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The seven largest banks in Sweden have weak sustainability and social responsibility policy guidelines for their investments, an extensive first assessment conducted by the Swedish Fair Finance Guide coalition has concluded.
Dutch banks and insurers invest 69 times more in mining of metals than in recycling them for electronics, reveals a new case study by the Fair Bank and Insurance Guide. This practice runs contrary to the sustainability ambitions of the… read more >> | share >>
On Dec. 4, Ethiopia raised $1 billion from the initial sale of its first international sovereign bond issue. The bond sale was managed by JP Morgan Chase and Deutsche Bank AG.
The proceeds from the bonds will be used for a number of controversial dam projects that are linked to land and water grabs, forced resettlement and human rights abuses, and major reductions… read more >> | share >>
Brussels/Amsterdam, December 16 - Indonesian palm oil company Bumitama announced in September 2014 that it has terminated its contract with an illegal palm oil plantation in Borneo, from which it is no longer purchasing palm oil. This decision followed a public campaign by Milieudefensie / Friends of the Earth Netherlands and Friends of the Earth Europe, including… read more >> | share >>