RBS was founded in 1727 and is one of the major UK banks. RBS has 40 million customers using the financial services of over 30 brands, including NatWest, Direct Line, Churchill, Coutts, Ulster Bank and Citizens. After a massive bailout in 2008, RBS is now a UK government owned institution.
ownership
listed on London Stock Exchange
RBS has been effectively nationalised by the UK government, who has a 85 percent stake in the bank
On October 5th, 2004 an official agreement was signed between the Orissa Mining Corporation (OMC) and Sterlite Industries, a subsidiary of Vedanta Resources plc, for the…
In the Canadian Boreal forest just downstream of the eastern foothills of the Rocky Mountains are the Canadian tar sands. The region contains some 2 trillion barrels of oil,…
The United States Geological Survey estimates that 30% of the world's undiscovered gas and 13% of the world's undiscovered oil is to be found north of the Arctic Circle.…
HidroAysén - owned by European company Endesa and Chilean company Colbun - plans to dam two of Chile's most powerful and pristine rivers, the Baker and Pascua Rivers.…
Located in the western Melaky region of Mahajanga pronvince are the two most developed tar sands projects of Madagascar, named Bemolanga and Tsimiroro. The size of both fields…
Mountain top removal (MTR) mining is a form of strip mining in which coal companies use explosives to blast as much as 800 to 1000 feet off the tops of mountains order to…
The Sakhalin II project in the Russian Far East is said by project sponsors to be the largest integrated oil and gas project in the world. The project involves three…
The ‘Shwe' (meaning ‘golden' in Burmese) projects entail exploitation of underwater natural gas deposits off the coast of western Burma's Arakan State and dual…
Dynegy LS Power is currently planning to construct more new coal-fired power plants than any other company in the USA, which will result in very large increases in greenhouse…
The Grasberg mine, located in the indonesian province of Papua, on the island New Guinea, just north of Australia, is being run by the mining company Freeport McMoran. The…
Sesa Goa is the largest iron ore producer and exporter of Goa. Since 2007 Vedanta Resources is the majority shareholder of Sesa Goa. Sesa Goa's main mining operations are…
BankTrack has identified controversial issues
with the companies listed below that require attention from RBS.
Arch Coal
Arch Coal's proposed Adkins Fork mountaintop removal mine would have major negative historic preservation impacts. The mine would destroy the heart of the Blair Mountain…
If you imagine the global nuclear industry as a giant web, AREVA is the fat, radioactive spider at its centre, greedily looking for new prey. It has manufacturing facilities…
Coal India Limited (Coal India) is the biggest coal producer worldwide, owned by the government of India (see paragraph 3.9). At the end of March 2010, Coal India operated…
E.ON is a German electricity company headquartered in Düsseldorf and is one of the big global players in energy production. E.ON operates along the entire value chain…
Like its rival and fellow French multinational AREVA, Électricité de France (EDF) is one of the biggest players in the global energy game. In fact, with more…
As Italy's largest power company and Europe's second largest according to its generating capacity, Enel is another one of the titans of the energy industry. Its interests…
Recently, two big European electricity utilities, GDF Suez and International Power, have signed a memorandum of understanding to establish the largest independent electricity…
Lockheed Martin is a global security company that is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology…
Europe's second largest electricity generator and one of Europe's five leading gas and electricity companies. Founded in 1898, the company has grown to supply electricity…
Sweden's state-owned Vattenfall is Europe's sixth largest generator of electricity and largest producer of heat. Vattenfall delivers electricity to around 7.8 million customers…
Vedanta Resources is a mining company. It produces aluminum, copper, lead and zinc. Vedanta has a strong position in India, where its founder Anil Agarwal was born, but is…
Vinci is a leading company involved in concessions and construction, and has operations in around 100 countries. It employs an estimated 180,000 people…
Alliant Techsystems (ATK) is the world's largest manufacturer of ammunition and a leading supplier of precision systems and electronic warfare. The company is also active…
As a result of legal and contractual obligations the bank can not comment on individual companies or projects. However, after receiving a more detailed version of the Report in December we may be able to offer further detail.
Jan 04, 2012 - 2011 was the year full of controversies. Our cyber satire unveils banks and bankers that talk green but invest in climate killer coal fired power plants.
RBS protest tar sand finance - in a song..
Dec 15, 2011 - Campaign video on tar sands investment of RBS
Aug 26, 2010 - a three min video of people carrying a 'trojan piggy' bank to RBS-financed Cairn Energy HQ (who are currently drilling in arctic Greenland) and covering it in oil
Mel Evans about Platform and BankTrack
May 19, 2010 - Video shot during the BankTrack annual meeting in Zuerich, January 2010.
Apr 29, 2010 - involving protest of local UK groups
Banking in the Shadows .. a Trip to Jersey
Sep 07, 2009 - The British Channel Island of Jersey is a major European tax haven.
In March 2009, European activists visited Jersey to expose how tax havens affect the lives of ordinary people around the world.
Lawsuit on RBS on channel 4
Jul 07, 2009 - item on channel 4 news describing lawsuit on UK government support for RBS
International website developed by BankTrack, CRBM, Les Amis de la Terre, Netwerk Vlaanderen, Platform, Setem and Urgewald.
Information in English, French, German, Italian, Dutch, Spanish.
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