A new report released by the Human Rights Law Centre and partners, details the extent of financial sector involvement in companies associated with human rights… Read More »Financial sectors’ association with human rights abuses of asylum seekers in Australia
FACING FINANCE keeps constant record of incidents on the involvement of investments in human rights violations, international law infringements or environmental devastations.
At the end of June 2016 it became known, through investigations undertaken by WDR, NDR and Süddeutsche Zeitung, that the Institute for Geosciences and Natural Resources (BGR)… Read More »Bayer , Rheinbraun , Wintershall : Industry exerts influence on German authorities.
Kosmos Energy and Cairn Energy excluded by the Norwegian Pension Fund due to their activities in the Western Sahara
On the 28th of June 2016 the Norwegian Pension Fund excluded the companies Kosmos Energy Ltd. and Cairn Energy Plc. due to serious violations of… Read More »Kosmos Energy and Cairn Energy excluded by the Norwegian Pension Fund due to their activities in the Western Sahara
Recently Facing Finance published the results of a study by Human Rights Watch on the working conditions occurring on Indonesian tobacco plantations. Now the Swedish… Read More »British American Tobacco: Human Rights Violations in Bangladesh
According to reports from Reuters, the German Federal Financial Market Supervisory Authority (BaFin) has launched an investigation into the VW emissions scandal against the ten managers who,… Read More »Entire VW Board investigated by BaFin re: Market manipulation
Brazil’s state police have found the mining company Samarco, a joint venture between Vale S.A. and BHP Billiton, accountable for willful misconduct in connection with… Read More »Update: Police investigation reveals misconduct by Samarco
At the end of May 2016 it emerged that spilled wastewater from a mine operated by Kazzinc Ltd in Ridder (Kazakhstan) has polluted the river… Read More »Glencore Plc: subsidiary company pollutes river in Kazakhstan impacts reaching as far as Russia
Bad news for Centerra Gold: In late May 2016, Kumtor Operating Company, a subsidiary of the Canadian mining company in Kyrgyzstan, was fined US$ 10,000 due… Read More »Centerra Gold: Subsidiary Kumtor to pay penalty for environmental violations in Kyrgyzstan
About 500 000 former and existing miners have now been given the opportunity to jointly sue 32 mining companies for damages in the millions of… Read More »Update: South Africa’s highest court allows class action case against Mining companies.
The global meat production industry contributes significantly to environmental pollution. In particular, industrial livestock farming damages both soil and ground water. A recent study, published in… Read More »Tyson Foods: Responsible for severe environmental destruction.