Am 4. März 2021 ist es soweit! In unserer neuesten Dirty-Profits-Ausgabe beschäftigen wir uns mit der durch Konzerne verursachten globalen Plastikverschmutzung und der Verantwortung europäischer Banken. Denn unser Planet versinkt mehr und mehr in einer dicker werdenden Schicht Plastik, die Küsten, Felder und Städte bedeckt und selbst vor den entlegensten Orten keinen Halt macht. So rieselt Plastik im Schnee über die Alpen, treibt eingeschlossen in Eisschollen in der Antarktis umher, regnet über dem Grand Canyon und schwimmt mit der Meeresströmung auf die Galapagosinseln. Es ist höchste Zeit, dass wir Einwegplastik eine Absage erteilen!
Dirty Profits 7:
The DIRTY Profits 7 highlights the ten European banks with some of the highest investments in 11 global arms companies, companies that have since 2015 been exporting to unstable/crisis-affected countries in the MENA region (Middle East and North Africa) and countries involved in the war in Yemen.
The global extractives industry is heavily involved in some of the worst labour, environmental and human rights violations. The rights of communities, farmers and indigenous people are being trampled in the push for ever more extraction. Indeed all businesses must respect and contribute to the society where they operate, and investors too have a critical role to play, particularly in the current mining upturn.
In Dirty Profits 6 Facing Finance shows how extractive companies have dealt with human rights and environmental violations shown in Dirty Profits reports since 2012, as well as how selected European banks have reacted to these violations in their provision of finance over time.
For the past four years, the Dirty Profits report has highlighted companies violating environmental and human rights norms and standards, as well as selected financial institutions which support them. The report has sought to, and continues to, advocate for stronger ethical regulations on the investment decisions made by financial institutions. Each successive report makes the case clearer that despite voluntary guidance investors continue to have financial ties to harmful companies. This report is no different. The fourteen companies selected for this edition have violated human rights, directly caused environmental devastation, engaged in labour violations such as child labour practices, and have severe governance failures including corruption and embezzlement. All of which are factors that are claimed to be considered in ESG investment criteria.
In compiling this report 12 NGO’s from 8 different countries including Israel, South Africa and Brazil, have contributed to both company research as well as drafting specific articles related to their expertise on human rights and environment. The financial institutions selected for this report, cover the largest banks in Europe based on the Global Financial Sectors Index 2016 – Deutsche Bank, ING, UBS, HSBC, and BNP Paribas.
Dirty Profits Data– Summarised Financial data by company and financial institution for Dirty Profits 4.
Supporting information for Dirty Profits 4: Feature Article on Page 51-53: Bankrolling Modern Slavery Financial Institutions profiting from modern slavery. (Supporting research).