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BankTrack
@banktrack.bsky.social
Tracking & campaigning on banks and their impact on people and planet. #FossilBanksNoThanks
41 followers329 following15 posts
Bbanktrack.bsky.social

Japan's megabanks MUFG, Mizuho and Sumitomo Mitsui Banking Corporation are fuelling the climate crisis, funding fossil fuel expansion & violating human rights. Join us to learn how we can hold them accountable!🔥 📅 30 Oct, 9:00 CEST | 17:00 Tokyo 🔗 bit.ly/boccjapan

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New: UN Special Rapporteurs Surya Deva and Robert McCorquodale have written to the Equator Principles, a banking sector initiative, expressing concern over its lack of a central accountability mechanism and urging action. www.banktrack.org/article/un_e...#BizHumanRights

UN experts warn banking sector’s Equator Principles on lack of accountability
UN experts warn banking sector’s Equator Principles on lack of accountability

UN human rights experts tasked with supporting the right to development and with interpreting obligations of business under the UN Guiding Principles on Business and Human Rights (UNGPs) have…

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Bbanktrack.bsky.social

🚨 Today is TotalEnergies' Investor Day in NYC! 🚨 In solidarity with the communities impacted by Total’s harmful operations, we call on banks to follow BNP Paribas and Credit Agricole in refusing to support Total's bonds. Read the full press release here: toxicbonds.org/activists-ac...

Activists across the globe call on banks and investors to stop financing TotalEnergies' bonds - Toxic Bonds
Activists across the globe call on banks and investors to stop financing TotalEnergies' bonds - Toxic Bonds

On Wednesday 2nd October, climate groups are protesting in New York, where TotalEnergies is hosting its main investors. Actions are also taking place this week at the headquarters of TotalEnergies’ in...

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Bbanktrack.bsky.social

Financing Adaro Energy Indonesia means facilitating the destruction of Indigenous lands and livelihoods. Banks must reject financing for this blatant disregard for our environment and communities.

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BankTrack – Sep 26 2024 Barclays earned $1.7 billion from company tied to Indigenous land invasion Financial powerhouses including Barclays, Vanguard and BlackRock made millions from financing Brazilian meatpacker JBS www.banktrack.org/article/barc...

Barclays earned $1.7 billion from company tied to Indigenous land invasion
Barclays earned $1.7 billion from company tied to Indigenous land invasion

British banking giant Barclays earned $1.7 billion between 2018 and 2023 by financing JBS, a Brazilian meatpacker implicated in the destruction of Indigenous territories in Brazil, a new Global…

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The elephant in the room is still RBI's ties to the Putin regime. Just as in Belarus, RBI is propping up a remorseless dictator. Just as in Belarus, it can stop at any time. It's never too late to make the right decision. If RBI can leave Belarus, it can also #LeaveRussia.

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Three years ago, we posted a piece on RBI's deep ties to the Lukashenko government. For years, RBI has owned a big stake in Belarus' Priorbank, helping to bankroll and legitimise this dictatorial regime. We're relieved to see them on the right path. www.banktrack.org/article/mone...

BankTrack – "Money does not stink”: Belarus and the ethical values of Raiffeisen Bank International
BankTrack – "Money does not stink”: Belarus and the ethical values of Raiffeisen Bank International

“Pecunia non olet“ - Money does not stink. This ancient Roman saying was recently put to use by German agricultural equipment producer B. Strautmann & Söhne as it dismissed…

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Bbanktrack.bsky.social

Better late than never: We welcome Raiffeisen Bank International's decision to exit Belarus and end its complicity with an autocratic regime. The €300m hit the bank has taken here is surely smaller than the reputational risk of bankrolling Lukashenko. www.reuters.com/business/fin...

Austria's RBI sells Belarus bank at a loss to UAE investor
Austria's RBI sells Belarus bank at a loss to UAE investor

Raiffeisen Bank International said on Friday it is selling its Belarus business at a loss to an investor from the United Arab Emirates, as the Austrian lender faces mounting pressure to also pare back its Russian arm.

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BankTrack
@banktrack.bsky.social
Tracking & campaigning on banks and their impact on people and planet. #FossilBanksNoThanks
41 followers329 following15 posts