Sasfin Bank
Your bank falls short in climate responsibility.
Sasfin has not been transparent about its exposure to the fossil fuel sector, although we know it lends to the mining sector.
We would like to see the bank increase its financing of companies involved in renewable energy generation.
We would like Sasfin to disclose greenhouse gas emissions enabled by its lending and set science-based emission reduction targets.
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Your bank may be ignoring the Paris Agreement.
The Paris Agreement set the goal to stay under 1.5°C of warming for very good reasons. According to the Intergovernmental Panel on Climate Change, an increase of just a couple of degrees more could lead to "substantial species extinction, large risks to global and regional food security", and an inability to work outside — or even live — in some areas of the world. Our world will become unrecognizable as ocean dead zones, floods, and extreme weather fuel social and economic disruption.
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