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On the fifth anniversary of the endorsement by the UN Human Rights Council of the UN Guiding Principles on Business and Human Rights today, BankTrack highlights three alarming gaps in the human rights practices of all banks, shown by its research into the human rights policies, processes and reporting of 45 international banks over the past three months. 
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A report released today by Rainforest Action Network (RAN), BankTrack, Sierra Club and Oil Change International provides the first look at bank financing for fossil fuels since the Paris Climate Agreement, showing that the world's biggest banks are driving climate change by pumping hundreds of billions of dollars into extreme fossil fuels.
BankTrack this week sent letters to all major shareholders of the Indian National Thermal Power Corporation (NTPC) appealing to them to use their influence to urge the company to withdraw from the highly destructive Rampal coal power plant in Bangladesh. The plant threatens the world's… read more >> | share >>