BANKS DODGY DEALS CAMPAIGNS
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate
Banks and Human Rights
Banks and Nature
Our projects
Tracking the NZBA
Banks and Steel
Banks and Russia
Tracking the Equator Principles
Tracking the PRBs
Find a Better Bank
Banks and the OECD Guidelines
Media
News Publications Events calendar
Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
BankTrack
About BankTrack Organisation Our team Our board Our annual reports Funding and finances Guiding principles Our history BankTrack in the media Team up with us Our privacy policy Donate Get in touch
Successes Contact BankTrack
Donate Mailing list Instagram Bluesky Linkedin Login
BankTrack news BankTrack blog Partner news Partner blog

European Banks Refuse OECD Offer of Mediation in Unprecedented Move Following Complaint on Private Prison Investments

Civil society organizations condemn alarming expression of indifference by UBS, HSBC, and Barclays to their human rights responsibilities for investments in the private prison industry as the Swiss oversight body recommends UBS make improvements, especially to review of passive investment
Today, the Swiss National Contact Point (NCP) for the Organization for Economic Cooperation and Development (OECD) published a Final Statement on a complaint concerning Swiss-based UBS and its ongoing business links to U.S. private prison corporations CoreCivic and GEO Group, particularly those established through the bank’s passive investments. In the statement, the Swiss NCP reveals that,…
2025-10-28 | New York & Nijmegen | BankTrack, Worth Rises
Blog
BankTrack news BankTrack blog Partner news Partner blog

European Banks Refuse OECD Offer of Mediation in Unprecedented Move Following Complaint on Private Prison Investments

Civil society organizations condemn alarming expression of indifference by UBS, HSBC, and Barclays to their human rights responsibilities for investments in the private prison industry as the Swiss oversight body recommends UBS make improvements, especially to review of passive investment
2025-10-28 | New York & Nijmegen | BankTrack, Worth Rises
Blog
BankTrack news BankTrack blog Partner news Partner blog

Metallurgical coal flush with nearly $22 billion from banks, over $30 billion in investments

2025-10-28 | urgewald
Blog
BankTrack news BankTrack blog Partner news Partner blog

TotalEnergies ready to restart Mozambique LNG at any cost — provided that cost is paid by Mozambicans

2025-10-27 | BankTrack, urgewald, Friends of the Earth Japan, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Les Amis de la Terre France, Reclaim Finance, ReCommon
Blog
BankTrack news BankTrack blog Partner news Partner blog

New carbon bombs data shows fossil fuel industry’s plans to overshoot the world’s carbon budget

CarbonBombs.org is the first global tool mapping all carbon bombs – large-scale gas, oil and coal projects, set to emit more than 1 gigatonne of CO₂ over their remaining lifetime
2025-10-27 | Data for Good, éclaircies, LINGO, Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

TotalEnergies financiers beware: EACOP is eating up money, nature and livelihoods

New briefing paper for financiers shows project leads forced to self-finance almost 90% of East African Crude Oil Pipeline
2025-10-23 | BankTrack, AFIEGO, Both ENDS, EarthInsight, Environment Governance Institute (EGI), Inclusive Development International, Just Share, Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Q3 2025: ArcelorMittal Quarterly Risk Briefing

A quarterly round up of all things climate, nature and human rights in ArcelorMittal's global operations.
2025-10-23 | BankTrack, SteelWatch
Blog
BankTrack news BankTrack blog Partner news Partner blog

The Global Coal Exit List 2025: Troubling trends towards chemicals and captive power

2025-10-21 | Berlin | urgewald
Blog
BankTrack news BankTrack blog Partner news Partner blog

Austrian proposal to award €2 billion in frozen Russian assets to Raiffeisen Bank International fails in EU sanctions negotiations

2025-10-21 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

No fossil-free steel without sustainable power: banks must step up

Partner blog
2025-10-20 | Reclaim Finance
All news
Upcoming events
Nov5

Civil society perspectives on the challenges of investing in nature

This full-day side event seminar, organized by the Forests & Finance Coalition, will bring together leading voices to explore actionable insights on aligning financial flows with forest protections, climate resilience, and…
Wed Nov 05 2025 9:00 AM - 6:00 PM (UTC-3) Holiday Inn Sao Paulo Parque Anhembi by IHG Rua Professor Milton Rodriguez #100 - Parque Anhembi, São Paulo - SP, 02009-040, Brazil Meet up
Dec11

Westpac Annual General Meeting 2025

Thu Dec 11 2025 10:00 AM (UTC+11) Sydney, Australia AGM
Dec12

National Australia Bank (NAB) Annual General Meeting 2025

Fri Dec 12 2025 12:00 AM (UTC+11) AGM
All events
Spotlight
Sign up for ArcelorMittal Quarterly Risk Briefings
Receive a round up of all things climate, nature and human rights in ArcelorMittal's global operations in your inbox, four times a year.
Call on banks to stop fueling Amazon destruction
Take action with Stand.Earth! Since 2016, banks have directly financed over $15 billion to Amazon oil and gas industry, with just 10 banks accounting for almost 75% of the direct financing.
New Users' Guide to Bank Human Rights Complaints Channels
Fighting harmful finance? Here’s how to use bank human rights complaint channels
Target Dodgy Deals

JSW Utkal Steel plant and captive coal power station

India | project

CoreCivic

United States | company

Simandou Iron Ore Project

Guinea | project

GEO Group

United States | company

Mozambique LNG

Mozambique | project

East African Crude Oil Pipeline (EACOP)

Uganda | project

ArcelorMittal

Luxembourg | company

Perusahaan Listrik Negara (PLN)

Indonesia | company
All Dodgy Deals
Focus banks

Raiffeisen Bank International

Austria

The Austrian government has abandoned its proposal to award €2 billion in frozen Russian assets to RBI. BankTrack and partners had sent an open letter to the European Commission opposing the plan.
 

UBS

Switzerland

On October 28th, the Swiss OECD National Contact Point announced that UBS had refused mediation with BankTrack and Worth Rises over an OECD complaint on the bank's private prison investments - the first time a European commercial bank has refused OECD complaint mediation.

Standard Chartered

United Kingdom

In October, it was announced that Standard Chartered is replacing Crédit Agricole as financial advisor for the Rovuma LNG project in Cabo Delgado, Mozambique. Crédit Agricole pulled out of the project in March 2024.

ANZ

Australia

BankTrack and partners submitted a complaint to ANZ's in-house grievance mechanism, alleging that the bank did not conduct adequate human rights checks when deciding to finance Perusahaan Listrik Negara (PLN). PLN plans to expand coal power until 2034, despite the severe public health impacts linked to its coal power plants.

All banks
Campaigns and projects

Banks and Climate

Banks and Human Rights

Banks and Nature

All campaigns and projects
Latest publications
EACOP Finance Risk Update #6
2025-10-23 00:00:00 | BankTrack & partners
Mining and Money
2025-09-03 00:00:00 | 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
Banking on climate chaos 2025
2025-06-17 00:00:00 | BankTrack, urgewald, Center for Energy, Ecology and Development (CEED), Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance & Sierra Club
BankTrack Annual Report 2024
2025-04-15 00:00:00 | BankTrack
All publications
BankTrack in the Media
BankTrack op-ed: The NZBA was bad news for climate finance
2025-10-08 00:00:00
|
The Banker
Standard Chartered faces complaint over Philippines coal power plant financing
2025-09-22 00:00:00
|
Global Investigations Review
Why Amalgamated’s Ivan Frishberg is still carrying the flame for net zero
2025-09-08 00:00:00
|
Reuters
With a key alliance in limbo, banks are risking ‘zombie’ net-zero targets
2025-09-04 00:00:00
|
Trellis
All BT in the media
External News
No major banks have yet committed to stop funding new oil, gas and coal, research finds
2025-10-22 00:00:00
|
The Guardian
Barclays latest British lender to quit climate banking alliance
2025-08-01 00:00:00
|
Reuters
UniCredit presence in Russia poses sanctions risk, Italy FinMin says
2025-07-30 00:00:00
|
Reuters
New report: Forests to Frontlines - Oil Expansion Threats in the DRC
2025-07-29 00:00:00
|
EarthInsight
All external news
Website updates
On 2025-10-29 09:18:43 we updated the UBS bank page.
On 2025-10-29 09:16:06 we updated the Raiffeisen Bank International bank page.
On 2025-10-21 11:55:11 we updated the National Australia Bank (NAB) bank page.
On 2025-10-17 15:45:48 we updated the Nykredit Bank bank page.
On 2025-10-17 15:00:09 we updated the Yuanta Commercial Bank bank page.

Support BankTrack

Banks need to change. We make them do so. With your support.

Donate now

Join our mailing list

Get BankTrack updates delivered to your inbox

Sign up
Notice Board
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate Banks and Human Rights Banks and Nature
Our projects
Tracking the NZBA Banks and Steel Banks and Russia Tracking the Equator Principles Tracking the PRBs Find a Better Bank Banks and the OECD Guidelines
Media
News Publications Events calendar
Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
BankTrack
About BankTrack Organisation Our team Our board Our annual reports Funding and finances Guiding principles Our history BankTrack in the media Team up with us Our privacy policy Donate Get in touch
Successes Contact BankTrack
Nijmegen
The Netherlands
Contact us
Donate Mailing list Instagram Bluesky Linkedin
© BankTrack
BankTrack is a registered charity in the Netherlands (ANBI) - RSIN 813874658
Find our privacy policy here

Stay up to date

Sign up now for all BankTrack's news


Make a comment

Your comment will be reviewed, before being posted