Project financing/loans

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Report
17 July 2018

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Author: Facing Finance...

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Story
17 July 2018

Range of human rights abuses by extractive companies allegedly tied to European financial institutions: companies respond to Facing Finance report

"The global extractives industry is heavily involved in some of the worst labour, environmental and human rights violations. The rights of communities, farmers and indigenous people are being trampled in the push for ever more extraction. Indeed all b...

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Company response
16 July 2018

Barclays response

"Barclays recognises that the bank’s major impacts tend to be indirect, via business relationships, arising from the provision of financial services to business customers operating in sensitive sectors. Appropriate risk management of environmental and...

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Article
16 July 2018

BNP Paribas response

"BNP Paribas is a global bank that finances all the sectors of the economy. The Group is a leader in financing oil & gas and other extractive industries. That's why, being committed to financing the economy in an ethical manner, we decided as soon...

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Company response
16 July 2018

Credit Agricole response

“Crédit Agricole has published a Mining & Metal Policy, and expects its clients to develop good working practices and behavior to limit their Environmental & Social impacts in line with this Policy, to adhere to industry good practice...

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Company response
16 July 2018

Credit Suisse response

“Due to legal restrictions and as a matter of policy Credit Suisse is not in a position to comment on presumed, allegedly existing or non-existing client relationships....

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Company response
16 July 2018

Deutsche Bank response

"Deutsche Bank aims to avoid environmental and social (ES) risks that might result from its business activities. In our publically available ES Policy Framework1 we explain our approach to identifying risks related to new business opportunities and...

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Company response
16 July 2018

DZ BANK response

“DZ BANK places a lot of emphasis on sustainability. For example, promoting renewable energies is important to us – we are one of the leading banks in this field in Germany. Moreover, when granting loans we have been checking the sustainability of the...

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Company response
16 July 2018

HSBC response

"Samarco...

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Company response
16 July 2018

ING response

“The report states that ING has sufficient mining policies. At the same time, suggestions for improvement have been made in the report, notably in the area of transparency. We welcome these suggestions. Sustainability is a dynamic topic that is...

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