BankTrack
@banktrack
Challenging commercial banks to urgently and decisively address their impact on #climatechange, #nature collapse and #humanrights. Follow our list of partners and allies:
With a partial sale on the horizon, Italy's UniCredit is set to substantially reduce its presence in Russia. Now the bank must clarify how it intends to make a full exit. New blog by BankTrack's Max Hammer for @business-humanrights.org www.business-humanrights.org/en/blog/unic...
BREAKING! The 17th #BankingOnClimateChaos reveals that the world’s top 65 banks financed fossil fuels with $8.7 TRILLION in just 10 years. Instead of investing in a livable future for us all, big banks are driving worldwide pollution and climate devastation. Learn more at bankingonclimatechaos.org
Our 2025 Annual Report is out now! It's been a challenging year for finance sector advocacy, but our movement is strong! Read all about the dodgy dealings we exposed, and what we achieved together with our partners: www.banktrack.org/article/bank...
New Dodgy Deal profile: Ternium’s “green” loan for polluting steel European & American banks are financing false solutions in Mexico, with potentially severe consequences for people, planet, and the green steel transition. Read more: www.banktrack.org/project/tern...
🚨OUT NOW: Global banks back the world’s biggest mine, but stay silent on its harms We contacted the largest financiers of Rio Tinto, a lead developer of the Simandou project. Communities report land loss, livelihoods destroyed, & water contamination—yet impacts remain unaddressed. 👇Our findings:
New Dodgy Deal: Who's behind Australia's metallurgical coal boom? 🔍 24 banks channelled USD $6.83B to BMA's parent companies BHP & Mitsubishi since 2021, financing three mine expansions in Queensland.
We are today at ING’s annual general meeting, asking ING to stop financing fossil fuels, closing the several loopholes in their coal, oil and gas policies, together with @milieudefensie.bsky.social @fossielvrijnl.bsky.social and @reclaimfinance.org ✊
On Thursday, we protested Raiffeisen's AGM together with @attac.at, @b4ukraine.org, IFOR Austria, and other international partners, standing united against Raiffeisen's ties to fossil fuel giants, military tech companies, and the Russian war machine. Stay tuned for the full video recap! 🎬
🚨 New Dodgy Deal Alert: Burapa Power Plant, Thailand A 540 MW fossil gas plant under construction near Bangkok, with communities sidelined, SLAPP suits used to silence critics, and water rights at risk. UBS is a major shareholder of the project developer. 🔗 banktrack.org/project/burapa_power_plant
🚨KUNDGEBUNG RAIFFEISEN-HAUPTVERSAMMLUNG: GENAUE ZEIT/ORT🚨 ⏰ Do, 9. April, 9:30-11:00 📍Märzpark, Hüttelsdorfer Str./Wurzbachgasse, Wien
🚨2026 #SteelWatch grades on major steel companies’ net-zero transition plans are out and none of them has passed the test! This leads us to ask why banks are still handing out so much unconditional finance to steel companies...
Independent analysis of oil in Uganda raises critical concerns. Findings from @ieefainstitute.bsky.social suggest investing in electrified, climate-resilient industries may deliver stronger job creation, lower financial risk, and more stable growth than oil. #StopEACOP #JustTransition #UgandaOilRisk
TotalEnergies last week issued bonds totalling $3.5 billion - money that it can use for fossil fuel expansion projects like the EACOP, Mozambique LNG, and Papua LNG. It was supported by Bank of America, BPCE/Natixis, Citigroup, Morgan Stanley, MUFG, SMBC and Standard Chartered.
HUGE: The UK Government has dropped the Mozambique LNG project! After years of investigations and campaigning and warnings from communities & civil society worldwide, UKEF has made the only right decision. Other financiers like Standard Chartered need to follow and also step out of the project.
Join us next week on the sidelines of the UN Forum for the launch of the Don’t Buy into Occupation report 2025. 🗓 26 Nov 2025 🕒 13:30-14:30 📍 Geneva Press Club, Chem. de l'Impératrice 18, Geneva // online Sign up in-person (w/ lunch from 13:00): lnkd.in/eNvH_wqs Sign up online: lnkd.in/eRU-3j-t
TotalEnergies financiers beware: the East African Crude Oil Pipeline is eating up money, nature and livelihoods. Our #EACOP Finance Risk Briefing is out now. #StopEACOP www.banktrack.org/article/tota...
Research from Urgewald's Global Coal Exit List shows that coal companies are still expanding their business worldwide. 669 financial institutions already use the list to turn their commitments into change. More banks should follow to end finance for companies like PLN and Adani. www.coalexit.org
⏰ ING, BNP Paribas, Crédit Agricole, BBVA, Société Générale, and JPMorgan helped ArcelorMittal raise €650 million in unconditional debt on the bond market this week.
PLN is the largest coal power developer in 🇮🇩, owning ~64% of the fleet. The estimated toll? 💀 6,720 deaths/year 💸 $4.73 billion in health costs From Aceh to Jakarta, communities are suffering.
#BankingOnClimateChaos Frontline Story: Since 2005 villagers in Odisha, India have been fighting back against a proposed steel and coal power plant that threatens their community.
This Frontline Story accompanies #BankingOnClimateChaos: Fossil Fuel Finance Report, produced in collaboration with BankTrack, Justiça Ambiental (JA!) & @ran.org. Learn more → bankingonclimatechaos.org/banking-on-climate-chaos-2025-report/ & stopmozgas.org.
Despite the alleged human rights abuses, community impacts & climate impacts to an area already facing increased climate disasters, banks like Standard Chartered, Crédit Agricole & Société Générale have still not dropped the Mozambique LNG project.
#BankingOnClimateChaos Frontline Story: In 2010, gas was discovered off the coast of northern Mozambique, leading to a boom of LNG expansion projects that have led to displacement, immense violence, & will have massive local & global climate impacts.
Join tomorrow’s press conference! The #DesakMandiri lawsuit highlights the banking sector's role in the agrarian crisis, social conflicts, and environmental damage. This is not just a legal issue—it's about who finances destruction. More info and registration: www.banktrack.org/event/press_...
According to @politico.com, the JTF imprisoned 180 to 250 men in windowless shipping containers near the entrance of the site for three months. Only 26 of the prisoners are estimated to have survived. Women were subjected to humiliation and sexual assault for a day or two, before being released.
SMBC has signed a loan agreement for the Mozambique LNG project, a project that is already severely impacting communities and nature despite being put on hold since 2021.
It’s #worldotterday — and Japanese bank SMBC loves showing off its cute otter mascot. But behind the scenes, SMBC is funding destructive fossil fuel projects and companies. From Amsterdam, we joined campaigners in telling SMBC to stop financing dirty fossil fuels. @marketforces.org.au
At 17:00 CEST today, BankTrack will join @b4ukraine.org and @investforrights.bsky.social for an investor briefing on the political, financial and reputational risks of Raiffeisen Bank International's Russian operations. For signups and more info: investorsforhumanrights.org/events/raiff...