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Austrian Finance Minister indicates no plan to take action on alleged RBI sanctions breaches

Austria’s central bank will not take enforcement action against Raiffeisen Bank International (RBI) over allegations that a Russian subsidiary breached EU sanctions, documents published by the Austrian Ministry of Finance in early August have confirmed. In a letter addressed to the President of Austria and responding to a parliamentary inquiry, Finance Minister Dr. Markus Marterbauer publicly…

2025-08-21 | BankTrack

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Austrian Finance Minister indicates no plan to take action on alleged RBI sanctions breaches

2025-08-21 | BankTrack

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TNFD’s toxic relationship with Vale

2025-08-19 | Forest & Finance

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Banks called out for backing POSCO’s coal lock-in

21 organisations warn POSCO’s blast furnace relining could lock in at least 15 more years of carbon-intensive steelmaking, exposing banks to legal, financial, and reputational risk

2025-08-05 | BankTrack

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Extinction Rebellion: ING is pinkwashing with Pride

2025-08-02 | Amsterdam | Extinction Rebellion Nederland

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Indonesian communities file complaints against Australian and Japanese banks supporting coal company PLN

ANZ, SMBC, Mizuho and MUFG ignored public health harms when lending to Indonesian energy provider, say complainants

2025-07-31 | Jakarta | BankTrack, Eko, Trend Asia

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Bank Policy Scan: Banco Santander is backtracking on its fossil fuel commitments

Banco Santander removed some of its already-weak corporate finance restrictions for financing oil and coal companies

2025-07-30 | BankTrack

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Court issues dismissal on #DesakMandiri lawsuit

TuK INDONESIA questions court’s failure to address core issues

2025-07-28 | Jakarta, Indonesia | TuK INDONESIA

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UK human rights watchdog accepts complaints against Barclays and HSBC over private prison investments

2025-07-25 | New York, NY | Nijmegen, Netherlands | BankTrack, Coalition for Immigrant Freedom, Worth Rises

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New bank standard says financing metallurgical coal expansion is not aligned with climate science

Consensus grows that banks must end finance for metallurgical coal

BankTrack blog

2025-07-23 | Julia Hovenier – BankTrack

All news

Spotlight

Read Banking on Climate Chaos 2025
Banks fossil fuel finance totals $869 billion in 2024, a dramatic increase in financing

BankTrack's Human Rights Response Tracking Database
Explore bank responses to human rights allegations from 282 communications between civil society groups and banks.

Tell Big Banks: Don't Back PLN's Polluting Coal Plans
Take action with Ekō - tell Citi, HSBC, ING, Deutsche Bank and Standard Chartered not to keep financing PLN's coal expansion!

Target Dodgy Deals

JSW Utkal Steel plant and captive coal power station

India | project

Glencore

Switzerland | company

Mozambique LNG

Mozambique | project

East African Crude Oil Pipeline (EACOP)

Uganda | project

ArcelorMittal

Luxembourg | company

Perusahaan Listrik Negara (PLN)

Indonesia | company

Adani Group

India | company

Jadar lithium mine

Serbia | project

All Dodgy Deals

Focus banks

Barclays

United Kingdom

Barclays followed HSBC in leaving the Net Zero Banking Alliance at the start of August. NZBA member banks voted to abandon the alliance’s headline commitment to align finance with 1.5ºC earlier this year.

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.

Banco Santander

Spain

Banco Santander is backtracking on its fossil fuel commitments. In a policy update from July 2025, the Spanish bank included dangerous new exceptions to its 2030 coal phase-out targets. Besides, it also removed previous corporate finance restrictions for financing some oil and coal companies.

All banks

Campaigns and projects

Banks and Climate

Banks and Human Rights

Banks and Nature

All campaigns and projects

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