When the dam breaks: European Banks investing over €100 billion in dirty extractive companies.

The Dirty Profits 6 report released by Facing Finance highlights the investments of ten european banks in ten extractive companies which continually violate human rights and damage the environment.

(Berlin/Münster) 11.5.2018 News embargo 8:00 am- Minerals and metals are an integral part of our daily lives, from smartphones to toothpaste, but the global extractives industry is also heavily involved in some of the worst labour, environmental and human rights violations, particularly in countries of the South.   ... →

Presseerklärung: Scheitert der heute beginnende VN-Verbotsprozess zu autonomen Waffensystemen?

 "Group of Governmental Experts"-Meeting im Rahmen des CCW am 13.11.2017 in Genf | Bild (Ausschnitt): © Facing Finance

Deutschland und Frankreich wollen mit einem unverbindlichen Verhaltenskodex „Killer Roboter“ in Schach halten und entfernen sich vom Ziel eines präventiven, völkerrechtlich verbindlichen Verbotsvertrages. Rüstungsindustrie soll helfen und beraten.

(Berlin / Genf, 13.11.2017) – Nach jahrelangem, ergebnislosen Meinungsaustausch über ein Verbot autonomer Waffensysteme (Lethal Autonomous Weapon Systems / LAWS) im Rahmen der VN-Waffenkonvention zu bestimmten, konventionellen Waffen (Certain Conventional Weapons / CCW) droht der Verbotsprozess in der kommenden Woche (13.-17.11.2017) endgültig zu scheitern.   ... →

Press Release: Rheinmetall: Facing Finance Recommends “Sell”

Berlin (4.5.2017) – While many banks recommend the purchase of Rheinmetall shares against the backdrop of increasing demand for defence products, the non-governmental organization Facing Finance calls on investors and shareholders to distance themselves from Rheinmetall shares and not to provide the company with more loans.

Reason: The SIPRI peace research institute now ranks Rheinmetall 30th in its list of the world’s largest weapon manufacturers.   ... →

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 from human rights violations, exploitation, environmental destruction and corruption associated with these companies.

Hamburg/ Berlin 09.02.17 – On the occasion of the forthcoming “World Day of Social Justice” on 20 February 2017, the Berlin NGO FACING FINANCE e.V., presents the report, Dirty Profits 5.   ... →

Press release: How fair is my bank?

The first free consumer portal rating the social and environmental commitments of German banks sees GLS Bank and Triodos Bank in the lead.

 fair-finance-guide-logo-de(Berlin, March 15, 2016) –  On today’s World Consumer Rights Day, a coalition of German non-governmental organizations (NGOs) is launching the first free online portal reviewing German banks’ social and ecological guidelines: www.fairfinanceguide.de.   ... →

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

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 Justice” on the 20th of February 2016, the Berlin NGO FACING FINANCE e. V. presents its DIRTY PROFITS 4 report.   ... →