Member of UN Global Compact
Headquarters in United Kingdom
Author: Jennifer Thompson, Financial Times
"Investors demand more information on labour practices", 2 July 2017...
Author: Fiona Harvey, The Guardian (UK)
Some of the world's top banks are continuing to lend tens of billions for extracting the most carbon-intensive fossil fuels, according to a report of top lenders [by Rainforest Action Network, Banktrack, Sierra Club, Oilchange International.]...The...
- Related in-depth areas: Mitigation
- Related companies: Agricultural Bank of China ANZ Bank Bank of America Bank of China Bank of Montreal Bank of Nova Scotia Bank of Tokyo-Mitsubishi UFJ (part of Mitsubishi UFJ) Barclays BNP Paribas Canadian Imperial Bank of Commerce (CIBC) China Construction Bank Citigroup Commonwealth Bank Crédit Agricole Credit Suisse Deutsche Bank Goldman Sachs HSBC Industrial & Commercial Bank of China ING Bank JPMorgan Chase Mizuho Financial Group Morgan Stanley National Australia Bank Natixis PNC Financial Services Royal Bank of Canada Royal Bank of Scotland Santander SMBC Nikko Securities Société Générale Standard Chartered Toronto-Dominion Bank UBS UniCredit Bulbank Wells Fargo Westpac
Norway's sovereign wealth fund will ask banks in which it has invested to disclose how their lending contributes to greenhouse gas emissions
Author: Gwladys Fouche, Thomson Reuters Foundation
Norway's $960 billion sovereign wealth fund will ask the banks in which it has invested to disclose how their lending contributes to greenhouse gas emissions, its chief executive told Reuters on Friday. The world's largest wealth fund...has in the...
Banks loan billions to oil firms allegedly exporting low-grade fuel high in pollutants, says briefing
A new BankTrack briefing raises questions about how banks are conducting human rights due diligence. In response to research by Swiss NGO Public Eye accusing Switzerland-based oil trading companies of selling blends of low-grade fuel high in...
Financial reporting by EU's biggest banks reveals tax avoidance, depriving poor countries of income, says Oxfam
Author: Rob Davies, the Guardian
"Head of Google Europe apologises over ads on extremist content", 20 Mar 2017...
Author: Shane Darcy, Business and Human Rights Journal, Volume 2, Issue 1
This article addresses tax avoidance by companies in the context of the emerging field of business and human rights. It describes the mechanics of corporate tax avoidance and the human costs of such practices. It then considers the extent to which tax...
HSBC tightens standards on lending to the palm oil industry following Greenpeace report on its links to environmental destruction in Indonesia
Author: Emiko Terazono and Martin Arnold, Financial Times
“HSBC tightens standards on lending to palm oil industry”, 20 Feb 2017...
- Related stories: Indonesia: HSBC accused of supporting environmental destruction by financing companies linked to unsustainable palm oil; HSBC responds
- Related companies: HSBC IOI Group