A new energy and climate change statement from Barclays, described by the bank as “supporting the transition to a low carbon economy, while also ensuring that global energy needs continue to be met responsibly,” is shot through with ‘half measures’, according to BankTrack. [1] Greig Aitken, Coal campaigner at BankTrack, said: “Despite Barclays’ claims, the new policy measures lack the necessary ambition to adequately contribute to combating climate change or to safeguard the health and rights of communities around…

Welcome to our end-of-year round-up, in which we look back at BankTrack's biggest moments of 2018, our fifteenth anniversary year. Thank you for reading! If you support BankTrack's work and would like to help us do more, please consider a one-off gift, or even better, a monthly donation - see our Donate page for details. 10. Judge dismisses case against BankTrack in full Last year, Energy Transfer Partners, the company behind the Dakota Access Pipeline, served BankTrack with a lawsuit claiming millions of US dollars that, lets face it,…

HSBC confirmed to campaigners that it has fully divested from Israeli drone manufacturer Elbit Systems, which sells weapons to the Israeli military used in attacks on Palestinians. Over 24,000 people emailed HSBC with concern over its investments in Elbit Systems and other companies selling weapons to Israel’s military, and 40 HSBC branches across the UK were picketed monthly for the same reason. Campaigners vow to continue the campaign, as HSBC maintains business relations with more than a dozen other companies selling weapons and technology…

ANZ Banking Group violated its own policies and international human rights standards by financing a Cambodian sugar company that seized land from local farmers, according to a report released by an Australian government body that monitors corporate behavior overseas. In a rare rebuke of a commercial bank, the Australian National Contact Point (AusNCP) found it “difficult to reconcile” ANZ’s decision to finance Phnom Penh Sugar with the bank’s internal rules and the OECD Guidelines, an ethical business code…