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11 October 2018

Global Witness report alleges EU investors help bankroll human rights & environmental abuses; incl. co responses

On 6 September 2018, Global Witness published a new briefing paper on the role that EU-based investors have played in supporting projects linked to human rights abuses, land grabs and large-scale environmental destruction. The report argues that while...

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Article
26 September 2018

Standard Chartered Bank to end coal plant financing as part of its commitment to Paris Agreement

Author: Sebastian Tong, Chisaki Watanabe & Jeremy Hodges, Business Day (So. Africa)

"Standard Chartered to pull plug on financing for coal plants"...

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Article
13 September 2018

Central Bank of Kenya fines 5 banks for "failing to undertake adequate customer due diligence" leading to loss of public funds

Author: Adonijah Ochieng, Business Daily (Kenya)

"CBK fines five banks for handling NYS funds"...

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Article
2 September 2018

Commentary: Banks' coal policies ineffective; Standard Chartered can lead peers by committing to renewable-energy projects

Author: Julien Vincent, Asia Times

"The power of finance to slow new coal plants", 29 August 2018...

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Story
28 July 2018

Big banks respond to NGO call to end mine waste dumping at sea and into rivers

An campaign by Earthworks aimed at ending mine waste dumping in riverine and marine bodies of water is attracting the support of banking institutions. ...

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28 July 2018

Standard Chartered to prohibit financial services for clients who dump mine waste in water

Author: Earthworks

 "Banking Giant Standard Chartered Takes Stand Against Mine Waste Dumping", 10 July 2018...

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Article
9 July 2018

Guidance on developing effective grievance mechanisms in the banking sector

Author: BankTrack & Oxfam Australia

This paper reviews banks’ responsibilities and provides suggestions and recommendations for how banks can develop and implement effective operational-level grievance mechanisms that will be legitimate, trusted and meet their responsibilities under the...

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Article
26 April 2018

AstraZeneca & Standard Chartered show best practices by leveraging their core competencies to invest in children, NGO says

Author: Global Child Forum

"Corporate Programs For Children's Rights – Guidance And Best Practice", March 2018...

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Story
24 April 2018

Global funding for extreme fossil fuels increased by 11% in 2017, new report finds

[Includes responses by BNP Parbias, Deutsche Bank, Goldman Sachs, JPMorgan Chase, Royal Bank of Canda, Morgan Stanley & Toronto-Dominion Bank]

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Article
12 December 2017

World Bank to end financial support for oil & gas extraction

Author: Larry Elliott, The Guardian (UK)

The World Bank will end its financial support for oil and gas extraction within the next two years in response to the growing threat posed by climate change. In a statement that delighted campaigners opposed to fossil fuels, the Bank used a conference...

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