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Saudi Arabia: Companies respond to Business and Human Rights Centre's new report on remedy and justice for migrant workers on renewables projects

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In August 2026, the Business and Human Rights Centre (BHRC) launched its new report, ““It would change my life”: remedy, reparations and justice in Saudi Arabia’s renewable energy industry”.

The report finds migrant workers in Saudi Arabia’s energy transition suffer a double indignity: severe abuse and, eight months after those abuses were exposed, an alarming failure by major multinational businesses to provide remedy.

In 2025, BHRC documented a litany of labour rights violations impacting Nepali and Bangladeshi workers on solar and green hydrogen projects in Saudi Arabia.

In 2026, 26 of the workers were re-interviewed. They said that at no point in the last eight months had they been contacted about the alleged abuse, that companies had failed to provide any form of remedy, and conditions on the projects remain the same: “[there has been] no change. Everything is like before”.

The report names 32 companies with business connections to the projects:

  • Two construction and engineering contractors, Larsen & Toubro (L&T) and PowerChina, who employed migrant workers – either directly or through subcontractors – in abusive working conditions. Almost half of interviewees were directly employed by L&T.
  • Five project developers directly linked to the abuse through their supply chains: ACWA Power, the Public Investment Fund, Saudi Aramco, NEOM and Air Products.
  • Twenty-five banks financing the projects: Standard Chartered, Riyad Bank and Mizuho Financial Group (financed all five projects); Banque Saudi Fransi, Saudi National Bank, HSBC and Saudi Awwal Bank (financed four projects); Sumitomo Mitsui Financial Group, Arab Petroleum Investments, First Abu Dhabi Bank and Korea Development Bank (financed two projects); and Abu Dhabi Commerical Bank, Al Rajhi Bank, Alimna Bank, Bank Al Bilad, Bank Aljazira, BNP Paribas, Crédit Agricole, DZ Bank, Emirates NBD, JPMorgan Chase, KfW, Mitsubishi UFJ Financial Group, Natixis, and The Norinchukin Bank (financed one project).

The report outlines the shared responsibility of these firms to ensure remedy is provided urgently, in line with international standards and the demands, needs and expectations of affected workers.

Ahead of the report’s launch, these companies were invited to respond to the report’s findings and to disclose any steps it will take to investigate the abuses and ensure timely remedy.

By the time of the report's publication, responses were received from 14 companies: BNP Paribas, Credit Agricole, DZ Bank, Emirates NBD, First Abu Dhabi Bank, HSBC, KfW, Larsen and Toubro, Mitsubishi UFJ Financial Group, Mizuho Financial Group, Natixis, Standard Chartered, Sumitomo Mitsui Financial Group, and The Norinchukin Bank. Their responses can be read in full below.

Company Responses

Standard Chartered View Response
Mizuho Financial Group View Response
Larsen & Toubro View Response
First Abu Dhabi Bank View Response
Sumitomo Mitsui Financial Group View Response
BNP Paribas View Response
Mitsubishi UFJ Financial Group View Response
Natixis View Response
The Norinchukin Bank View Response
Emirates NBD View Response
Crédit Agricole View Response
ACWA Power

No Response

Riyad Bank

No Response

Banque Saudi Fransi

No Response

Public Investment Fund

No Response

Saudi Awwal Bank (SAB)

No Response

Saudi National Bank

No Response

Arab Petroleum Investments (APICORP)

No Response

Korea Development Bank (KDB)

No Response

Saudi Aramco

No Response

Abu Dhabi Commercial Bank

No Response

Air Products

No Response

Al Rajhi Bank

No Response

Alimna Bank

No Response

Bank Al Bilad

No Response

Bank Aljazira

No Response

JP Morgan Chase

No Response

NEOM Co.

No Response

PowerChina (Power Construction Corporation of China)

No Response

DZ BANK View Response

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