Strong call from OSCE countries to support the negotiations to ban lethal autonomous weapons

Posted on by

On 8 July 2019, Parliamentarians from the 57 participating States of the Organisation for Security and Cooperation in Europe (OSCE) have adopted the Declaration on Advancing Sustainable Development to Promote Security (Luxembourg Declaration) negotiated during their annual Parliamentary Assembly in Luxembourg. This Declaration contains some very encouraging paragraphs, in particular the one on killer robots that was submitted by Katja Keul (Germany’s Green Member of Parliament ) with the support of other Members of Parliament from Germany, Liechtenstein and Switzerland:

The OSCE Parliamentary Assembly:

29.   ... →

AGM 2019: Deutsche Bank CEO “we have cleaned up the Deutsche Bank”.

Posted on by

On the 23rd May 2019 Banktrack, Urgewald and Facing Finance, partners in the Fossil Banks-No Thanks campaign, attended the Deutsche Bank AGM under the slogan : “No War- No Warming” To protest Deutsche Bank’s financing of oil and gas, as well as the provision of finance to arms companies exporting to controversial countries (as shown in the Dirty profits 7 report).   ... →

Press Release: As-Salaam-Alaikum (Peace be with you): How the war in Yemen is filling the coffers of European banks.

Posted on by
Bild (Ausschnitt): © n.v.

(22.5.2019) The DIRTY Profits 7 report presented today in Frankfurt / Main by the NGO Facing Finance 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.   ... →

Press release: Discrimination of women- Not yet an issue for German Banks

Posted on by

Berlin, 07 March 2019 – To commemorate International Women’s Day on the 8th of March, Facing Finance is calling on German banks to consider the gender-specific consequences of their financing and investments.
German banks have already taken the first steps to counter the discrimination and disadvantage of women in their own banks. “However, large banks in particular have not introduced any review processes to check the negative effects of their financing or investment decisions on women,” criticises Sarah Guhr, project manager at Facing Finance.   ... →

Vale implicated in another dam collapse in Brazil with more than 300 casualties feared

Posted on by
Dam break in Brumadinho | Bild (Ausschnitt): © TV NBR [CC BY 3.0] - Wikimedia Commons

On Friday the 25th of January, a tailings dam at the Córrego de Feijão mine in Brumadinho, Brazil suffered a cave-in, resulting in a toxic landslide causing more than 99 casualties, with still 259 missing. The mudslide engulfed a nearby canteen in which workers of the mine had been eating lunch before progressing to nearby houses.   ... →

EXPOSED: For the good of mankind! – The Nobel Prize Foundation continues to reward award winners with profits from irresponsible and unsustainable investments, thus violating its own guidelines

Posted on by
Nobel Prize medal inscribed to F. G. Banting © Flickr, Thomas Fisher Rare Book Library, UofT CC BY 2.0 | Bild (Ausschnitt): © Thomas Fisher Rare Book Library, UofT [CC BY 2.0] - Flickr

Berlin, the 10th of December 2018- Berlin, the 10th of December 2018- Last year, Berlin based NGO Facing Finance and Framtiden from Norway uncovered that the award money for the Nobel Peace Prize (925.000€) awarded to the campaign to abolish nuclear weapons came from investment in their manufacturers. The Nobel Prize Foundation promised improvement.

Current research by Facing Finance now shows that the Nobel Prize Foundation has only partially fulfilled this promise.   ... →