Category Archives: Press Releases

Press releases from the campaign FACING FINANCE

Press release: Billion Euro investments out of control – How banks continue to finance violations of human rights and environmental norms.

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For the fifth consecutive year Facing Finance reports on violations of environmental and social norms and standards by multinational corporations, as documented by international NGOs. It shows that banks as well as their customers are all too often profiting from human rights violations, exploitation, environmental destruction and corruption associated with these companies.

Hamburg/ Berlin 09.02.17   ... →

Press release: How fair is my bank?

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The first free consumer portal rating the social and environmental commitments of German banks sees GLS Bank and Triodos Bank in the lead.

 fair-finance-guide-logo-de(Berlin, March 15, 2016) –  On today’s World Consumer Rights Day, a coalition of German non-governmental organizations (NGOs) is launching the first free online portal reviewing German banks’ social and ecological guidelines: www.fairfinanceguide.de   ... →

Press Announcement: Self regulation is good, independent oversight is better

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DP4-Cover-WebNGO report unveils: Companies’ and Bank’s social and ecological self-commitments cannot prevent human rights abuses, exploitation of workers, destruction of the environment, and corruption.

(Munich/Berlin, February 16, 2016) – On the occasion of the United Nations “World Day of Social Justice” on the 20th of February 2016, the Berlin NGO FACING FINANCE e. V. presents its DIRTY PROFITS 4 report.   ... →

Press release – Deutsche Bank 2015: Irresponsible, unlawful, reckless

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Company should follow the divestment-course of other investors – No more money for climate offenders and mountain top removal– environmental catastrophe is looming through new investments in Bangladesh

Berlin/Köln, 19.05.2015 On the occasion of the upcoming Annual General Meeting of Deutsche Bank this Thursday (21.05.2015) the bank has been criticized by an alliance of environmental and human rights organizations (NGO’s).   ... →

Time to Move From Talk to Action on Killer Robots

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Second United Nations meeting on the subject opens in Geneva

(Geneva, 13 April 2015) – Concerns about the prospect of weapons systems that would select and attack targets without further human intervention are multiplying and show the urgent need for nations to begin drafting new international law to preemptively ban the weapons, said the Campaign to Stop Killer Robots as a second round of multilateral talks on the matter began today at the United Nations in Geneva.   ... →

Bumitama cuts ties with illegal palm oil plantation following Friends of the Earth pressure – OECD accepts Friends of the Earth complaint against Rabobank

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Brussels/Amsterdam, October 21 – Indonesian palm oil company Bumitama announced in September 2014 that it has terminated its contract with an illegal palm oil plantation in Borneo, from which it is no longer purchasing palm oil. This decision followed a public campaign by Milieudefensie / Friends of the Earth Netherlands and Friends of the Earth Europe, including a complaint submitted to the Dutch National Contact Point for the OECD (Organisation for Economic Cooperation and Development) against Rabobank, which has provided a number of loans to Bumitama.[1]   ... →