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Banks accused of “back-door” funding for EACOP via €1.5bn TotalEnergies bond

The StopEACOP coalition has expressed great concern over the issuance of a €1.5 billion bond for TotalEnergies by banks that had publicly distanced themselves from the controversial East African Crude Oil Pipeline (EACOP). The EACOP project has faced significant delays due to public pressure from coalition supporters and members who have highlighted the risks the project poses to financial…

2026-02-27 | BankTrack, #StopEACOP

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Banks accused of “back-door” funding for EACOP via €1.5bn TotalEnergies bond

2026-02-27 | BankTrack, #StopEACOP

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Santander publishes annual report – ShareAction response

2026-02-26 | ShareAction

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Complaint filed to SGX against OCBC for potential misleading conduct

2026-02-24 | Singapore | Market Forces

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Crédit Agricole fined by the ECB for failing to identify climate and environmental risks

2026-02-19 | Forests & Finance

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Press Release: New report reveals companies that care about the climate crisis have a hidden weapon: their credit cards

2026-02-18 | Stop the Money Pipeline

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NatWest tears up oil and gas financing restrictions – ShareAction response

2026-02-13 | ShareAction

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Banks risk burning forests & fossil fuels for “green” steel

New research finds that banks' guidelines for green finance lack much needed clarity on steel decarbonisation, and often include environmentally and socially harmful solutions.

2026-02-11 | Nijmegen | BankTrack

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Fair Finance Thailand unveils 8th annual policy assessment of Thai banks

2026-02-10 | Fair Finance Thailand

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Almost 30 banks turn their back on TotalEnergies’ Papua LNG project

2026-02-10 | Centre for Environmental Law and Community Rights (CELCOR), Japan Center for Sustainable Environment and Society (JACSES), Jubilee Australia Research Centre, Market Forces, Reclaim Finance

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Upcoming events

Mar20

BBVA AGM 2026

The 2026 general meeting of BBVA's shareholders

Fri Mar 20 2026 12:00 AM (UTC) Bilbao, Spain AGM

Mar24

Nordea AGM 2026

The 2026 general meeting of Nordea's shareholders

Tue Mar 24 2026 12:00 AM (UTC) Finland AGM

Mar26

Danske Bank AGM 2026

The 2026 general meeting of Danske Bank's shareholders

Thu Mar 26 2026 12:00 AM (UTC) Denmark AGM

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Spotlight

Decarbonising Steel: BankTrack’s New Research on Real vs. False Solutions
Not all steel decarbonisation strategies are credible. Some are “false solutions” that risk delaying the transition to a non-fossil-fuel steel sector.

Bank Human Rights Complaints Channels: A Users' Guide
Find out how to raise human rights complaints with commercial banks and pursue remedy

Back the campaign against LNG
The world is facing an unprecedented boom in LNG development, with 279 new LNG projects planned around the world. A new website exposes the companies, banks and insurers backing this climate bomb

Target Dodgy Deals

Mozambique LNG

Mozambique | project

JSW Utkal Steel plant and captive coal power station

India | project

Adani Group

India | company

Papua LNG

Papua New Guinea | project

ArcelorMittal

Luxembourg | company

East African Crude Oil Pipeline (EACOP)

Uganda | project

CoreCivic

United States | company

Simandou Iron Ore Project

Guinea | project

All Dodgy Deals

Focus banks

NatWest Group

United Kingdom

NatWest’s annual report was published in February, and was accompanied by policy changes that ShareAction said amounted to "tearing up oil and gas financing restrictions".

Raiffeisen Bank International

Austria

RBI is under new leadership. Cultural organisations being sponsored by the bank risk whitewashing a major enabler of the war on Ukraine, argues this new BankTrack blog.

Mitsubishi UFJ Financial Group (MUFG)

Japan

A recent article from Rainforest Action Network examines MUFG’s TNFD reports, showing they fail to substantially address the bank's impacts on nature and the people who protect it.

China CITIC Bank

China

CITIC’s steel decarbonization framework fails to explicitly exclude financing for all five “false solutions” identified in BankTrack’s False Solutions Report, including biomass, CCUS, and carbon offsetting.

All banks

Campaigns and projects

Banks and Climate

Banks and Human Rights

Banks and Nature

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Latest publications

    
    Financing False Solutions in Steel Decarbonisation 

                    2026-02-11 00:00:00
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                        BankTrack                    
                                    
This report analyses the sustainable finance frameworks of 20 global banks, and which solutions for steel decarbonisation are included. 

    Banking on Biodiversity Collapse 2025

                    2025-11-05 00:00:00
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                        Forests & Finance                    
                                    
    EACOP Finance Risk Update #6

                    2025-10-23 00:00:00
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                        BankTrack & partners                    
                                    
    Mining and Money 

                    2025-09-03 00:00:00
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                        Forests & Finance Coalition including: Rainforest Action Network, TuK Indonesia, Profundo, Amazon Watch,
Milieudefensie, CED Cameroon, Repórter Brasil, BankTrack, Sahabat Alam Malaysia,
Friends of the Earth US and Observatório da Mineração