The Norwegian Pension Fund (NPF) manages assets worth more than 840 billion €, constituting the largest government pension fund worldwide. The fund’s assets mainly stem from Norway’s oil revenues and are supposed to offset oil price fluctuations and maintain pensions ... →
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 ... →
On 7 August 2014 40,000 cubic meters of waste water, comprising acid – laced copper sulphate and heavy minerals, spilled from a copper mine in Northern Mexico into two rivers just 40 km from the US border. This toxic leak ... →
In March 2014, Facing Finance reported on the gold price manipulation of the LBMA (London Bullion Market Association) consisting of five international banks, Barclays, HSBC, Société Général, Bank of Nova Scotia and Deutche Bank. Initially Duetsche Bank refuted these allegations ... →
Brussels/Berlin, May 26, 2014 – Deutsche Bank has told Friends of the Earth Europe and Rettet den Regenwald that it sold its shares in the Indonesian palm oil supplier Bumitama, an important supplier to palm oil giant Wilmar, following months ... →
According to the “Friends of the Earth Europe” report, European banks, investment funds and insurance companies are speculating with food prices and are sponsoring the purchase of land in developing countries. The report examines the activities of 29 European banks, ... →