Syndicate of banks funding meat packing company JBS -amidst allegations of deforestation, slavery, corruption and fraud.

JBS is the world’s largest meat company by revenues, capacity, and production including beef, poultry, lamb and pork. It is the largest beef exporter from Brazil and it sells its meat products under a range of brands including Swift, Friboi, Seara, Pilgrim’s Pride, Gold Kist Farms, Pierce, 1855, Primo, and Beehive.

According to the Brazilian Environmental Protection Agency (IBAMA), in March 2017, during a raid of two JBS meat processing plants, 59000 cattle were found that had been sourced from illegally deforested land.   ... →

Press Release: Four years of cluster munitions: Use forbidden! investment allowed?

On the occasion of the 4th anniversary of the coming into force of the Convention on Cluster Munitions (August 1) the Cluster Munitions Coalition is continuing to ask the international community to join the prohibition movement, ratify the contract and implement it thoroughly.

There are currently 113 states that have signed the agreement, 29 are yet to ratify it.   ... →

Leading German financial institute ready to disarm

Nongovernmental organisations welcome abandonment of investments in cluster munition

The organisation FACING FINANCE welcomes the anouncement of the Deutsche Bank to cease business relations with producers of cluster munition, an important first step in the direction of a general ban.

FACING FINANCE and its partner organisation urgewald have investigated and repeatedly criticised the relationships of several German financial institutions with producers of cluster munition in the foregoing months.   ... →