Banks| Policies| Dodgy Deals| Campaigns
About us| Blog| Publications| Successes| Contact us| Donate
About BankTrack
Visit us
Organisation
Our team
Our board
Guiding principles
Team up with us
Jobs at BankTrack
Our annual reports
Funding and finances
History
BankTrack in the media
Our privacy policy
Donate
2023-02-07 00:00:00
What COP15 means for banks: meeting the Global Biodiversity Framework requires protecting Indigenous rights and divesting from harmful industries
2023-01-23 00:00:00
Berta Cáceres: new rules for banks could help stop defender killings
2023-01-16 00:00:00
In the balance: Why European due diligence legislation must cover financial services
2022-12-08 00:00:00
Exposed: Western banks funding Qatar’s carbon bombs
2022-12-14 11:08:26
HSBC announces it will no longer finance new oil and gas fields
2022-10-13 15:56:39
More major banks and insurers refuse to support EACOP
2022-09-16 10:38:48
European Parliament passes emergency resolution against human rights violations & environmental threats linked to EACOP
2022-06-27 09:49:16
Crédit Agricole takes first step to phase out from the oil and gas sector
Connect
2022-11-22 00:00:00
Banking on Thin Ice: Two years in the heat
2022-11-17 00:00:00
BankTrack Global Human Rights Benchmark 2022
2022-10-21 00:00:00
Burning forests in the name of clean energy? How banks are failing to exclude the harmful wood biomass industry from finance
2022-06-28 00:00:00
The East African Crude Oil Pipeline (EACOP): Finance Risk Update No. 3
2022-04-05 00:00:00
The BankTrack Human Rights Benchmark Asia
2022-03-30 00:00:00
Banking on Climate Chaos 2022
See all publications
Browse
Home
Banks
Policies
Dodgy Deals
Campaigns
About
About BankTrack
Donate
Contact BankTrack
Publications
Victories
Follow Us
News
BankTrack blog
Facebook
Twitter Fossil Banks No Thanks Twitter Fossil Banks No Thanks Instagram
Affiliate Websites
Fossil Banks No Thanks
StopEACOP
Forests & Finance
Banks & Biodiversity
Drop JBS
Bank of Coal
Don't Buy into Occupation
Home › News
Updated Dutch Fair Finance Guide finds big differences in banks' sustainability policies
Start

By: Eerlijke BankWijzer
2014-04-22
The Hague

Contact:

Jules van Os, Press Liaison, Oxfam Novib, Mauritskade 9, PO Box 30919
E-mail: info@eerlijkebankwijzer.nl
Phone Oxfam Novib: +31 70-3421621


Share this page:

Photo: -
Go to:
Start

In 2013, seven Dutch banks have improved their sustainability policies regarding all told 16 subjects. This applies to ABN Amro, Aegon Bank, ASN Bank, NIBC, Rabobank, SNS Bank and Van Lanschot. Three banks, Delta Lloyd Bank, ING Bank and Triodos, have not introduced policy improvements in 2013, despite the fact that these banks do not yet have optimal sustainability policies, or none at all. This is revealed by the new annual update of the Fair Bank Guide.
 
'It's good that several banks are taking further steps to improve their sustainability policy. The race to the top is pushing forward, but not yet at high speed. There still is a long way to go. The policies of many banks, in particular with regard to climate change, animal welfare, taxation and corruption, and housing, still leave much to be desired. The importance of real sustainable investments has still to percolate through to all bank boards,' says Peter Ras, Fair Bank Guide project leader.
 
Positive though, are the new policies introduced by ASN and Rabobank on sustainability in housing and real estate by promoting energy saving measures. ABN Amro finds the extraction of oil from tar sands unacceptable. Aegon has improved its policy on manufacturing industries, by introducing certification requirements garments and chemical industries, and expects companies to accept chain responsibility when it invests in them. The differences between banks remain big: in the speed in which they adopt sustainability policies, in the level of their sustainability ambitions, and in the way they apply their sustainability policies in their investments.
 
'Our four studies into their practices in 2013 show that reality proves resilient to change. The investment policies of banks in nuclear arms, cattle transport, transparency and mining often fall short off the mark or are not being implemented,' according to Ras.

The new Annual Update Fair Bank Guide is published at www.eerlijkebankwijzer.nl.

Note for editors:
 
The Fair Bank Guide is an initiative of Oxfam Novib, FNV, Friends of the Earth Netherlands, Amnesty International, Animal Protection and Pax. The economic research agency Profundo does the studies.
 
The annual update published today concerns a research into the policies of banks. Alongside, we also periodically research the banks' application of their policies in practice. In the next research into their practices, September 2014, we will look into the possible involvement of banks into tax evasion.    

Browse
Home
Banks
Policies
Dodgy Deals
Campaigns
About
About BankTrack
Donate
Contact BankTrack
Publications
Victories
Follow Us
News
BankTrack blog
Facebook
Twitter Fossil Banks No Thanks Twitter Fossil Banks No Thanks Instagram
Affiliate Websites
Fossil Banks No Thanks
StopEACOP
Forests & Finance
Banks & Biodiversity
Drop JBS
Bank of Coal
Don't Buy into Occupation
Vismarkt 15
6511 VJ Nijmegen
The Netherlands

Tel: +31 24 324 9220
Contact@banktrack.org
©2016 BankTrack                Webdesign by BankTrack and EASYmind
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