SAN FRANCISCO (CBS SF/BCN) – Police arrested around 20 climate activists Monday for arranging a protest at the Wells Fargo corporate headquarters in San Francisco.
The group entered the building at 420 Montgomery St. about 10 a.m. and then several chained themselves to an antique Wells Fargo stagecoach on display in the lobby.
READ MORE: Novato Police Seek 3 Suspects In Attack, Shooting Outside Hotel
“The ultimate goal is to get Wells Fargo to stop funding oil and gas and coal companies. They are also the top bank funding fracking and our goal is to get them to stop financing those companies,” said Scott Parkin with the climate group Mt. Diablo Rising Tide.
The protesters were in the lobby for about an hour before San Francisco police officers arrived and started making arrests, Parkin said.
Climate activists occupy the Wells Fargo Bank at 420 Market St. in San Francisco, Calif., on April 25, 2022. The activists are protesting continued inaction on climate justice the day before the Wells annual shareholder meeting. (Peg Hunter via Bay City News)
“We wanted to do a large, visible, escalated action to send a message to the corporate management and shareholders,” he said.
READ MORE: Deebo Samuel Might Want Out Of 49ers, But Lynch Says He ‘can’t Ever Imagine’ Trading Him
The protest comes the day before the bank’s annual shareholders meeting, during which the board will be asked to vote on a resolution that would end its financial relationships with fossil fuel companies.
Citibank and Bank of America will also be asked to vote on similar shareholder resolutions at their annual meetings, which are also Tuesday, Parkin said.
During the protest, activists unfurled a banner that read “Wells Fargo fund a fossil free future,” chanted slogans and passed out fliers to passersby.
Representatives of Wells Fargo and the San Francisco Police Department didn’t immediately respond to requests for comment.
MORE NEWS: UPDATE: Elon Musk Acquires Twitter After Board Accepts $44B Buyout Offer
© Copyright 2022 CBS Broadcasting Inc. and Bay City News Service. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.
Source: sanfrancisco.cbslocal.com.