[Singing] One...two....three...four.
Money, money, money.
It's so scummy, in HSBC's world.
We're here because this is the HSBC AGM in the South Bank.
So it's a key annual event.
And we're here to persuade the CEO's,
the board and the shareholders that HSBC need to change and change fast.
[Singing] All the lives you could save.
[Singing] If you put all of your money.
We need to put pressure on these these people.
We're running out of time.
We've got three to four years before it's too late.
Nature will take over.
The tipping points would have been reached.
Think about another yacht.
Another yacht.
HSBC, and the greedy buggers
in the city of London and elsewhere, need to stop funding fossil fuels.
And they need to do it quickly.
Cheers
They are the only UK High Street bank
who are currently financing Russian oil and gas.
Dear future generations.
Please forgive us.
We were rolling drunk on
petroleum.
HSBC are one of the worst fossil finances in Europe.
Between 2016 and 2021,
the bank pumped 130 billion US Dollars into the fossil fuel industry.
That included 7.4 billion
to ExxonMobil and 5.6 billion to Shell.
In the current context and the state of the climate
crisis, this just simply cannot stand.
And that's why people are here today.
When I was sitting down waiting for the chairman's speech it was quite exciting.
But I was also really nervous in case I got turfed out
before I'd been able to sing.
If the CEO was standing here I would say, tell the truth, mate.
Once again, be able to watch a live webcast.
You're pretending that you're green.
[Singing] Money, money, money.
That's disingenuous.
It's lying.
It's misleading. It's all those things.
Please, can I ask you not to interrupt the meeting.
[Background singing] it's so scummy in HSBC's world.
[Singing] Money, money, money.
it's so scummy, in HSBC's world.
As chairman of this meeting.
My duty to ensure that business is properly conducted
and that order is maintained.
Your duty, your responsibility to future generations
is to make the transition
to non-fossil fuel investments, which you can easily do.
There are a lot of profitable avenues for your money
and do it now.
[Singing] it's so dirty in HSBC's world.
We use the power of the voice
I want them to think about what they're
what they're profiting from.
And I must ask you to therefore
to stop acting in this manner.
Your behaviour continues to disrupt the order of the meeting.
It was a very joyous feeling to be able to highlight to the shareholders
and HSBC's customers that they're investing in a bank
that is doing such appalling investments themselves in fossil fuels
I was quite appalled.
At the beginning of that AGM meeting.
There were lots of slides showing the shareholders.
They were doing fantastic things for the environment.
They didn't tell the shareholders that they have invested 18 billion
in 2021 in oil, gas and coal.
This is a classic scenario
of shareholders gathering at HSBC Banks
Annual General Meeting to hear how much money they have made.
And when we look at their accounts and their aspirations.
There's no doubt, it's spelt out very clearly that they see
oil extraction, oil drilling and coal extraction.
Digging is high on the profit scoring agenda.
My experience is fifteen years in banking
so I know how bad things are.
Most of these board members have no experience in sustainability
They'd rather have links with with the fossil fuel industry.
So this needs to change.
We are here to give HSBC a message and if
we need to trash their reputation for them to change well
That's what we'll do
[Singing] Money, money, money.
And if people say banks are all the same, they're not.
There are some that are far worse than others.
[Singing] All the lies they could say.
Think about switching your bank accounts and if you're not sure which one to go to,
look at switch it dot green (www.switchit.green) and they'll tell you which ones are the
ethical ones and which aren't.