Monday, 20 April 2009

Not so innocent

So, Innocent have sold 20% of themselves to Coca-Cola. That's right, Coca-Cola! One fifth of the profit from each innocent smoothie now belongs to one of the least innocent corporations in the world.

Why?
Innocent have a bad case of the growth bug. They are a very successful company, but they are not satisfied. They want to take Europe and they have chosen to use Coca-Cola's dirty money and experience in aggressive marketing to do it.

Read this excellent piece by Take the Red Pill, see Mark Thomas' response and leave your comments below.

Pete

Saturday, 11 April 2009

Dirty Banking has made RBS Blind


Poor RBS. They have had a rough time of it lately. The humiliation of the bailout, the biggest loss in UK corporate history, embarrassment over city bonuses and Sir Fred's pension, having windows smashed by 'anarchists', their own shareholders voting against their pay policy and the loss of 9000 valued employees. RBS are so pathetic I almost feel sorry for them.

And now what! A bunch of students outside their AGM shouting about their fossil fuel investments. Talk about kicking them while they're down.

Whilst this may look like environmentalists jumping on the bank-bashing bandwagon, People & Planet have actually been targeting RBS since long before the term 'credit crunch' entered our vocabulary. The truth is that RBS have for many years been the UK's biggest investor in fossil fuels. That is why RBS/NatWest are in the Big 8. Just as RBS were blind to the sub-prime mortgage time bomb, they are too short-sighted to see that they are investing in the climate crisis.

However, far from kicking RBS, People & Planet are actually offering them a helping hand. Redemption is theirs if they publicly shed their unethical investments and start financing the green new deal. By getting some of their current detractors onside their outlook would improve dramatically, and, as we now own RBS, the government should be making it happen. However, years of dirty banking may have left them too blind to see this opportunity. If that's the case, the public flogging will continue and the boycott begins in September!

Pete