Standard Bank denies investing in East African Crude Oil Pipeline - SABC News

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Standard Bank denies investing in East African Crude Oil Pipeline - SABC News
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Standard Bank has denied investing in the East African Crude Oil Pipeline-EACOP. On Monday, about 100 protesters gathered outside the Bank’s Head Office in Rosebank, Johannesburg, ahead of its Annual General Meeting (AGM).

On Monday, about 100 protesters gathered outside the Bank’s Head Office in Rosebank, Johannesburg, ahead of its Annual General Meeting .

A group of about 15 climate activists managed to gain access into the Standard Bank building and tried to block the entrance to the venue where the bank’s board was to host the AGM. Security was called in and they were removed from the building. Rising temperatures, floods and extreme tropical cyclones have been linked to the changing climate, and the more industries continue emit greenhouse gases, the more harm is caused to the ecosystem. Climate activist — Kumi Naidoo — says they may not manage to protest at each and every bank or multinational, but he believes this will make an impact.

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