Fairfin promotes an environmentally and socially responsible approach to money, and strives for a just society. Our campaigns show banks that they have to take responsibility for their investments. Banks invest in all kinds of activities, including weapons, military dictatorships, and companies that abuse human rights or pollute the environment. Banks use our savings and the money that we invest in them to make these investments. Netwerk makes the customers of banks aware of this, and asks banks to lay their cards on the table and stop unethical investments.
Belfius's response to the report by FairFin and others, "'The involvement of Belgian banks in food speculation", was to delete its fund Dexia Fund Commodities from its offer. The performance of this fund was linked to the performance of 24 commodities, and thus had a negative impact on the welfare of the population, mostly in poorer countries. Belfius has promised customers who invested in the fund that it will direct them to new funds that have no negative impact on the food. (FairFin)
Belgian parliament approves law forbidding investments in producers of cluster munitions
Netwerk Vlaanderen (now FairFin), together with three Belgian peace
organisations, began the campaign 'My money. Clear Conscience?' in 2004. In
2007 the campaign achieved a political breakthrough when the Belgian parliament
passed a law forbidding investments in producers of cluster munitions. In addition, by 2007
the campaign had managed
to convince all five of the most prominent banks in Belgium and AXA
insurance to disinvest from anti-personnel mines and cluster munitions altogether.
Coal is a disaster for the climate, stop investments in coal fired power plants!
Netwerk Vlaandereren and environmental organisations BBL, WWF Belgium, Greenpeace Belgium, Friends of the Earth Flanders & Brussels and the workers movement KWB call for a halt to investments in coal plants.
Coal funeral at Deutsche Bank, BNP Paribas and ING
Jan 09, 2012 - On the 1st of March 2011, Netwerk Vlaanderen and its partner organisations in the Bankroet campaign buried coal in front of Deutsche Bank, BNP Paribas and ING, putting the dirty energy source where it belongs: under the ground. Netwerk Vlaanderen handed over more than 4.000 signatures against investments in coal-fired power plants to the respective banks. These banks are among the biggest financiers of coal-fired power plants in the Belgian banking sector.
Shameful investments: banks still funding cluster bombs
Oct 05, 2010 - Cluster bombs are banned under the 2008 Convention on Cluster Munitions, but 138 banks and other financial institutions are still investing over $20 billion USD in the producers of these indiscriminate weapons. Activists paid a visit to 2 of the top banks investing in cluster bombs in the UK, Barclays and HSBC, to call on them to disinvest.
Deutsches Geld für Streubomben (German)
Aug 18, 2010 - German news item about involvement of German banks in Cluster munitions producer (7.6.2010)
Fireparty: launch campaign against banks and climate change
Jun 10, 2010 - -in dutch-
A: Still waters, deep trouble; how Equator bank commitments sink in Lao dams
Nov 11, 2009 - This video shows how the Theun Hinboun Expansion Project in Laos is threatening the livelihoods of more than 50.000 local people.