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   ... →

Lafarge: Accusation of crimes against humanity and complicity in war crimes

The NGOs Sherpa and the ECCHR (European Center for Constitutional and Human Rights) have filed a criminal complaint against the French group Lafarge. The world’s leading cement producer and its Syrian branch Lafarge Cement Syria (LCS) is accused of having   ... →

Update: Dam Collapse in Brazil: Lawsuit against Executives

Der brasilianische Ort Bento Rodrigues im Bezirk Mariana des Bundesstaates Minas Gerais nach dem Dammbruch am 5. November 2015 © Flickr, Senado Federal

The Brazilian village of Bento Rodrigues, a subdistrict of Mariana in Minas Gerais state, after the dam collapse on November 5, 2015 © Flickr, Senado Federal

Since the disastrous collapse of the tailings dam in the Brazilian state of Minas   ... →

Munition as Export Hit: German exports increased tenfold

Heckler & Koch Sturmgewehr G36, Dirk Vorderstraße, Flickr

Heckler & Koch Sturmgewehr G36 © Dirk Vorderstraße, Flickr

According to the Government Report on Military Equipment Exports for the first half of 2016, Germany’s export licenses for small arms ammunition increased tenfold, compared to the same period of the   ... →