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Historia

Report alleges major banks contribute to climate change through increased funding of fossil fuels

In May 2019, a group of NGOs led by Rainforest Action Network published research findings that suggest some of the biggest banks around the world are financing fossil fuels more than ever before. Since the Paris Agreement took effect in 2016, 33 of the top banks have contributed $1.911 trillion in fossil fuel financing. 

Full report | Executive summary

Business & Human Rights Resource Centre reached out to the top banks named in the report for a public response:

  1. Bank of America has not yet responded
  2. Bank of China did not respond
  3. Bank of Montreal response
  4. Barclays response
  5. Citi response
  6. Deutsche Bank response
  7. Goldman Sachs did not respond
  8. HSBC response
  9. JPMorgan Chase response
  10. Mizuho response
  11. Morgan Stanley response
  12. MUFG has not yet responded
  13. RBC (Royal Bank of Canada) response
  14. Scotiabank response
  15. SMBC Group did not respond
  16. TD Bank response
  17. Wells Fargo response

Respuestas de empresas

Toronto-Dominion Bank (TD Bank) Ver respuesta
Deutsche Bank Ver respuesta
Barclays Ver respuesta
Sumitomo Mitsui Financial Group

No respuesta

Bank of Montreal Ver respuesta
Scotiabank Ver respuesta
Royal Bank of Canada Ver respuesta
JPMorgan Chase Ver respuesta
Wells Fargo Ver respuesta
Citigroup Ver respuesta
Morgan Stanley Ver respuesta
Goldman Sachs

No respuesta

Mizuho Bank (part of Mizuho Financial Group) Ver respuesta
Bank of China

No respuesta

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