Press release: Billion Euro investments out of control – How banks continue to finance violations of human rights and environmental norms.

 

For the fifth consecutive year Facing Finance reports on violations of environmental and social norms and standards by multinational corporations, as documented by international NGOs. It shows that banks as well as their customers are all too often profiting   ... →

Prosperity at the expense of human rights and environment: Launch of Dirty Profits 5 on the 9th February 2017 in Hamburg

Annually, since 2012, Facing Finance has published the Dirty Profits report, which researches human rights abuses, labour violations, environmental destruction, and corruption by multinational companies. The report then illustrates the links between the companies and major financial institutions. It becomes   ... →

HSBC and Commerzbank are financing dubious palm oil company Noble

Oil palm plantation in Popondetta, Papua New Guinea. flickr.com/photos/wak1/182562842/in/photostream/

In January 2017 Greenpeace released the report „Dirty Bankers – How HSBC is financing forest destruction for palm oil“.   This report provides a detailed explanation of the business relations between HSBC   ... →

Another mining activists in Colombia killed

Aldemar Parra Garcia, Source: AK Rohstoffe

On January 7, Aldemar was assassinated by two unidentified gunmen on a motorcycle on the route from El Hatillo to La Loma in broad daylight. He was a community leader and active trade unionist,   ... →

Update: Employees of the law firm Leigh Day arrested after criticism of the Vedanta subsidiary KCM in Zambia

Nchanga copper mine near Chingola, Zambia. Source: commons.wikimedia.org/wiki/File:Zambia_2.JPG

Leigh Day, an international law firm, represents some 1800 Zambian farmers in their accusation against the mining company Konkola Coppermines plc (KCM), a subsidiary of Vedanta Resources. The company is accused of   ... →