Dirty Profits 9:


The report Dirty Profits 9: How much Pain for Corporate Gain? focuses on financial institutions that, among other things, invest in mining companies that violate the rights of Indigenous Peoples, lend to European pesticide manufacturers that sell their toxic products to countries with less stringent standards, and facilitate the placement of bonds for defense contractors that profit from the war in Yemen. In total, more than 31 billion euros can be attributed to corporate financing for the in the report examined companies, and the investment volume amounts to over 15 billion euros. The financial institutions examined not only profit themselves from the financial support of the companies under investigation, but in many cases make such business models  possible in the first place through the capital provided.

Download the full report.

Download the statements from banks and companies.

Dirty Profits 8:


In our Dirty Profits 8 issue, we look at global plastic pollution caused by corporations and the responsibility of European banks. Our planet seems to be covered in a growing layer of plastic, be it at coasts, on fields, or in the streets. Plastic waste shows up at the most remote places, in the snow over the Alps, in the ice in Antarctica, in the rain over the Grand Canyon, and on the Galapagos. It is time to wave single-use plastic goodbye!

Read the full report.



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. 

Read the full report



Dirty Profits 6: 

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.

Read the full report

Download the underlying financial data

Dirty Profits 5: 

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.

Download the report

Additional Material:

Response of HSBC to the Dirty Profits 5

Response of BNP Paribas to the Dirty Profits 5

Dirty Profits 4: 

DIRTY PROFITS 4 – Full report

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).



Dirty Profits 3:

Dirty Profits III Final Report 2014 ( online and downloadable pdf version)

Dirty Profits III Final Report 2014 (online ISSUU version)

Download Dirty Profits 3 – Profundo Full Data

Download Dirty Profits 3 – Profundo Methodology




Dirty Profits 2: 

Report on Companies and Financial Institutions Benefiting from Violations of Human Rights

Download Dirty Profits 2






Dirty Profits Exposed: 

Dirty Profits Exposed – Report by Ilham Rawoot and Victoria Schneider, 2013


Dirty Profits 1:

Profiting from human rights violations: How companies and banks profit from massive environmental pollution and human rights abuses.