According to a study published in the scientific journal Nature, millions have been made at the expense of the climate through carbon credits in Russia and Ukraine. The authors of the study say that offsets created under the scheme “significantly ... →
On the 24th September two Chinese local managers, including the local managing director, of the Swiss company Schindler were taken in for questioning by the Chinese Authorities. The investigation of the lift and escalator manufacturer takes place as part of ... →
Three years have past since the largest industrial accident in Pakistan’s history, an industrial disaster leaving 254 dead and 55 seriously injured. On 11 September 2012 the factory Ali Enterprises went up in flames, in which the workers’ were supplying ... →
One of the major processes for competitive manipulation by banks is at an end. In the civil trial of twelve financial corporations that were involved in the long-term manipulation of the market for credit derivatives, the payments have been set ... →
In February 2015, Glencore´s joint venture with Dan Gertler´s Fleurette Group, Mutanda Mining, acquired a further concession for copper and cobalt mining in the Democratic Republic of Congo. The state mining company Gécamines held 30% of the Kawama concession, while ... →
The Norwegian insurance company KLP has excluded the company HeidelbergCement (Germany) and Cemex (Mexico) from its investment portfolio. This is due to the illegal exploitation of non-renewable resources in the occupied Palestinian territories. The subsidiaries of HeidelbergCement and Cemex in ... →
While the UN prepares for a new climate agreement in Paris and the G7 nations make the first clear steps towards climate change mitigation, Glencore has been using the low coal prices to acquire additional mining areas.
According to Glencore, ... →
Glencore Energy UK Ltd. has been accused of illegal oil bunkering in Nigeria. The Nigerian Economic and Financial Crimes Commission (EFCC) brought three companies and 14 individuals before the Federal High Court in Lagos, claiming they “without lawful authority or ... →
Since March 2015 there have been continued protests in the South of Peru against the Tía María project, a copper mine in Moquegua Region.
After a fifth person has died in the erupting violence, the Peruvian government has declared a ... →
Norway’s parliament has voted that the Norwegian Government Pension Funds should sell its shares in the coal industry, in both mining and utility. The world’s largest sovereign wealth fund is one of the top ten investors Coal. By 2016, all ... →