Company Response
Industrial & Commercial Bank of China (ICBC) has not responded to
Part of the following timelines
Uganda & Tanzania: NGOs warn financial institutions of potential adverse impacts of East African Crude Oil Pipeline; includes Standard Bank's response
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Uganda: Lawyer claims local firms were discriminated against in oil pipeline-related procurement
A lawyer is seeking to stop the East African Crude Oil Pipeline (EACOP) project, citing violation of arrangements that provide for Ugandans to be involved in the procurement process.
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Tanzania: Locals apprehensive of discrimination in accessing East African Crude Oil Pipeline-related economic opportunities
Residents from the eight regions where the East African Crude Oil Pipeline (EACOP) project will pass, expressed concerns yesterday about the emerging bureaucracy that may see many missing out on opportunities rleated to the pipeline in their area.
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Sumitomo Mitsui Banking's non response
Sumitomo Mitsui Banking did not respond
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Industrial and Commercial Bank of China did not respond
Industrial and Commercial Bank of China did not respond
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CNOOC did not respond
CNOOC did not respond
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Standard Bank's response
Standard Bank says that all projects in which it is involved as an advisor or funder are subject to screening against various policies including our Group Environmental & Social Risk Policy, Group Human Rights Statement, and our new Group Fossil Fuels Financing Policy.
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NGOs warn financial institutions and investors of human rights risks associated with financing the East African Crude Oil Pipeline
A briefing for companies and banks on the potential human rights risks from the East African Crude Oil Pipeline
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Uganda & Tanzania: NGOs urge banks not to finance proposed oil pipeline due to human rights concerns incl. displacement and loss of livelihoods; incl. responses and non responses from banks
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Tanzania & Uganda: Fifteen banks have ruled out financing the East African Crude Oil Pipeline but several major lenders remain silent
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Response by banks to campaign urging them not to finance EACOP
The StopEACOP campaign has written to banks that may be approached to finance EACOP urging them not to. The responses and non-responses are included.
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NGOs urge Banks not to finance East Africa Crude Oil Pipeline
263 civil society organisations (CSOs) have urged banks not to participate in a $2.5 billion project finance loan for the construction of the East African Crude Oil Pipeline (EACOP) project.
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Agriculture Bank of China did not respond to EACOP campaign
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China International Capital Company did not respond to EACOP campaign
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Bank of China did not respond to EACOP campaign
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ICBC did not respond to EACOP campaign
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China Construction Bank did not respond to EACOP campaign
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Bank of America did not respond to alleged link to EACOP project
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Goldman Sachs did not respond to alleged link to EACOP project
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Mitsubishi UFJ Financial Group responds to alleged link to EACOP project
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Sumitomo Mitsui Financial Group responds to alleged link to EACOP project
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NGOs urge banks not to finance East African Crude Oil Pipeline citing environmental & social concerns
263 non-governmental organisations have urged 25 banks listed as potential financiers of the $3.5 billion development not to participate in the East African Crude Oil Pipeline (Eacop) project citing environmental and social risks.
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Standard Bank suspends role in East African Crude Oil Pipeline pending environmental and social impact study
South Africa’s Standard Bank, which was to have been a financier of the $3.5bn East African Crude Oil Pipeline (Eacop), has announced that it is suspending support while it waits for the outcome of an environmental and social impact study.
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CNOOC did not respond
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Industrial and Commercial Bank of China did not respond
Industrial and Commercial Bank of China did not respond
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