Rabobank Group is a full-range financial services provider based in the Netherlands. It is founded on cooperative principles and as such owned by its members. The bank offers…
Nr. dodgy deals
Banks urged to back off from Sakhalin II
Sakhalin II crucial test for Equator Principles
Utrecht, Jul 20 2005
Following Shell’s announcement that its Sakhalin II project would cost $20 billion – twice the original estimate – BankTrack on July 19, 2005 sent letters to 25 banks, calling on them not to finance the project. This is the third letter that BankTrack has sent to financial institutions raising environmental and social concerns about Sakhalin II.
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