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A major UK bank has announced today it is pulling out of one of the world's most controversial coal developments following an international campaign by Greenpeace and others.
UK-based international bank Standard Chartered has become the second financial institutional in the space of just a few days to walk away from the proposed Carmichael mega… read more >> | share >>
There's no excuse for a failure to act on land grabs.
Since Oxfam revealed the links between Australia's biggest banks and companies implicated in agriculture land grabbing in emerging markets, Westpac and National Australia Bank have both moved to improve their record, while ANZ and Commonwealth Bank have totally failed to clean up their act.
UK bank Standard Chartered is the lead advisor on the controversial Carmichael coal mine in Australia. The project would be one of the biggest mines in the world and requires construction of one of the world's largest coal ports in the Great Barrier Reef. This briefing outlines the potential impact of the project on the Great Barrier Reef - a UNESCO World Heritage… read more >> | share >>