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ABN AMRONetherlands
Created before Nov 2016
Last update: 2018-03-29 10:25:55
Johan Frijns, BankTrack
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About ABN AMRO
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ABN AMRO Bank N.V. is a Dutch state-owned bank with headquarters in Amsterdam. It was re-established, in its current form, in 2009 following the acquisition and break up of ABN AMRO Group by a banking consortium consisting of Royal Bank of Scotland Group, Santander and Fortis. ABN AMRO serves retail, private and commercial banking customers in the Netherlands and to a lesser extent in other markets, where it prioritises in serving Dutch companies doing business abroad. It is also active internationally in areas where it claims to have substantial expertise, such as Energy, Commodities & Transportation (ECT) and ABN AMRO Clearing. Its Private Banking activities are focused on the Netherlands, Europe and Asia.
| Website | http://www.abnamro.nl/en/index.html |
| Headquarters |
Gustav Mahlerlaan 10
1082 PP Amsterdam
Netherlands
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| CEO/chair |
Kees van Dijkhuizen CEO |
| Supervisor | |
| Annual report | Integrated Annual Review 2017 |
| Ownership |
ABN AMRO Bank is for 49% owned by the Dutch State, with shares being sold in tranches for full return to the market.
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Related Dodgy Deals
ABN AMRO has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.
Projects - active profiles
Solwara 1 Deep Sea Mining Project Papua New Guinea profile
There are no active projects for ABN AMRO now.
Projects - on record profiles
Buon Kuop dam project Vietnam profile
Mountain top removal coal mining United States profile
Palm Oil Plantations in the Sambas District Indonesia profile
Pebble gold-copper mine United States profile
Rapu Rapu copper mine Philippines profile
Tampakan Copper and Gold Mine project Philippines profile
Temelin nuclear power plant (units 3 & 4) Czech Republic profile
Dodgy Deals map
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Media
Protest against ABN investing in Sakhalin II
Links
Policies
Voluntary initiatives
ABN AMRO has committed itself to the following voluntary standards:- Basel Convention
- Climate Statement Dutch Banking Association (NVB)
- Code Banken (Dutch Banking Code)
- Equator Principles
- Global Reporting Initiative
- Responsible Ship Recycling Statement
- Roundtable on Sustainable Palm Oil (RSPO)
- UN Guiding Principles Reporting Framework
- UNEP Finance Initiative
- United Nations Global Compact
Investment policies
ABN Amro's current sustainability policies can be accessed on their website here.
Year:
Issues
ABN AMRO and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. ABN AMRO adopted the Equator Principles in 2009.
Reporting on the Equator Principles
ABN AMRO must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- ABN AMRO is in compliance with its reporting obligations. The 2016 report can be found here.
Dodgy Deals
ABN AMRO is involved in financing the following Equator Principles projects that BankTrack considers controversial.
Equator Principles
Implementation and reporting
ABN AMRO is reporting on the implementation here.
Contact and complaints
Equator Principles Dodgy Deals
Good moves
Year:
2017
Six banks step away from Dakota Access Pipeline (DAPL) and backers
more >>
2015
Santander and ABN AMRO refuse to renew loans to APRIL
more >>