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
FACING FINANCE keeps constant record of incidents on the involvement of investments in human rights violations, international law infringements or environmental devastations.
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.