Marsha Askins
marsha.askins@ubs.com
212-713-6151 office and 917-226-4743 cell
Corporate Office:
Bahnhofstrasse 45, CH-8098
8001 Zurich, Switzerland
41-44-234-11-11
U.S. Office:
1285 Avenue of the Americas
New York, NY 10019
212-713-2000

Goldman Sachs
Chairman and CEO Lloyd C. Blankfein
lloyd.blankfein@gs.com
917-743-0939 and 212-902-0593
Media Contacts Americas:
212-902-5400
Corporate Address:
Goldman, Sachs & Co.
200 West Street
New York, NY 10282
212-902-1000

Morgan Stanley
CEO James P. Gorman
jgorman@morganstanley.com
212-761-4000
Corporate Office:
Morgan Stanley
1585 Broadway
New York, NY 10036
212-761-4000

Origin Bank (formerly Community Trust)
Chairman, President, and CEO Drake Mills
https://www.linkedin.com/in/drake-mills-554a3a20
www.ctbonline.com
318-768-3048
Corporate Office:
3921 Elm St.
Choudrant, LA 71227

HSBC Bank
Chairman Douglas Flint
Group Chief Executive Stuart Gulliver
managingdirectoruk@hsbc.com
Corporate Address:
8 Canada Square
London E14 5HQ, United Kingdom
44-20-7991-8888
U.S. Office:
HSBC Headquarters
425 5th Avenue
New York, NY 10018
212-525-5600
Head of Media Relations, HSBC USA:
Rob Sherman
212-525-6901