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Friends of the Earth report alleging European banks fuel food price volatility & hunger
In January 2012, Friends of the Earth issued the press release "European banks fuelling good price volatility and hunger" andthe report "Farming money: How European banks and private finance profit from food speculation and land grabs". Business & Human Rights Resource Centre invited the 6 companies most severely criticised for negatively impacting human rights through their investments to respond. [Company responses from Allianz, AXA Group, Barclays, BNP Paribas, HSBC, Deutsche Bank] We also invited the pension fund ABP to respond; their response is available here.