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Press Announcement: Self regulation is good, independent oversight is better

Posted on 16. February 2016 by ff admin

DP4-Cover-WebNGO report unveils: Companies’ and Bank’s social and ecological self-commitments cannot prevent human rights abuses, exploitation of workers, destruction of the environment, and corruption.

(Munich/Berlin, February 16, 2016) – On the occasion of the United Nations “World Day of Social   ... →

Posted in News & Media, Press Releases

Textile industry: Syrian refugees in Turkish supply chains

Posted on 4. February 2016 by p2 / facing finance

Workers sewing clothes at the Bozkurt textile factory in Kahramanmaraş

According to the Business and Human Rights Resource Centre, Syrian refugees (some of them minors) were illegally hired and exploited in several Turkish factories supplying large European clothing brands.

Four   ... →

Posted in News & Media | Tagged Refugees, Textile Industry, Turkey, Working Conditions

Businesses fuel violations of human rights in West Bank

Posted on 21. January 2016 by p2 / facing finance

The Israeli settlement policy in the occupied areas in the West Bank is frequently medially in the focus of the interest and often produces indignation around the world and the international community refuses the settlements as contrary to international law.   ... →

Posted in uncategorized | Tagged Human Rights, International law, Israel, West Bank

Child labour in our smartphones and other electronic devices

Posted on 20. January 2016 by p2 / facing finance

At any time of the day we can be found using smart devices, smartphones, tablets, or other electronic devices. However, few of us even know which materials are used to make these devices and where they come from. Even less   ... →

Posted in News & Media | Tagged Amnesty International, Child labour, Cobalt, Democratic Republic of the Congo

Modern slavery in the heart of Europe

Posted on 19. January 2016 by p2 / facing finance

The fact that the North Korean government sends its citizen abroad to work is well known. Currently there are approx. 65.000 North Koreans working as labourers outside of their country1.

In many cases, countries hosting these foreign workers   ... →

Posted in News & Media | Tagged Malta, Nordkorea, Textilindustrie

Nestlé: Child labour on cocoa plantations – Appeal rejected

Posted on 14. January 2016 by p2 / facing finance

Over the past few years there have been numerous reports related to child labour on cocoa plantations in the Ivory Coast. Nestlé too sources its cocoa from plantations in the country. Recently, there have been new developments in reference to   ... →

Posted in News & Media | Tagged Child labour, Cocoa Plantation, Ivory Coast, Nestle

KLP divests from Glencore

Posted on 17. December 2015 by p2 / facing finance

The Norwegian pension fund made public in December 2015, that they will divest from companies which generate more than 30% of their profits from coal deals. 12 energy companies were excluded from the KLP portfolio, including: Adani Power, Duke Energy   ... →

Posted in News & Media | Tagged ethische Normen, Glencore plc, KLP, Ölexplorationen, Western Sahara

Tax-evasion: US-Companies hide $2,1 trillion from tax administration

Posted on 7. December 2015 by p2 / facing finance

The NGO´s Citizens for Tax Justice and US PIRG Education Fund have analyzed the tax reports of the 500 biggest US companies, which were filed at the exchange supervisory authority last year. The results of the study are remarkable: $2,1   ... →

Posted in News & Media | Tagged Apple, Citizen for Tax Justice, Coca-Cola, Microsoft, Pfizer, Steuerflucht, Steueroasen

Update: environmental catastrophe Brazil

Posted on 30. November 2015 by p2 / facing finance

After the disastrous spill in Brazil, 13 deaths have been confirmed, with more still missing.  BHP Billiton and Vale are now likely to have to pay 4.9 billion euros which will be used for decontamination of the river Rio Doces   ... →

Posted in Harmful Cases, News & Media | Tagged Bergbauunternehmen, BHP Billiton, Rio Doce, Samarco, Umweltkatastrophe, Vale S.A.

BHP Billiton & Vale: Brazil dam burst

Posted on 27. November 2015 by p2 / facing finance

On 5 November 2015 a dam in Brazilian state of Minas Gerais burst its banks resulting in 6 deaths and 631 injured. 21 people are still missing. The cause of the overflow of water, mud and mineral waste from the   ... →

Posted in Harmful Cases, News & Media | Tagged BHP Billinton, Brasilien, Dammbruch, Vale S.A.

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Recent Posts

  • Press Announcement: Self regulation is good, independent oversight is better
  • Textile industry: Syrian refugees in Turkish supply chains
  • Businesses fuel violations of human rights in West Bank
  • Child labour in our smartphones and other electronic devices
  • Modern slavery in the heart of Europe

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Facing Finance calls on investors not to invest in companies profiting from violations of human rights, environmental pollution, corruption or the production of controversial weapons.

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