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Nippon Steel’s coal focus a risk for investors

SteelWatch’s Nippon Steel Corporate Climate Assessment 2025 (1) shows that despite the company having many opportunities globally to pursue near-zero emissions iron and steelmaking, its leadership is stuck in an outdated coal-based production mentality that is unfit for the global company they want to build. Nippon Steel currently consumes approximately 25 million tonnes of coal annually,…
2025-05-08 | Tokyo | SteelWatch
Blog
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Nippon Steel’s coal focus a risk for investors

2025-05-08 | Tokyo | SteelWatch
Blog
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Backtracking on people and planet: frontline communities demand accountability from ArcelorMittal and Ternium

2025-05-07 | Luxembourg | Fair Steel Coalition
Blog
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Indian steel-affected communities launch complaint against Australian and Japanese banks

New complaint alleges banks failed to uphold human rights standards by lending to JSW Steel in India
2025-05-02 | BankTrack
Blog
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New data: UK overseas carbon bombs

Carbon Bombs are fossil fuel projects that could emit more than a gigaton of CO2 over their lifetime.
2025-05-01 | LINGO
Blog
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UK banks’ transition plans “not fit for purpose” – regulation needed

None of the 20 biggest UK and European banks has a credible transition plan to align its business with a 1.5°C aligned trajectory
2025-04-29 | Reclaim Finance
Blog
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“Pay Up ING”: frontline communities and campaigners issue ING with a “Bill of Destruction” and several climate demands at its AGM

BankTrack and partners confront the bank’s board about the impact of fossil fuel financing on communities and the environment
BankTrack blog
2025-04-23 | Amsterdam | BankTrack
Blog
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NatWest urged to close misleading fossil fuel policy loophole

ShareAction response
2025-04-23 | ShareAction
Blog
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BankTrack launches 2024 Annual Report amid global backsliding from banks

2025-04-16 | Nijmegen | BankTrack
Blog
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‘Net Zero banks’ turn their back on crucial 1.5ºC climate target

“Overwhelming majority” of Net-Zero Banking Alliance (NZBA) members seeks to loosen obligations on how to reach Paris climate goals.
2025-04-15 | Nijmegen | BankTrack
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Upcoming events
May12

Climate Justice Happy Hour with the Fair Steel Coalition

Meet frontline activists taking on the steel industry and it's financiers
Mon May 12 2025 5:00 PM (UTC+2) Amsterdam, Netherlands Meet up
May13

BNP Paribas AGM

The annual general meeting of BNP Paribas
Tue May 13 2025 2:00 PM (UTC) Paris, France AGM
May14

Investor Briefing - Sanctioning Russia’s War: The Case of Raiffeisen Bank International

The Investor Alliance for Human Rights, BankTrack, and B4Ukraine are hosting a briefing on 14th May from 17:00-17:30 for investors to discuss and ask questions about the heightened risks confronting companies that remain…
Wed May 14 2025 5:00 PM - 5:30 PM (UTC+2) Online Webinar
All events
Spotlight
Tell PLN's financiers to stop funding PLN's polluting coal plans
Take action by signing Ekō's petition
Raiffeisen Bank International subsidiary still invested in sanctioned Russian entities, find BankTrack and B4Ukraine
Austrian banking group's Russian asset manager holds mutual funds with investments in Sberbank, Gazprom, government bonds
Tell Harita’s lenders that they must rule out financing Harita if it continues building new fossil fuel power plants for its nickel smelters.
Take action with Market Forces
Target Dodgy Deals

Adani Group

India | company

Simandou Iron Ore Project

Guinea | project

Mozambique LNG

Mozambique | project

Perusahaan Listrik Negara (PT PLN)

Indonesia | company

JSW Utkal Steel plant and captive coal power station

India | project

Glencore

Switzerland | company

ArcelorMittal

Luxembourg | company

East African Crude Oil Pipeline (EACOP)

Uganda | project
All Dodgy Deals
Focus banks

Standard Bank

South Africa

The bank is the only Equator Principles financial institution that is supporting the disastrous EACOP project. A first tranche of finance was confirmed in March.

NatWest Group

United Kingdom

New analysis found that NatWest has amended its fossil fuel policy to allow the bank to support financing for oil and gas companies without a credible transition plan.

UBS

Switzerland

Held its AGM in April and was met with protests over its links to San Miguel Corporation's plans for gas plants in the Verde Island Passage 

ING

Netherlands

Dutch banking giant ING was served a giant 12-metre “Bill of Destruction” at its Annual General Meeting (AGM), revealing the long list of damages linked to ING’s fossil fuel financing.

All banks
Campaigns and projects

Banks and Climate

Banks and Human Rights

Banks and Nature

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Latest publications
BankTrack Annual Report 2024
2025-04-15 00:00:00 | BankTrack
Burning the Bridge
2024-12-11 00:00:00 | BankTrack, B4Ukraine
The BankTrack Global Human Rights Benchmark 2024
2024-11-27 00:00:00 | BankTrack
Banking on biodiversity collapse 2024
2024-10-16 00:00:00 | Forest and Finance Coalition
All publications
BankTrack in the Media
Banks Exiting Net-Zero Alliances — and Not Just US Banks
2025-04-30 00:00:00
|
Energy Intelligence
African banks back oil export pipeline despite climate commitments
2025-03-28 00:00:00
|
Climate Home News
Raiffeisen Bank Under Fire: Austrian Activists Demand Bank Cut Ties with Russia
2025-03-26 00:00:00
|
OCCRP
Die russische Raiffeisen-Tochter hat dem Putin-Regime Geld geborgt – darf sie das?
2025-03-21 00:00:00
|
Der STANDARD
All BT in the media
External News
Ugandan ​​activist​ asks HSBC to put ‘lives before profit’ as campaigners target bank’s AGM
2025-05-02 00:00:00
|
The Guardian
Canadian lender RBC abandons sustainable finance goals citing competition act
2025-04-29 00:00:00
|
Reuters
Banks vote to loosen climate coalition membership rules
2025-04-15 00:00:00
|
Reuters
Triodos Bank leaves NZBA
2025-04-15 00:00:00
|
Triodos Bank
All external news
Website updates
On 2025-05-09 12:45:05 we updated the Bank of the Phillipine Islands (BPI) bank page.
On 2025-05-09 10:50:39 we updated the PermataBank bank page.
On 2025-05-09 10:23:00 we updated the Bank BTPN bank page.
On 2025-04-29 12:15:46 we updated the Maybank bank page.
On 2025-04-29 11:47:19 we updated the Taishin International Bank 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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