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. ... →
The first free consumer portal rating the social and environmental commitments of German banks sees GLS Bank and Triodos Bank in the lead.
(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. ... →
NGO 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. ... →
Company should follow the divestment-course of other investors – No more money for climate offenders and mountain top removal– environmental catastrophe is looming through new investments in Bangladesh
Berlin/Köln, 19.05.2015 On the occasion of the upcoming Annual General Meeting of Deutsche Bank this Thursday (21.05.2015) the bank has been criticized by an alliance of environmental and human rights organizations (NGO’s). ... →
Second United Nations meeting on the subject opens in Geneva
(Geneva, 13 April 2015) – Concerns about the prospect of weapons systems that would select and attack targets without further human intervention are multiplying and show the urgent need for nations to begin drafting new international law to preemptively ban the weapons, said the Campaign to Stop Killer Robots as a second round of multilateral talks on the matter began today at the United Nations in Geneva. ... →
Brussels/Amsterdam, October 21 – Indonesian palm oil company Bumitama announced in September 2014 that it has terminated its contract with an illegal palm oil plantation in Borneo, from which it is no longer purchasing palm oil. This decision followed a public campaign by Milieudefensie / Friends of the Earth Netherlands and Friends of the Earth Europe, including a complaint submitted to the Dutch National Contact Point for the OECD (Organisation for Economic Cooperation and Development) against Rabobank, which has provided a number of loans to Bumitama. On December 16, the National Contact Point announced to Milieudefensie and Friends of the Earth Europe that it offers “its good offices” to facilitate a dialogue between Friends of the Earth and Rabobank. ... →