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50,000 people petition banks to stop coal finance for PLN

Signatures delivered to Deutsche Bank, ING, HSBC and Standard Chartered: no public commitments yet
A petition signed by over 50,000 people was handed over this week to four major global banks, Deutsche Bank, ING, HSBC, and Standard Chartered, asking them to end finance for Indonesia's state-owned utility company Perusahaan Listrik Negara (PLN). The petition was launched by Ekō, BankTrack, and Trend Asia in February 2025. Specifically, the petitioners demanded that these banks do not underwrite…
2025-09-29 | BankTrack, Eko, Trend Asia
Blog
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50,000 people petition banks to stop coal finance for PLN

Signatures delivered to Deutsche Bank, ING, HSBC and Standard Chartered: no public commitments yet
2025-09-29 | BankTrack, Eko, Trend Asia
Blog
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A trillion dollars of climate risk - new research shows fossil fuel exposures of the world’s 60 biggest banks

2025-09-24 | Finance Watch
Blog
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Banks provide more than twice as much finance for fossil fuels as energy transition

NGOs are urging banks to reduce their financing for fossil fuels, with an immediate end to their expansion, while significantly increasing finance for energy transition.
2025-09-23 | BankTrack, urgewald, Beyond Fossil Fuels, Rainforest Action Network, Reclaim Finance, ShareAction, Stand.earth, WWF
Blog
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UK Government’s corporate watchdog accepts complaint against Standard Chartered Bank for coal financing

2025-09-19 | London | BankTrack, Inclusive Development International, Philippines Movement for Climate Justice, Recourse
Blog
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BankTrack launches Users’ Guide to bank human rights complaint channels

New online tool aims to support people and groups raising human rights complaints with commercial banks
2025-09-18 | Nijmegen, Netherlands | BankTrack
Blog
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FutureCoal distorts the facts to prolong the life of an industry with no social licence to operate

2025-09-16 | Just Share
Blog
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Dirty Profits 12: Yielding to Autocracy – the repressive government bond ties of European banks

2025-09-15 | Facing Finance
Blog
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Exposing the financial fault lines in the (un)just energy transition: New report exposes billions in high-risk mining finance

2025-09-03 | San Francisco | BankTrack, Forests & Finance Coalition
Blog
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Greenwashed Gold Rush: The hidden cost of the electric vehicle boom

How Big Banks are fueling a new wave of environmental and human rights abuses
Partner blog
2025-09-03 | Rainforest Action Network, Timothy Workman
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Upcoming events
Sep26

Grassroots Campaigns in defense of Land, Forests & Food Sovereignty: A New York Climate Week Forum

A New York Climate Week full-day forum of workshops, teach-ins, panels, and more about the economic, social, and environmental impacts of financial corporations and agribusiness on forests, food systems, land rights, and…
Fri Sep 26 2025 10:00 AM - 6:30 PM (UTC-7) The People's Forum , New York NY, United States
Oct7

OECD Forum on Green Finance and Investment 2025

The Forum on Green Finance and Investment is the OECD's annual flagship event on green and sustainable finance.
Tue Oct 07 2025 12:00 AM (UTC+1) Wed Oct 08 2025 6:00 PM (UTC+1) Online
Oct21

Global Coal Exit List 2025 publication

The 2025 edition of Urgewald's coal companies' database will soon be available
Tue Oct 21 2025 9:00 AM (UTC) Report
All events
Spotlight
New report: Banking on business as usual, the energy finance imbalance
Big banks provided more than twice as much finance for fossil fuels as for sustainable alternatives between 2021-2024. Read the report here.
New Users' Guide to Bank Human Rights Complaints Channels
Fighting harmful finance? Here’s how to use bank human rights complaint channels
Read Banking on Climate Chaos 2025
Banks fossil fuel finance totals $869 billion in 2024, a dramatic increase in financing
Target Dodgy Deals

Trafigura

Singapore | company

Simandou Iron Ore Project

Guinea | project

East African Crude Oil Pipeline (EACOP)

Uganda | project

ArcelorMittal

Luxembourg | company

Mozambique LNG

Mozambique | project

Perusahaan Listrik Negara (PLN)

Indonesia | company

JSW Utkal Steel plant and captive coal power station

India | project

Adani Group

India | company
All Dodgy Deals
Focus banks

Deutsche Bank

Germany

Deutsche Bank was the first bank to receive, this week, a petition signed by more than 50,000 individuals, asking major commercial banks not to underwrite any more bonds offered by Indonesian coal developer PLN.

ANZ

Australia

BankTrack and partners submitted a complaint to ANZ's in-house grievance mechanism, alleging that the bank did not conduct adequate human rights checks when deciding to finance Perusahaan Listrik Negara (PLN). PLN plans to expand coal power until 2034, despite the severe public health impacts linked to its coal power plants.

Raiffeisen Bank International

Austria

The Austrian Finance Minister has no plan to take action on alleged sanctions breaches by RBI's Russian subsidiary. BankTrack will be requesting that the Austrian National Bank take action.

Standard Chartered

United Kingdom

On 19th September, the UK Government’s National Contact Point accepted a complaint against Standard Chartered Bank for its financing of coal power plants in the Philippines.

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Mining and Money
2025-09-03 00:00:00 | Forests & Finance Coalition including: Rainforest Action Network, TuK Indonesia, Profundo, Amazon Watch, Milieudefensie, CED Cameroon, Repórter Brasil, BankTrack, Sahabat Alam Malaysia, Friends of the Earth US and Observatório da Mineração
Banking on climate chaos 2025
2025-06-17 00:00:00 | BankTrack, urgewald, Center for Energy, Ecology and Development (CEED), Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance & Sierra Club
BankTrack Annual Report 2024
2025-04-15 00:00:00 | BankTrack
The BankTrack Global Human Rights Benchmark 2024
2024-11-27 00:00:00 | BankTrack
All publications
BankTrack in the Media
Standard Chartered faces complaint over Philippines coal power plant financing
2025-09-22 00:00:00
|
Global Investigations Review
Why Amalgamated’s Ivan Frishberg is still carrying the flame for net zero
2025-09-08 00:00:00
|
Reuters
With a key alliance in limbo, banks are risking ‘zombie’ net-zero targets
2025-09-04 00:00:00
|
Trellis
Indonesian groups accuse ANZ and Japanese banks over coal financing
2025-08-01 00:00:00
|
The Banker
All BT in the media
External News
Barclays latest British lender to quit climate banking alliance
2025-08-01 00:00:00
|
Reuters
UniCredit presence in Russia poses sanctions risk, Italy FinMin says
2025-07-30 00:00:00
|
Reuters
New report: Forests to Frontlines - Oil Expansion Threats in the DRC
2025-07-29 00:00:00
|
EarthInsight
Embattled Macquarie feels climate heat from shareholders
2025-07-25 00:00:00
|
Australian Financial Review
All external news
Website updates
On 2025-09-30 15:42:27 we updated the Deutsche Bank bank page.
On 2025-09-30 15:32:27 we updated the CIMB Group bank page.
On 2025-09-30 15:12:59 we updated the China Merchants Bank bank page.
On 2025-09-30 15:07:14 we updated the China Construction Bank bank page.
On 2025-09-30 14:54:23 we updated the Caixa Econômica Federal bank page.

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Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
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