The following is a joint statement issued by a group of Environmental NGOs ー 350.org Japan, Japan Center for a Sustainable Environment and Society (JACSES), Greenpeace Japan, Rainforest Action Network, FOE Japan, Kikonetwork and ASEED Japan ー in response to a public statement made by Sumitomo Mitsui Financial Group Inc.(SMFG) President and Group CEO Takeshi Kunibe in an earnings briefing this week, stating that the company is reconsidering its policy on coal-fired power financing: “We are following this development…

PLANO, TEXAS, May 15, 2018 — The quickly growing international campaign pressuring JPMorgan Chase to end its massive funding of extreme fossil fuels continued to escalate today as a delegation representing Indigenous and nonindigenous communities from Canada to Ecuador and across the U.S. gathered at Chase’s annual shareholder meeting in Plano, Texas. The delegation represents the broad range of people suffering harm from the environmental, Indigenous rights and climate impacts connected to the bank’s financing of the most dangerous…

Minerals and metals are an integral part of our daily lives, from smartphones to toothpaste, but the global extractives industry is also heavily involved in some of the worst labour, environmental and human rights violations, particularly in countries of the South. The industry also has a substantial impact on climate change, particularly those companies involved in the extraction of coal, oil, or in risky practices such as Arctic drilling. In fact, just 7 of the 10 companies shown are responsible for almost 8% of global GHG emissions. The Dirty…

CommerzBank is the main stockholder of the Polish bank mBank, which is financially involved in the biggest Polish coal companies, e.g. Enea, PGE and ZE PAK.  Polish energy companies want to build more than 10GW of power plant capacity – 3.2GW is already under construction. Currently, the biggest planned power plant in Poland is Ostroleka C (1,000 MW) and one of its main investors is Enea.  According to independent experts, during its expected 40-year operation, Ostroleka C may contribute to 2,000 premature deaths. [1]…