Earth Quaker Action Team looks forward to our return to Pittsburgh on Tuesday, fulfilling the promise we made to PNC last year at the culmination of our Green Walk for Jobs and Justice. On that day in May 2012, we held an activist training on the sidewalk in front of PNC headquarters, vowing to use the training to stage a protest at the 2013 annual meeting, if PNC had not ended their investments in mountaintop removal coal mining by then.
Not only has PNC not put a stop to their financing of this heinous form of strip mining, but they are now tied with Bank of America for the dubious honor of being the largest financier of mountaintop removal. They are so heavily invested, that their own shareholders have brought a resolution asking PNC to account for the greenhouse gas emissions from said investments. Even the typically conservative SEC has ruled that PNC must allow the resolution to be brought forth, saying that climate change represents a real and verifiable risk factor for financial institutions.
Now EQAT is poised to confront the board of directors face to face, asking them "Do you agree that PNC should end their financing of mountaintop removal and adopt a sector exclusion, yes or no?" We will keep asking this until we either change business as usual -- or stop it altogether.
Thanks for covering this vitally important topic which affects us all.
Amy Ward Brimmer
Executive Director, EQAT
This is one of the only fully written reports about our campaign and the day of action in Pittsburgh, and I thank you for telling the whole story. That is more than PNC has been willing to do. Thanks!
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