The Panama Papers, One Year On – An Overview

April 3, 2016, entered history as a black Sunday for tax evaders, arms smugglers, drug dealers, corrupt politicians, athletes and business people as well as many financial institutions around the world. That day, more than 100 media companies in 76   ... →

HSBC and Commerzbank are financing dubious palm oil company Noble

 Oil palm graveyard - these palms were injected with pesticides (paraquat, according to locals) so to kill them and allow preparations for the next planting. | Bild (Ausschnitt): © Wakx [CC BY-NC-SA 2.0] - Flickr

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 and controversial palm oil companies.
HSBC is considered to   ... →

Banking without Principles?! – Banks rate low in BankTrack report

In June 2016, BankTrack published its second edition of “Banking with Principles? – Benchmarking Banks against the UN Guiding Principles on Business and Human Rights“. Using 12 criteria in 4 categories (policies, due diligence commitments, reporting and access to remedy),   ... →

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   ... →

Commerzbank Chief Executive Confronted with the Dirty Profits Report

In a recent interview with the Frankfurter Rundschau, Frank Annuscheit, Commerzbank’s Chief Operating Officer and head of the Bank’s Environmental Committee, promoted the bank’s progressive turn towards “green” policies aimed at making the bank more sustainable and environmentally friendly. However,   ... →

Deutsche Bank to Continue Investing in Highly Controversial Food Speculations

Jürgen Fitschen, Co-CEO of the Deutsche Bank, has stated that his institution will continue to invest in highly controversial food speculations. In October 2011, Deutsche Bank announced that it would curtail food speculation until a survey could be concluded   ... →