Active

2025-03-07 00:00:00 | Banco Santander

Green, Social & Sustainability Funding Global Framework

2023-06-20 00:00:00 | Banco Santander

Defence sector policy

2023-03-07 00:00:00 | Banco Santander

Responsible Banking and Sustainability policy

2023-03-03 00:00:00 | Banco Santander

Code of conduct

2022-08-03 00:00:00 | Banco Santander

Information on the integration policies of sustainability risks

2021-03-10 00:00:00 | Banco Santander

Human rights policy

2020-07-20 00:00:00 | Banco Santander

Soft commodities sector policy

Mining & metals sector policy

Anti-corruption policy

2019-03-11 00:00:00 | Banco Santander

Modern Slavery Statement 2018

2019-02-25 00:00:00 | Banco Santander

Principles of responsible behaviour for suppliers

2018-12-03 00:00:00 | Banco Santander

Anti-money Laundering and Countering Terrorism Financing Corporate Framework

2017-07-20 00:00:00 | Santander

Banco Santander has committed itself to the following voluntary standards:

Banking Environment InitiativeTags:

Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions

Collective Commitment to Climate Action (CCCA)Tags: climate change | corporate social responsibility | United Nations

Dow Jones Sustainability IndicesTags: sustainable development | transparency

Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development

Global Reporting InitiativeTags: sustainable development | human rights

Net-Zero Banking Alliance (NZBA)Tags: climate change | corporate social responsibility | energy | energy plants

Paris Agreement Capital Transition Assessment (PACTA)Tags: corporate social responsibility

Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations

Roundtable for Responsible Soy (RTRS)Tags: agriculture | commodities | soy

Soft Commodities CompactTags: Deforestation | forest

Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance

Taskforce on Nature-related Financial Disclosures (TNFD)Tags: corporate social responsibility | finance

UNEP Finance InitiativeTags: United Nations | sustainable development

United Nations Global CompactTags: United Nations | human rights

Wolfsberg PrinciplesTags: finance | corruption

World Business Council for Sustainable DevelopmentTags: sustainable development | corporate social responsibility

Dodgy Deals

Banco Santander is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Banco Santander's link to these deals.

Projects / Companies

Finance type

Year

News

BankTrack

Partners

Blog

External

BankTrack news BankTrack blog Partner news Partner blog

Still banking on false solutions

BankTrack’s False Solutions Tracker shows that most of the 30 banks assessed count finance for harmful technologies towards their sustainable finance targets.

2025-05-20 | Nijmegen | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Santander backed major South American deforester Cresud despite net zero pledge

Argentinean “agricultural real estate” company Cresud is responsible for deforestation three times the size of Madrid and significant carbon emissions

2025-05-15 | Argentina | Global Witness

BankTrack news BankTrack blog Partner news Partner blog

Santander Blamed In $1.3 Billion South American Deforestation Scandal

BankTrack news BankTrack blog Partner news Partner blog

2025-05-15 | Forbes

‘We are witnessing ecocide’: Santander accused of funding vast deforestation

2025-05-15 | Argentina | The Guardian

BankTrack news BankTrack blog Partner news Partner blog

Global LNG fleet’s annual CO₂e emissions soar past 12 billion tonnes while orderbooks shrug off overcapacity warning

LNG shipping giants continue to ramp up vessel orders despite stranded asset risks, potential decades of carbon lock-in, and a mounting emissions toll

2025-05-13 | Seoul | Solutions for Our Climate

BankTrack news BankTrack blog Partner news Partner blog

Anger as HSBC ‘bulldozes’ its coal policy with billion-dollar Glencore deal

Investors rage at allegations bank broke its climate pledge to raise funds for mining giant

2025-05-01 | The Bureau of Investigative Journalism

BankTrack news BankTrack blog Partner news Partner blog

UK banks’ transition plans “not fit for purpose” – regulation needed

None of the 20 biggest UK and European banks has a credible transition plan to align its business with a 1.5°C aligned trajectory

2025-04-29 | Reclaim Finance

BankTrack news BankTrack blog Partner news Partner blog

‘Net Zero banks’ turn their back on crucial 1.5ºC climate target

“Overwhelming majority” of Net-Zero Banking Alliance (NZBA) members seeks to loosen obligations on how to reach Paris climate goals.

2025-04-15 | Nijmegen | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Why sustainable finance targets could mask climate inaction?

Sustainable finance targets should not be mistaken for evidence of climate action, nor should they be compared with fossil fuel financing.

2025-03-13 | Reclaim Finance

BankTrack news BankTrack blog Partner news Partner blog

Most large banks failing to consider Indigenous rights

2024-12-19 | Mongabay

BankTrack news BankTrack blog Partner news Partner blog

Banks urged to refuse MUFG’s call to finance Papua LNG

2024-12-18 | ActionAid Australia, Centre for Environmental Law and Community Rights (CELCOR), Friends of the Earth Japan, Japan Center for Sustainable Environment and Society (JACSES), Jubilee Australia Research Centre, Market Forces, Reclaim Finance

BankTrack news BankTrack blog Partner news Partner blog

Banks and investors’ unrestricted finance for LNG is fueling a future climate bomb

2024-12-05 | Reclaim Finance

BankTrack news BankTrack blog Partner news Partner blog

Most large banks still failing to implement UN human rights principles, new BankTrack benchmark finds

Despite gradual progress, banks show little action in addressing impacts, protecting vulnerable groups and supporting affected communities.

2024-11-27 | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Banks ready to finance false solutions to the climate crisis

BankTrack’s new False Solutions Tracker, mapping bank definitions of renewables, finds that most banks include ‘false solutions’ within their sustainable/green finance targets.

2024-11-11 | Nijmegen | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

European banks channel $230bn to fossil fuel expansion

Banks using transition finance ‘to maintain business as usual’ with fossil fuel companies, non-profits claim

2024-11-08 | The Banker

BankTrack news BankTrack blog Partner news Partner blog

European banks’ on-going support for fossil fuels is blocking energy transition

2024-11-07 | Reclaim Finance

BankTrack news BankTrack blog Partner news Partner blog

Banks’ low-ambition and incoherent climate targets put net zero goals at risk – new ShareAction analysis

2024-11-05 | ShareAction

BankTrack news BankTrack blog Partner news Partner blog

Major banks fueling biodiversity collapse by $395 billion since the Paris Agreement; Governments failing to reign in banks

New reports reveal escalating financing to destructive sectors and highlight the urgent need for financial sector regulations to achieve Global Biodiversity Goals

2024-10-16 | San Francisco | BankTrack, Amazon Watch, CED Cameroon, Friends of the Earth US, Milieudefensie, Profundo, Rainforest Action Network, Repórter Brasil, Sahabat Alam Malaysia, TuK INDONESIA

BankTrack news BankTrack blog Partner news Partner blog

LNG shipping emissions: A growing climate crisis

2024-10-10 | Stand.earth

BankTrack news BankTrack blog Partner news Partner blog

Energy supply financing ratios: the next milestone in banks’ climate strategy

The energy supply financing ratio is a key indicator that synthesizes two major challenges in limiting global warming to 1.5°C: the phase-out of fossil fuels and the development of sustainable alternatives.

2024-10-07 | Reclaim Finance

BankTrack news BankTrack blog Partner news Partner blog

TotalEnergies and financial markets: Financial institutions engaged for decades of pollution

2024-09-30 | Reclaim Finance

BankTrack news BankTrack blog Partner news Partner blog

Barclays earned $1.7 billion from company tied to Indigenous land invasion

Financial powerhouses including Barclays, Vanguard and BlackRock made millions from financing Brazilian meatpacker JBS

2024-09-26 | London | Global Witness

BankTrack news BankTrack blog Partner news Partner blog

Banks must overhaul climate targets to deliver emissions cuts, new analysis finds

Reclaim Finance is urging banks to rethink their targets, and in particular to jettison the widely used “financed emissions” and “facilitated emissions” targets.

2024-09-19 | Reclaim Finance

BankTrack news BankTrack blog Partner news Partner blog

Frontline communities take the stage at bank AGM’s

AGMs remain crucial for community grievances, while executives seek to limit activist shareholder participation

2024-07-30 | Nijmegen, The Netherlands | Deniz Ozkil – BankTrack

BankTrack news BankTrack blog Partner news Partner blog

BankTrack set to publish 2024 Global Human Rights Benchmark in November

50 of the world’s largest banks were invited to provide feedback on draft assessments of their human rights disclosures

2024-07-23 | Nijmegen, Netherlands | Giulia Barbos – BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Gulf Coast residents and major organizations call on financial institutions to phase out financing of LNG projects in the Rio Grande Valley

“We will hold any financial institutions that choose to support these projects accountable for such impacts.”

2024-07-22 | New York City | Sierra Club

BankTrack news BankTrack blog Partner news Partner blog

Banks fail to substantially respond to communities impacted by ArcelorMittal on climate and human rights concerns

2024-07-18 | BankTrack, Fair Steel Coalition, Reclaim Finance, SteelWatch

BankTrack news BankTrack blog Partner news Partner blog

Coalition calls on European and Japanese banks to stop financing methane gas export projects on the United States Gulf Coast

2024-06-28 | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

European financial institutions invest billions in arms companies that sell weapons to Israel

2024-06-20 | BankTrack, 11.11.11-Koepel van Internationale Solidariteit, Association France Palestine Solidarité, Cairo Institute for Human Rights Studies (CIHRS), Centre National de Coopération au Développement, European Coordination of Committees and Associations for Palestine, European Legal Support Center, European Trade Union Network for Justice in Palestine, Fagforbundet - Norwegian Union of Municipal and General Employees, FairFin, Handel og Kontor i Norge (HK Norway), International Federation for Human Rights (FIDH), Intersindical Alternativa de Catalunya, Landsorganisasjonen i Norge, Norwegian People, Palestine Solidarity Campaign, PAX, The Rights Forum, Trocaire

BankTrack news BankTrack blog Partner news Partner blog

Environmental and Social policies of major Amazon oil and gas financiers fail to protect the Rainforest and its peoples

New report reveals that only one of the top six banks financing oil and gas extraction in the Amazon has an effective policy to protect the region

2024-06-11 | San Francisco (Chochenyo and Karkin Ohlone Lands) | Coordinating body of Indigenous Organizations of the Amazon River Basin (COICA), Stand.earth

BankTrack news BankTrack blog Partner news Partner blog

World’s top banks ‘greenwashing their role in destruction of the Amazon’

2024-06-11 | The Guardian

BankTrack news BankTrack blog Partner news Partner blog

El Banco Santander es la tercera entidad mundial que más ha invertido en gas fósil licuado (GNL) en 2023

2024-05-13 | Tercera Informacion

BankTrack news BankTrack blog Partner news Partner blog

Banks financed fossil fuels by $6.9 trillion dollars since the Paris Agreement; $705 billion provided in 2023 alone; JPMorgan Chase, Mizuho, and Bank of America are worst 3 funders

Annual Banking on Climate Chaos report with an updated methodology offers comprehensive look at who’s bankrolling the climate crisis

2024-05-13 | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club

BankTrack news BankTrack blog Partner news Partner blog

Banks fall for ArcelorMittal’s shiny claims and finance its dirty flames

Don’t be fooled by ArcelorMittal's “low carbon” sponsorship of the Olympic Games

2024-05-08 | Julia Hovenier – BankTrack

BankTrack news BankTrack blog Partner news Partner blog

The Transatlantic Battle to Stop Methane Gas Exports From South Texas

As legal efforts fall short, residents are pursuing a novel strategy to halt the building of export terminals on unspoiled wetlands: Lobby Europeans to reject gas from the U.S.

2024-04-10 | Capital & Main

BankTrack news BankTrack blog Partner news Partner blog

New Report: Bankrolling Ecosystem Destruction

EU banks have poured €256 billion into sectors that threaten nature and climate

2024-03-27 | Amsterdam | Greenpeace International, Harvest, Milieudefensie

BankTrack news BankTrack blog Partner news Partner blog

The banks financing dirty steel

The world’s major banks continue to support the largest and most polluting steel producers

2024-03-26 | Paris, France | Reclaim Finance

BankTrack news BankTrack blog Partner news Partner blog

Santander weakened fossil fuel policy after raising billions for gas projects

2024-03-21 | The Bureau of Investigative Journalism

BankTrack news BankTrack blog Partner news Partner blog

How Dutch banks finance agrilobby in Brazil

The new report exposes the links between Dutch financial institutions and agribusiness lobby

2024-03-21 | Amsterdam | Eerlijke Bankwijzer, Fair Bank Guide Netherlands

BankTrack news BankTrack blog Partner news Partner blog

Still butchering the planet

The big-name financiers bankrolling livestock corporations and climate change – 2024 update

2024-03-18 | London | Feedback

BankTrack news BankTrack blog Partner news Partner blog

Banks driving increase in global meat and dairy production, report finds

Financiers providing billion-dollar support for industrial livestock companies to expand leading to unsustainable rise in production

2024-03-18 | London | the Guardian

BankTrack news BankTrack blog Partner news Partner blog

New benchmark from BankTrack shows Latin American banks falling short on human rights

All 17 Latin American banks assessed are meeting fewer than half of their responsibilities under the UN Guiding Principles

2024-03-12 | Nijmegen | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

The credit chainsaw

A review of how EU-based banks are pouring billions into deforestation

2024-03-12 | Global Witness

BankTrack news BankTrack blog Partner news Partner blog

Financiers warned of huge risks to communities and biodiversity as Rio Tinto approves world’s biggest mining project

2024-02-26 | Accra, Ghana and Nijmegen, Netherlands | BankTrack, Advocates for Community Alternatives (ACA)

BankTrack news BankTrack blog Partner news Partner blog

The Cerrado crisis: Brazil’s deforestation frontline

Everyone knows the Amazon is in crisis. But next door, another ecological catastrophe is unfolding.

2024-02-21 | Global Witness

BankTrack news BankTrack blog Partner news Partner blog

New report by Global Witness "The Cerrado crisis: Brazil’s deforestation frontline"

Deforestation footprint of Brazil’s three biggest meat companies five times larger in fragile Cerrado than in Amazon

2024-02-21 | Global Witness

BankTrack news BankTrack blog Partner news Partner blog

Santander arranged billion-dollar oil bond after making green pledge

HSBC also helped on refinery deal that will boost Amazon oil production

2024-02-19 | The Bureau of Investigative Journalism

BankTrack news BankTrack blog Partner news Partner blog

Following the money behind Amazon oil development

Santander and HSBC worked on Petroperú bond issuance despite its record of Amazon oil spills

2024-02-19 | FT

BankTrack news BankTrack blog Partner news Partner blog

67 organisations call on banks to cease financing metallurgical coal

Banks risk stranded assets & climate catastrophe in steel lending without metallurgical coal exclusions

2023-12-07 | Nijmegen | BankTrack, Reclaim Finance

BankTrack news BankTrack blog Partner news Partner blog

UK banks providing billions in financing to big livestock corporations responsible for higher greenhouse gas emissions than UK and Ireland

2023-12-01 | Feedback

BankTrack news BankTrack blog Partner news Partner blog

European Finance Flows fuelling the climate crisis: The role of Article 2.1c under the UNFCCC

The EU’s call for COP28 to address the world’s climate-harming financial flows not matched by its own efforts at home, research by ActionAid reveals

2023-11-30 | ActionAid

BankTrack news BankTrack blog Partner news Partner blog

Financial institutions in the EU are driving harm to the environment and human rights

2023-10-31 | WWF

BankTrack news BankTrack blog Partner news Partner blog

UBS and Santander’s ‘green’ bonds linked to deforesters and rancher accused of slave labour in Brazil

2023-10-17 | Greenpeace Unearthed

BankTrack news BankTrack blog Partner news Partner blog

Decarbonization: steel not making the cut

Analysis by Reclaim Finance shows that few financial institutions have steel targets, and that those that have been adopted are riddled with flaws

2023-08-23 | Reclaim Finance

BankTrack news BankTrack blog Partner news Partner blog

Indigenous leaders call on top Brazilian banks to end financing of oil & gas in Amazonia

2023-08-10 | Stand.earth

BankTrack news BankTrack blog Partner news Partner blog

New research shows eight major banks responsible for majority of US$ 20 billion in financing for oil and gas companies destroying the Amazon

Banks including JPMorgan Chase, Itaú Unibanco and Banco Santander financed deals directly traced to activities in Peru, Colombia, Brazil and Ecuador

2023-07-25 | Belem, Brazil | Stand.earth

BankTrack news BankTrack blog Partner news Partner blog

Banks committed to net zero still funding North Sea oil expansion by Equinor

Over 60 organisations have written to Equinor's biggest bankers warning them not to fund the company's controversial Rosebank oil field due to climate risks.

2023-07-04 | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Understanding how Brazilian banks finance agribusiness

2023-07-03 | Fair Finance International

BankTrack news BankTrack blog Partner news Partner blog

Pump ass, not gas

Why the LGBT Awards must drop banks as well as big oil

2023-06-28 | huck

BankTrack news BankTrack blog Partner news Partner blog

Challenging banks on their Dodgy Deals this AGM season

Our AGM wrap up blog

2023-06-27 | Natasha Ion – BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Game of Thrones stars challenge big banks over fossil fuel links

Kit Harington and Rose Leslie attend ‘couples therapy’ in Richard Curtis film for Make My Money Matter

2023-04-18

BankTrack news BankTrack blog Partner news Partner blog

Cash, Cattle and the Gran Chaco: How financiers turned a blind eye to Paraguay’s deforestation crisis

2023-04-17 | Global Witness

BankTrack news BankTrack blog Partner news Partner blog

New report: Canadian bank RBC the #1 financier of fossil fuels, world’s biggest banks continued to pour billions into fossil fuel expansion

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations

2023-04-13 | San Francisco | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club

BankTrack news BankTrack blog Partner news Partner blog

The human and environmental cost of Europe financing industrial animal farming

2023-04-12 | Friends of the Earth Europe, Justice is Everybody's Business

BankTrack news BankTrack blog Partner news Partner blog

Banks' energy policies reflect net-zero ambition gap

Restrictions on upstream oil and gas financing aren't the silver bullet that the sector needs to achieve its climate goals.

2023-02-23 | Euromoney

BankTrack news BankTrack blog Partner news Partner blog

New report reveals the 40 financial institutions funding the world's climate-changing methane problem

A new report by Planet Tracker and Changing Markets reveals the top financial institutions funding the world’s biggest methane producers, and the role they can play in turning the tide on global heating.

2023-01-17 | London | Changing Markets, Planet Tracker

BankTrack news BankTrack blog Partner news Partner blog

The number of major banks refusing to support EACOP reaches 24

2022-12-31 | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Europe’s largest banks falling short on climate and biodiversity action

New ShareAction research uncovers urgent need for UK and European banking sector to close loopholes in climate and biodiversity strategies

2022-12-12 | ShareAction

BankTrack news BankTrack blog Partner news Partner blog

European financial institutions heavily invested in companies involved in illegal Israeli settlements

725 European Financial Institutions found to provide billions of dollars in finance to companies operating in Israel's illegal settlement enterprise

2022-12-05 | Brussels | Don't Buy Into Occupation

BankTrack news BankTrack blog Partner news Partner blog

New human rights assessment of banks shows slow progress and lack of action to address key gaps on reporting and remedy

BankTrack’s 2022 Global Human Rights Benchmark finds reporting at a standstill, remedy still lacking and no clear leaders

2022-11-17 | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Bank financiers of harmful wood biomass have no policies addressing impacts, shows new study

A briefing from BankTrack details impacts of the wood biomass industry and calls on banks to exclude sector from finance

2022-10-21 | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Global bank policies ‘dangerously inadequate’ to prevent financing of deforestation, climate chaos and human rights abuses

As the climate and biodiversity crisis intensifies, credit to forest-risk commodity companies increased 160% between 2020 and 2021.

2022-10-18 | Forests & Finance Coalition

BankTrack news BankTrack blog Partner news Partner blog

More major banks and insurers refuse to support EACOP

Lloyds syndicates silent amid human rights abuses

2022-10-14 | BankTrack, #StopEACOP

BankTrack news BankTrack blog Partner news Partner blog

European Parliament passes emergency resolution against human rights violations & environmental threats linked to EACOP

2022-09-16 | BankTrack, #StopEACOP

BankTrack news BankTrack blog Partner news Partner blog

Finance groups risk being kicked out of Mark Carney-led climate coalition

2022-08-22 | London, UK; and Boston, USA | Financial Times

BankTrack news BankTrack blog Partner news Partner blog

Jackdaw shows once again Shell is failing on climate. So why are its bankers failing to act?

2022-07-19 | The Hague, The Netherlands | Sumeyra Arslan – BankTrack

BankTrack news BankTrack blog Partner news Partner blog

New report: Largest European banks bankroll high-risk arms traders

2022-07-12 | PAX

BankTrack news BankTrack blog Partner news Partner blog

BankTrack hosts webinars on the 2022 Banking on Climate Chaos report

Webinar programme organized along with Reclaim Finance, Amazon Watch and 350 Latin America featured frontline community activists from Uganda to Ecuador

2022-06-30 | Savon van den Berk

BankTrack news BankTrack blog Partner news Partner blog

Banks and financiers back beef giant JBS to the tune of almost $1bn despite links to widespread deforestation, land grabbing and slave labour in the Amazon

2022-06-23 | Brazil | Global Witness

BankTrack news BankTrack blog Partner news Partner blog

Banks urged to stop funding Shell if it proceeds with Jackdaw gas field

Climate activists have urged banks to sever financial ties with Shell if it goes ahead with plans to develop a controversial new gas field in the North Sea.

2022-06-03 | The Ferret

BankTrack news BankTrack blog Partner news Partner blog

Climate groups call on Shell’s bankers to stop Jackdaw gas field

UK government’s regulatory approval opens the door for Shell to move ahead with the Jackdaw field

2022-06-03 | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

12 banks lend $8 billion to oil and gas expansionist TotalEnergies

2022-05-13 | Reclaim Finance

BankTrack news BankTrack blog Partner news Partner blog

Banco Santander takes a step on big oil, but what about big meat?

2022-05-02 | Nijmegen, The Netherlands | Sumeyra Arslan – BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Investors and supermarkets urged to drop JBS after shock rise in its climate emissions

2022-04-21 | DeSmog, Feedback Global, Institute for Agriculture and Trade Policy (IATP), Mighty Earth

BankTrack news BankTrack blog Partner news Partner blog

Big Meat. Big Oil. Big Arms Trade.

At Santander's AGM, campaigners call on the bank to Divest The Big.

2022-04-01 | Natasha Ion – BankTrack

BankTrack news BankTrack blog Partner news Partner blog

New report: Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations

2022-03-30 | San Francisco, Bemidji, Nijmegen, Oakland, Paris, Sassenberg, Washington DC | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club, Urgewald

BankTrack news BankTrack blog Partner news Partner blog

What the war in Ukraine teaches us

Lessons for European governments, companies and financiers - a Profundo Expert View

2022-03-04 | Jan Willem van Gelder - Profundo

BankTrack news BankTrack blog Partner news Partner blog

Repeat offenders NAB, ANZ and Westpac bankrolling “bet against the Paris Agreement”

NAB, ANZ and Westpac are among 18 global banks that have loaned to a gas processing facility that paves the way for a carbon bomb at the scale of 15 coal power stations.

2022-01-20 | Market Forces

BankTrack news BankTrack blog Partner news Partner blog

Banks failing to address severe human rights impacts transparently, finds BankTrack research

Findings reinforce the need for regulators to ensure access to effective remedy for people affected by bank finance

2021-12-14 | Nijmegen | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

European financial institutions are investing in companies in illegal Israeli settlements

The Don’t Buy Into Occupation (DBIO) coalition’s new report exposes the financial relationships between European financial institutions and companies actively involved with the illegal Israeli settlements. Hannah Greep and Adrian Lakrichi from BankTrack look at the banks and financial institutions implicated.

2021-11-17 | Ethical Consumer

BankTrack news BankTrack blog Partner news Partner blog

Glasgow wrap-up: updates from banks and civil society at COP26

With COP26 behind us, it’s as clear as ever before that banks must act urgently to help achieve the goal of limiting global warming to 1.5 C.

2021-11-17 | Nijmegen | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Climate groups call out banks lobbying for watered down Net Zero Commitments

Stop the Money Pipeline organizations respond to news that on behalf of a group of 12 banks, HSBC lobbied Mark Carney’s GFANZ to scrap mandatory science-based targets and delay a deadline.

2021-11-09 | New York | BankTrack, Stop the Money Pipeline

BankTrack news BankTrack blog Partner news Partner blog

Activists tell banks and investors to stop doing business with the world’s largest meat company JBS

Company's USD 1 billion “sustainability-linked bond” will allow expansion of Amazon deforestation and massive greenhouse gas emissions, say campaigners

2021-11-03 | BankTrack, Forests & Finance

BankTrack news BankTrack blog Partner news Partner blog

Subvertising stunt sees spoof Santander ads in Glasgow bus stops, two days before COP26 begins in the host city

2021-10-29 | Glasgow | BankTrack, Subvertisers

BankTrack news BankTrack blog Partner news Partner blog

Spoof Santander posters appear across Glasgow ahead of COP26

Spoof Santander posters have been appearing across Glasgow in an effort by climate campaigners to highlight the bank's funding of fossil fuels ahead of COP26.

2021-10-29 | Glasgow | The National

BankTrack news BankTrack blog Partner news Partner blog

Meet the banks funding the owners of the Cambo oil field

New research shines a spotlight on the banks backing Shell and Siccar Point Energy

2021-10-29 | #StopCambo

BankTrack news BankTrack blog Partner news Partner blog

Equator Banks involved in financing at least 200 fossil fuel projects since Paris

BankTrack research sheds new light on finance for fossil fuels by Equator banks

2021-10-26 | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

New report exposes billions in European financial support to companies in illegal Israeli settlements

2021-09-29 | Don't Buy Into Occupation

BankTrack news BankTrack blog Partner news Partner blog

For the sake of cheap soya: railway and waterway threaten the Amazon

2021-09-29 | Society for Threatened Peoples

BankTrack news BankTrack blog Partner news Partner blog

Fossil Banks No Thanks demands banks commit to end fossil fuel finance before Glasgow Climate Summit

210+ groups support urgent call to action

2021-09-23 | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Letter from ClientEarth to 17 banks regarding the Cambo oil field

2021-09-14 | ClientEarth

BankTrack news BankTrack blog Partner news Partner blog

North Sea oil field development shows banks’ hypocrisy over climate

ClientEarth sends letter to 17 banks urging them to stop financing Shell and Siccar Point Energy, the companies pushing for the Cambo oil field

2021-09-14 | ClientEarth

BankTrack news BankTrack blog Partner news Partner blog

European banks storing €20bn a year in tax havens

2021-09-06 | The Guardian

BankTrack news BankTrack blog Partner news Partner blog

New research puts big banks’ sustainability claims in doubt

While 20 of Europe’s 25 largest banks have pledged to reach net-zero emissions by 2050, none have matched these long-term ambitions with comprehensive plans to avert climate change and biodiversity loss

2021-09-06 | London | ShareAction

BankTrack news BankTrack blog Partner news Partner blog

Forests & Finance Coalition warns foreign investors about the risk of the anti-environment agenda in the Brazilian Congress

2021-08-19 | Forests & Finance

BankTrack news BankTrack blog Partner news Partner blog

Brazilian meat company JBS issues "sustainability-linked" bonds: Forests & Finance coalition responds

2021-06-25 | Forests & Finance

BankTrack news BankTrack blog Partner news Partner blog

JBS shows SLB label is nothing without scrutiny

2021-06-18 | Global Capital

BankTrack news BankTrack blog Partner news Partner blog

Fossil assets: the new subprimes?

How funding the climate crisis can lead to a financial crisis

2021-06-10 | Institut Rousseau, Les Amis de la Terre, Reclaim Finance

BankTrack news BankTrack blog Partner news Partner blog

World’s 50 largest banks and investors driving deforestation through weak policies and major investments, new study finds

Top investors BlackRock, Vanguard, State Street, PNB, EPF, GPIF, and KWAP all amongst lowest scoring

2021-06-08 | Forests & Finance

BankTrack news BankTrack blog Partner news Partner blog

Piden a bancos internacionales suspender inversiones ligadas a junta birmana

2021-05-27 | swissinfo.ch

BankTrack news BankTrack blog Partner news Partner blog

Banks called upon to take action to protect biodiversity ahead of UN Biodiversity Conference in Kunming

Civil society organizations urge banks to adopt stringent “No Go” policy for biodiversity rich areas

2021-05-26 | Nijmegen | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

New bank climate initiative fails to grasp urgent need to end finance for fossil fuels

Civil society statement on the launch of the Net-Zero Banking Alliance

2021-04-22 | Nijmegen | BankTrack, urgewald, Amazon Watch, Bank on our Future, Indigenous Environmental Network, Market Forces, Positive Money, Rainforest Action Network, Reclaim Finance, ShareAction, Sierra Club

BankTrack news BankTrack blog Partner news Partner blog

Leading finance firms sign up to Mark Carney forum on low-carbon investment

2021-04-21 | The Guardian

BankTrack news BankTrack blog Partner news Partner blog

More than half of Europe’s bank directors too compromised to end fossil fuel finance

2021-04-07 | DeSmog

BankTrack news BankTrack blog Partner news Partner blog

Banking on Climate Chaos 2021: World’s 60 largest banks have poured USD 3.8 trillion into fossil fuels since Paris Agreement

Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016

2021-03-24 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club

BankTrack news BankTrack blog Partner news Partner blog

EUR 146 billion for trash? How banks and the plastics industry are forcing a global environmental catastrophe

2021-03-04 | Berlin | Facing Finance

BankTrack news BankTrack blog Partner news Partner blog

Santander Group Aims to Achieve Net-Zero Carbon Emissions by 2050

2021-02-26 | The Fintech Times

BankTrack news BankTrack blog Partner news Partner blog

Beefing up risk: the exposure of JBS’ financiers to financial, regulatory and reputational risks

2021-02-11 | Marília Monteiro - BankTrack, Merel van der Mark - Environmental Paper Network

BankTrack news BankTrack blog Partner news Partner blog

Banking beyond deforestation

How the banking industry can help halt and reverse deforestation

2021-01-18 | Cambridge Institute for Sustainability Leadership

BankTrack news BankTrack blog Partner news Partner blog

Bank lending to plastics industry faces scrutiny as pollution concerns mount

2021-01-07 | Reuters

BankTrack news BankTrack blog Partner news Partner blog

Five years lost - How the finance industry is blowing the Paris carbon budget

2020-12-10 | Paris | urgewald, Center for Energy, Ecology, and Development (CEED), Friends of the Earth US, Rainforest Action Network, Reclaim Finance, ReCommon

BankTrack news BankTrack blog Partner news Partner blog

Major global banks complicit in widespread destruction of the Amazon rainforest linked to Brazilian beef companies, and international audits flawed

2020-12-03 | Global Witness

BankTrack news BankTrack blog Partner news Partner blog

Six years of the Soft Commodities Compact failed to slow bank finance for deforestation

New BankTrack research shows need for banks to move beyond certification requirements

2020-12-01 | Nijmegen | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Equator Banks fail communities on consultation and grievance mechanisms, new study finds

BankTrack research into nine projects financed ‘under Equator’ finds routine failures to conduct proper community consultation and a lack of effective project-level grievance mechanisms

2020-11-24 | Nijmegen | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Barclays, HSBC and Credit Suisse among worst offenders on oil sands finance

ShareAction says Barclays has participated in 11 loan and bond deals to oil sands companies since its net zero announcement in March

2020-10-29 | London | ShareAction

BankTrack news BankTrack blog Partner news Partner blog

A call to action on the Principles for Responsible Banking: End climate-destructive financing now

2020-10-20

BankTrack news BankTrack blog Partner news Partner blog

Principles for Responsible Banking no obstacle to finance climate destruction

Twenty PRB banks provided over US$1.25 trillion in fossil fuel financing since Paris Agreement

2020-09-22 | Nijmegen | BankTrack, Rainforest Action Network

BankTrack news BankTrack blog Partner news Partner blog

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Banks are fueling deadly fires, Covid-19 threatens to compound the risks

2020-09-08 | forestsandfinance.org

BankTrack news BankTrack blog Partner news Partner blog

Banks funnelled over USD 150 billion into companies driving deforestation since Paris Agreement, new data analysis shows

First-ever database reveals true scope of financing of forest-risk commodity companies, amidst global rainforest fires

2020-09-01 | San Francisco | BankTrack, Forests & Finance, Rainforest Action Network

BankTrack news BankTrack blog Partner news Partner blog

Bradesco, Itaú, and Santander Launch Plan Promoting Sustainable Development in Amazon

2020-07-23 | The Rio Times

BankTrack news BankTrack blog Partner news Partner blog

Revealed: UK banks and investors' $2bn backing of meat firms linked to Amazon deforestation

2020-06-04 | The Guardian

BankTrack news BankTrack blog Partner news Partner blog

Campaigners urge Santander to set ambitious timetable for fossil fuel exit ahead of AGM

2020-04-02 | Nijmegen | BankTrack, Ecologistas en Accion, Foundation “Development YES - Open-Pit Mines NO”, IIDMA

BankTrack news BankTrack blog Partner news Partner blog

Global finance sector failing to apply conservation criteria to pulp and paper funding

2020-03-21 | New York/Amsterdam | Environmental Paper Network

BankTrack news BankTrack blog Partner news Partner blog

Banking on Climate Change – Fossil Fuel Finance Report Card 2020

New report reveals global banks funneled USD 2.7 trillion into fossil fuels Since Paris Climate Agreement, with financing on the rise each year

2020-03-18 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club

BankTrack news BankTrack blog Partner news Partner blog

Pobladores/as se toman terrenos de Forestal Arauco en Laraquete

2020-03-12 | Resumen.cl

BankTrack news BankTrack blog Partner news Partner blog

Twenty percent of Dominican Republic territory at risk from fossil fuel auction, banks warned to steer clear

2019-11-26 | Nijmegen, the Netherlands | CNLCC, Re:Common, BankTrack

BankTrack news BankTrack blog Partner news Partner blog

4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows

Lloyds, Bank of America, Goldman Sachs and Société Générale among the poorest performers in BankTrack ranking, alongside Canadian and Chinese banks

2019-11-26 | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Aramco IPO: These are the banks and advisers on world's biggest sale

2019-11-03 | Bloomberg

BankTrack news BankTrack blog Partner news Partner blog

We are letting banks off the hook for financing environmental destruction - that must change

2019-10-23 | Independent

BankTrack news BankTrack blog Partner news Partner blog

Santander criticised for investments in Polish coal expansion

2019-10-17 | Environmental Finance

BankTrack news BankTrack blog Partner news Partner blog

Santander criticised for investments in Polish coal expansion

2019-10-17 | Environmental Finance

BankTrack news BankTrack blog Partner news Partner blog

How long will Santander continue to profit from Polish coal expansion?

The Spanish bank's use of ‘ESG loans’ for companies with fossil fuel expansion plans is part of a dangerous new trend

2019-10-16 | Greig Aitken – BankTrack, Kuba Gogolewski – Development YES Open-Pit Mines NO

BankTrack news BankTrack blog Partner news Partner blog

Money to burn

More than 300 banks and investors back six of the world’s most harmful agribusinesses to the tune of $44bn

2019-09-23 | Global Witness

BankTrack news BankTrack blog Partner news Partner blog

Revealed: major banks and investors including Barclays, JPMorgan Chase, Goldman Sachs, Morgan Stanley, BlackRock are pouring money into global forest destruction

New investigation by Global Witness uncovers for the first time a truly global picture of major financial players driving $44 billion into companies directly or indirectly involved in deforestation in the Brazilian Amazon, the Congo Basin and Papua New Guinea.

2019-09-23 | Global Witness

BankTrack news BankTrack blog Partner news Partner blog

Santander e condenado por metas abusivas e adoecimento mental de bancarios

2019-09-11 | Economia

BankTrack news BankTrack blog Partner news Partner blog

Global NGOs: Dirty Dozen Companies Driving Deforestation Must Act Now to Stop the Burning of the World's Forests

Groups call for the immediate suspension of all business and financing with traders active in the Brazilian Amazon "The Amazon is on fire. Corporations share the blame. They need to become part of the solution."

2019-08-30 | Amazon Watch

BankTrack news BankTrack blog Partner news Partner blog

Responsible banks can't ignore climate change

2019-08-25 | Santander CEO

BankTrack news BankTrack blog Partner news Partner blog

Leak exposes millions of dollars in new payments in Odebrecht cash-for-contracts scandal

2019-06-25 | International Consortium of Investigative Journalists

BankTrack news BankTrack blog Partner news Partner blog

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

2019-06-25 | Nijmegen | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Brazilian's public prosecutors office is suing banks for providing credit to companies that are on the slave labour black list

(article in Portuguese)

2019-05-24 | Opovo online

BankTrack news BankTrack blog Partner news Partner blog

Dirty Profits 7 - Out of Control: Irresponsible weapons transfers and future weapon systems

2019-05-22 | Frankfurt am Main | Facing Finance

BankTrack news BankTrack blog Partner news Partner blog

Fool’s Gold – €16bn for Europe’s biggest climate polluters

2019-05-21 | Berlin | Beyond Fossil Fuels

BankTrack news BankTrack blog Partner news Partner blog

Santander’s deep support for fossil fuel industry challenged at bank’s AGM

2019-04-12 | Santander, Spain | BankTrack, Foundation “Development YES - Open-Pit Mines NO”

BankTrack news BankTrack blog Partner news Partner blog

Global Banks, Led by JPMorgan Chase, Invested $1.9 Trillion in Fossil Fuels Since Paris Climate Pact

2019-03-20 | Desmogblog.com

BankTrack news BankTrack blog Partner news Partner blog

Banking on Climate Change – Fossil Fuel Finance Report Card 2019

World's top banks have poured $1.9 trillion into fossil fuel financing since the Paris Agreement was adopted, with financing on the rise each year

2019-03-20 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club

BankTrack news BankTrack blog Partner news Partner blog

Banks be warned – Poland’s PGE wants to blow the house and the climate on coal expansion extravaganza

Latest distress signal from new financial results another reason for potential financiers to walk away

2019-03-14 | Warsaw, Poland | Kuba Gogolewski – Development YES Open-Pit Mines NO

BankTrack news BankTrack blog Partner news Partner blog

Every two weeks a bank, insurer or lender announces new coal restrictions

Major financial institutions restricting coal funding tops 100

2019-02-27 | IEEFA

BankTrack news BankTrack blog Partner news Partner blog

Six Billion Reasons to Go After the Banks

The case for legal action against the big banks that created and profited from Puerto Rico’s debt crisis

2019-02-20 | Public Accountability Initiative

BankTrack news BankTrack blog Partner news Partner blog

Banks massively financing fossil fuels unclear about future of ... fossil fuels

Few banks acknowledge relation between fossil fuels and climate breakdown

2018-12-20 | Nijmegen

BankTrack news BankTrack blog Partner news Partner blog

Santander move on coal finance welcome but ‘far from enough’ to address its climate impacts, say groups

2018-12-13 | Madrid, Spain | BankTrack, Ecologistas en Accion, IIDMA

BankTrack news BankTrack blog Partner news Partner blog

Principles must bring commitments

Banks endorsing draft Principles for Responsible Banking called upon to urgently act on what they sign

2018-11-26 | Paris | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Cum-ex tax scandal cost European treasuries €55 billion

2018-10-18 | Die Welt

BankTrack news BankTrack blog Partner news Partner blog

Major new coal support loan for Poland's PGE, international bank consortium slammed

2018-09-20 | Warsaw, Poland | BankTrack, Foundation Development YES Open-Pit Mines NO, ReCommon, Sandbag

BankTrack news BankTrack blog Partner news Partner blog

Masses march against corruption in Dominican Republic

2018-08-12 | teleSUR

BankTrack news BankTrack blog Partner news Partner blog

Banco Santander: The deed of the merger by absorption of Banco Popular Español by Banco Santander has been registered with the Commercial Registry

2018-04-24 | Twst.com

BankTrack news BankTrack blog Partner news Partner blog

Report finds major banks ramped up fossil fuel financing to $115 billion in 2017

Despite 2017 being the costliest year on record for weather disasters, new report reveals that banks increased extreme fossil fuel financing last year, led by a more than doubling in lending to tar sands companies and pipelines.

2018-03-28 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club

BankTrack news BankTrack blog Partner news Partner blog

European NGOs challenge Banco Santander climate policy at Annual Meeting

IIDMA questions Banco Santander's climate policy and requested clarification on its financing of coal companies in Poland

2018-03-23 | Madrid | BankTrack, Foundation Development YES Open-Pit Mines NO, IIDMA, ShareAction

BankTrack news BankTrack blog Partner news Partner blog

Big banks complicit in massive tar sands destruction and pollution through hundreds of billions in financing

2017-11-02 | Rainforest Action Network

BankTrack news BankTrack blog Partner news Partner blog

Operation Car Wash and a coal plant in the Dominican Republic – anti-corruption protestors are not giving up

2017-10-10 | Luca Manes – Re:Common

BankTrack news BankTrack blog Partner news Partner blog

Scandalo Lava Jato, Santo Domingo si ribella contro la corruzione. E c'entra anche l'Italia

2017-10-03 | l'Espresso

BankTrack news BankTrack blog Partner news Partner blog

Medina’s only option: terminate Odebrecht power plant contract

2017-08-28 | Dominican Today

BankTrack news BankTrack blog Partner news Partner blog

Punta Catalina perdería el financiamiento europeo que le resta para su terminación

2017-08-04 | Proceso

BankTrack news BankTrack blog Partner news Partner blog

Financiers of pulp and paper industry projects will cause environmental and social harm, says new report

2017-08-01 | Mandy Haggith – Environmental Paper Network

BankTrack news BankTrack blog Partner news Partner blog

TCFD: banks supporting better disclosure are not the ones exiting coal project finance

Bank support for FSB Task Force recommendations is welcome, but reveals lack of joined-up thinking

2017-07-31 | Ryan Brightwell – BankTrack, Yann Louvel – BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Punta Catalina – the coal plant project that keeps on giving … a headache to European banks

2017-07-31 | Greig Aitken – BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Banco Popular acquisition

Press release Banco Santander

2017-06-07 | Banco Santander

BankTrack news BankTrack blog Partner news Partner blog

Europe’s biggest banks register €25 billion profit in tax havens

2017-03-27 | Fair Finance International, Oxfam

BankTrack news BankTrack blog Partner news Partner blog

Power plant 'one year behind schedule'

2017-02-08 | Dominican Today

BankTrack news BankTrack blog Partner news Partner blog

Anti-impunity marches to continue

2017-02-03 | Dominican Today

BankTrack news BankTrack blog Partner news Partner blog

La Société Générale priée de renoncer à financer la centrale charbon de Punta Catalina

2017-01-26 | Boursier.com

BankTrack news BankTrack blog Partner news Partner blog

Dominicans on the march against Punta Catalina kickbacks, and want financiers out of the coal plant project

2017-01-23 | Greig Aitken – BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Odebrecht corruption in Dominican Republic – Five European banks urged to pull out of dirty coal plant financing

2017-01-18 | BankTrack, Les Amis de la Terre, National Committee to Combat Climate Change

BankTrack news BankTrack blog Partner news Partner blog

Punta Catalina Commission to subpoena top officials

2017-01-17 | Dominican Today

BankTrack news BankTrack blog Partner news Partner blog

March aims to indict corrupt officials, Odebrecht executives

2017-01-16 | Dominican Today

BankTrack news BankTrack blog Partner news Partner blog

Five European banks pressured not to tolerate corrupt practices at Dominican coal plant project

2017 | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Odebrecht must be terminated: civil society group

2016-12-29 | Dominican Today

BankTrack news BankTrack blog Partner news Partner blog

Odebrecht $92 million bribe: Just hours to deadline, utility produces papers

2016-12-27 | Dominican Today

BankTrack news BankTrack blog Partner news Partner blog

Activists protest Santander bank’s role in Puerto Rico debt crisis

2016-12-21 | Center for Puerto Rican Studies

BankTrack news BankTrack blog Partner news Partner blog

A graveyard of unfinished work left in development bank’s wake

2016-12-01 | Bloomberg

BankTrack news BankTrack blog Partner news Partner blog

New report finds banks betting on climate change

Seventh annual bank finance Report Card reveals major banks poured hundreds of billions into extreme fossil fuels

2016-06-14 | Nijmegen, San Francisco | BankTrack, Rainforest Action Network, Sierra Club and Oil Change International

BankTrack news BankTrack blog Partner news Partner blog

European banks warned over raid on pension funds to finance disputed coal plant in Dominican Republic

2016-05-27 | Santo Domingo, Dominican Republic | CNLCC, BankTrack, Les Amis de la Terre France

BankTrack news BankTrack blog Partner news Partner blog

APRIL announces new sustainability policy after campaign pressure on its financiers

2015-06-08 | Nijmegen | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Indonesian Paper Firm April to Halt Deforestation

2015-06-03 | The Wall Street Journal

BankTrack news BankTrack blog Partner news Partner blog

Result: Santander stops financing forest destroyer APRIL

2015-02-26

BankTrack news BankTrack blog Partner news Partner blog

GREENPEACE UK ACTION: SANTANDER'S LENDING POLICY, SPECIFICALLY WITH REGARDS TO DEFORESTATION

2015-02-25 | Santander

BankTrack news BankTrack blog Partner news Partner blog

Santander Bank cuts off APRIL due to deforestation

2015-02-24 | Mongabay

BankTrack news BankTrack blog Partner news Partner blog

Chinese banks funding rainforest destruction in Indonesia

BankTrack news BankTrack blog Partner news Partner blog

2015-02-18 | Mongabay

Banks lend almost $2bn to “Indonesia’s biggest forest destroyer”

2015-02-17 | BankTrack Blog

BankTrack news BankTrack blog Partner news Partner blog

Fossil fuel divestment campaign grows as protesters target UK banks

2015-02-13 | The Guardian

BankTrack news BankTrack blog Partner news Partner blog

Santander: Stop Financing Extinction

2015-02-10 | Greenpeace

BankTrack news BankTrack blog Partner news Partner blog

El beneficio del Santander crece un 39% en 2014 hasta 5.816 millones

2015-02-03 | El País

BankTrack news BankTrack blog Partner news Partner blog

Santander and ABN AMRO refuse to renew loans to APRIL

2015 | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Call for banks to divest from APRIL

Social conflict and environmental destruction are rife in its operations

2014-12-10 | Nijmegen | BankTrack, Mandy Haggith – Environmental Paper Network

BankTrack news BankTrack blog Partner news Partner blog

Banks not yet living up to UN human rights principles, finds BankTrack

New research finds inadequate reporting on human rights impacts, and failure to establish mechanisms to allow complaints.

2014-12-02 | Geneva | BANKTRACK

BankTrack news BankTrack blog Partner news Partner blog

El Banco Santander implicado en los incendios de la selva de Indonesia

2014-07-09 | Greenpeace

BankTrack news BankTrack blog Partner news Partner blog

APRIL signed a USD 265 million loan agreement

2014-04-25 | Reuters China

BankTrack news BankTrack blog Partner news Partner blog

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance

BankTrack news BankTrack blog Partner news Partner blog

Banco Santander ranked second in the Spanish armed banking

2012-03-28 | Madrid, Spain | SETEM

BankTrack news BankTrack blog Partner news Partner blog

APRIL - PXF financing

2012-03-07 | Trade Finance Magazine

BankTrack news BankTrack blog Partner news Partner blog

Don’t bank on the bomb

2012-03-05 | Washington | ICAN

BankTrack news BankTrack blog Partner news Partner blog

New report: European banks fuelling food price volatility and hunger

2012-01-12 | Brussels | Friends of the Earth Europe

BankTrack news BankTrack blog Partner news Partner blog

Belo Monte dam does not meet sustainability criteria of world's private banks, say rights groups

2011-11-07 | Brazil | International Rivers and Amigos da Terra-Amazônia

BankTrack news BankTrack blog Partner news Partner blog

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com

BankTrack news BankTrack blog Partner news Partner blog

Time to Improve the Equator Principles, BankTrack Says

2011-10-24 | Washington | Social Funds

BankTrack news BankTrack blog Partner news Partner blog

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet

2011-10-23 | Washington | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Financiers search for sustainable future

2011-10-20 | Washington | Environmental Finance

BankTrack news BankTrack blog Partner news Partner blog

Santander Bank admits dam funding to continue

2011-07-11 | Survival

BankTrack news BankTrack blog Partner news Partner blog

Santander Bank reports suspension of funding for controversial dam

2011-05-05 | Survival

BankTrack news BankTrack blog Partner news Partner blog

Cluster bombs manufactured in Spain in 2007 and used by Gaddafi to bomb Misrata were financed by Spanish banks

Cajalón, Caja España, Caja Mediterráneo, Bankinter, Ibercaja, Banco Popular, Banco Sabadell and La Caixa involved

2011-05-04 | Madrid, Spain | SETEM

BankTrack news BankTrack blog Partner news Partner blog

Santander Bank reports suspension of funding for controversial Brazilian dam

2011 | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

European banks provide fuel for the conflict in Sudan

The limited scope of Sustainable Asset Management

2010-09-20 | Amsterdam | Somo

BankTrack news BankTrack blog Partner news Partner blog

New rules for Equator Principles, but no new commitments from banks

New governance rules represent missed chance for Equator Principles to take bold steps forward on transparency and accountability

2010-07-01 | Nijmegen, the Netherlands | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Los bancos puntúan bajo en sostenibilidad, transparencia y responsabilidad

El informe incluye por primera vez a bancos de economías emergentes como India o Tailandia

2010-04-28 | Madrid, Spain | Setem

BankTrack news BankTrack blog Partner news Partner blog

BankTrack calls upon banks to Close the Gap on investment policies

New report evaluates quality of investment policies of 49 banks; more policies in place, overall quality below what is required

2010-04-27 | Nijmegen, the Netherlands | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward

2010-03-15 | Nijmegen, The Netherlands | BankTrack

BankTrack news BankTrack blog Partner news Partner blog

BankTrack members unveil bank secrets

Six European organizations launch a revealing website: www.banksecrets.eu

2009-06-25 | Brussels | CRBM

BankTrack news BankTrack blog Partner news Partner blog

Spain’s Banco Santander Criticized for Hypocrisy

Santander signs Equator Principles while financing Madeira Dam

2009-05-13 | Washington, D.C. | Amazon watch

BankTrack news BankTrack blog Partner news Partner blog

Major banks facilitate corruption in world's poorest countries; government regulation is not working

2009-03-11 | London | Global Witness

BankTrack news BankTrack blog Partner news Partner blog

Polêmicas ambientais e crise afastam financiamento de investidores privados

Folha de Sao Paolo

2009-03-08 | São Paulo- Brazil | Amigos da Terra Amazonia Brasileira

BankTrack news BankTrack blog Partner news Partner blog

Independent Experts Find Fatal Flaws in Amazon Dam Studies

International Rivers

2006-11-13 | Sao Paulo, San Fransisco | Amigos da Terra Amazonia Brasileira

Resources

Documents

Links

Letter from BankTrack and Mars se Drine to Santander on Jadar project

2025-05-08 00:00:00 | BankTrack and Mars se Drine

Environmental, social & climate change risk management

Activities that require special attention and prohibited activities

2025-03-07 00:00:00 | Banco Santander

Annual report 2024

2025-02-26 00:00:00 | Banco Santander

Banking on biodiversity collapse 2024

2024-10-16 00:00:00 | Forest and Finance Coalition

Banking on a climate shipwreck

Exposing the role of global banks in the expansion of maritime fossil gas

2024-10-10 00:00:00 | Stand.earth

NZBA 2024 Progress Report

2024-10-01 00:00:00 | NZBA

Response Tracking – Letter to 20 banks on ArcelorMittal, sent June 10th 2024

2024-07-17 00:00:00 | BankTrack

Open letter to EU & Japanese banks to end finance for LNG in the Gulf South, US

2024-06-28 00:00:00 | BankTrack

Letter from BankTrack to Banco Santander on Risks of Banco Santander's relationship with ArcelorMittal

2024-06-10 00:00:00 | BankTrack

Banking on climate chaos 2024

Fossil fuel finance report 2024

2024-05-13 00:00:00 | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance & Sierra Club

Climate Finance Report 2023

2024-04-30 00:00:00 | Banco Santander

ASSESSING PETROPERÚ’S FINANCIAL, LEGAL, ENVIRONMENTAL, AND SOCIAL RISKS

Risk Alert

2024-04-30 00:00:00 | Amazon Watch

Bankrolling Ecosystem Destruction

EU banks have poured €256 billion into sectors that threaten nature and climate

2024-03-26 00:00:00 | Greenpeace International, Milieudefensie, Harvest

How the Netherlands finances agrilobby in Brazil

A case study for the Fair Bank Guide Netherlands

2024-03-21 00:00:00 | Fair Bank Guide Netherlands

Still Butchering the Planet

2024-03-18 00:00:00 | Feedback

Finance for War. Finance for Peace

How values-based banks foster peace in a world of increasing conflict

2024-02-28 00:00:00 | Banca Etica Group and the Global Alliance for Banking on Values (GABV)

Annual report 2023

2024-02-22 00:00:00 | Banco Santander

The Cerrado crisis: Brazil’s deforestation frontline

2024-02-21 00:00:00 | Global Witness

Letter from BankTrack, Both ENDS and 12 other CSOs to Vale's investors on Brumadinho disaster 5th anniversary

2024-01-22 00:00:00 | BankTrack, Both ENDS and 12 other CSOs

Letter from BankTrack to Banco Santander on Ending support for metallurgical coal

2023-12-07 00:00:00 | BankTrack

Bankrolling the butchers

The role of UK banks in financing industrial meat and dairy corporations

2023-11-30 00:00:00 | Feedback

Letter from BankTrack, ACA, CTEA to Banco Santander on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

2023-11-20 00:00:00 | BankTrack, ACA, CTEA

Santander Climate finance report

2022 - June 2023

2023-08-01 00:00:00 | Banco Santander

Letter from BankTrack and 60 civil society groups to 20 bank financiers of Equinor on Equinor's proposed North Sea field Rosebank

Letter to financiers of Equinor on their client's ownership of Rosebank

2023-07-04 00:00:00 | BankTrack and 60 civil society groups

Green, Social & Sustainability Funding Global Framework

2023-06-20 00:00:00 | Banco Santander

Banking on Climate Chaos 2023

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations

2023-04-13 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, Urgewald

Defence sector policy

2023-03-07 00:00:00 | Banco Santander

Annual report 2022

2023-03-03 00:00:00 | Banco Santander

Responsible Banking and Sustainability policy

2023-03-03 00:00:00 | Banco Santander

Background briefing: Just 7% of global banks' energy financing goes to renewables, new data shows

2023-01-27 00:00:00 | Profundo for Sierra Club, Fair Finance International, BankTrack, Rainforest Action Network

In debt to the planet

Europe’s largest banks are not doing enough to address the twin crises of climate change and biodiversity loss.

2022-12-12 00:00:00 | ShareAction

BankTrack Global Human Rights Benchmark 2022

2022-11-17 00:00:00 | BankTrack

Who is financing fossil fuel expansion in Africa?

2022-11-15 00:00:00 | Urgewald, BankTrack, 350.org Africa, Africa Coal Network & Oilwatch Africa, et al.

Burning forests in the name of clean energy? How banks are failing to exclude the harmful wood biomass industry from finance

2022-10-21 00:00:00 | BankTrack

Responses received to letters sent to signatories of the Glasgow Financial Alliance for Net Zero

2022-10-17 00:00:00 | London Stock Exchange

Code of conduct

2022-08-03 00:00:00 | Banco Santander

Vaca Muerta Basin: An Oil & Gas Trap

IMF and global capital markets neglect the risk of ballooning Argentina’s debt and liability problem

2022-07-29 00:00:00 | Profundo, 350.org Argentina

Letter from BankTrack and Mars se Drine to Santander on Rio Tinto Jadar Lithium Mine

2022-07-14 00:00:00 | BankTrack and Mars se Drine

Letter from BankTrack, 350.org, Bank on our Future and Uplift to 25 banks on Shell's proposed Jackdaw gas field

2022-06-03 00:00:00 | BankTrack, 350.org, Bank on our Future and Uplift

Banking on Climate Chaos 2022

Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021

2022-03-30 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, urgewald

Sustainable Finance Classification System (SFCS)

2022-03-24 00:00:00 | Banco Santander

Annual report 2021

2022-03-14 00:00:00 | Banco Santander

Actions speak louder: Assessing bank responses to human rights violations

2021-12-14 00:00:00 | BankTrack

Letter from BankTrack to Santander Bank on lithium mining in Serbia’s jadar valley

2021-12-12 00:00:00 | BankTrack

Drill, baby, drill

How banks, investors and insurers are driving oil and gas expansion in the Arctic

2021-09-23 00:00:00 | Reclaim Finance

Recipients of the letter about the risk of the anti-environment agenda in the Brazilian Congress

2021-08-19 00:00:00 | BankTrack

Fossil assets: the new subprimes?

How funding the climate crisis can lead to a financial crisis

2021-06-10 00:00:00 | Institut Rousseau, Reclaim Finance, Les Amis de la Terre

The Big Smoke

The global emissions of the UK financial sector

2021-05-25 00:00:00 | Greenpeace and WWF

Key Cerrado Deforesters in 2020 Linked to the Clearing of More Than 110,000 Hectares

2021-05-03 00:00:00 | Chain Reaction Research

Commitment statement Net Zero Banking Alliance

2021-04-21 00:00:00 | UNEP FI Principles for Responsible Banking

Information on the integration policies of sustainability risks

2021-03-10 00:00:00 | Banco Santander

Annual report 2020

2021-03-09 00:00:00 | Banco Santander

Big meat. Big bucks. Bigger harm.

Animal welfare and European financial links with deforestation in the Amazon and Cerrado

2021-03-05 00:00:00 | World Animal Protection and Profundo

Santander Group sets ambition to be net zero by 2050, supported by first decarbonization targets

2021-02-22 00:00:00 | Banco Santander

Banking beyond deforestation

How the banking industry can help halt and reverse deforestation

2021-01-18 00:00:00 | Cambridge Institute for Sustainability Leadership

Collective Commitment to Climate Action - Year One in Review

2020-12-08 00:00:00 | UNEP FI Principles for Responsible Banking

Soft Commitments, Hard Lessons: an analysis of the Soft Commodities Compact

2020-11-30 00:00:00 | BankTrack

"Trust Us, We're Equator Banks": Part II

2020-11-24 00:00:00 | BankTrack

The Banking Environment Initiative (BEI) & the Consumer Goods Forum (CGF)’s ‘Soft Commodities’ Compact

2020-11-16 00:00:00 | Banking Environment Initiative

The BEI & CGF’s ‘Soft Commodities’ Compact: Technical Guidance

2020-11-16 00:00:00 | Banking Environment Initiative

High Risk, Low Reward

An overview of European banks' position on oil sands

2020-10-31 00:00:00 | ShareAction

A Call to Action on the Principles for Responsible Banking: End Climate-Destructive Financing Now

Joint civil society statement

2020-10-20 00:00:00 | BankTrack, Rainforest Action Network, and others

Human rights policy

2020-07-20 00:00:00 | Banco Santander

Annual report 2019

2020-05-19 00:00:00 | Banco Santander

Banking on Climate Change - Fossil Fuel Finance Report 2020

2020-03-18 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club

Soft commodities sector policy

Mining & metals sector policy

Letter from BankTrack to Santander on the bank's progress on its fossil fuel finance since COP24

2019-12-10 00:00:00 | BankTrack

Money to Burn

How iconic banks and investors fund the destruction of the world’s largest rainforests

2019-09-23 00:00:00 | Global Witness

Collective Commitment to Climate Action

2019-09-19 00:00:00 | UNEP FI Principles for Responsible Banking

Letter from Santander to BankTrack on PRB implementation

2019-09-11 00:00:00 | Santander

Fool's Gold

The financial institutions bankrolling Europe’s most coal-dependent utilities

2019-05-21 00:00:00 | Europe Beyond Coal

Annual General Meeting Shareholder Briefing Santander (Spanish)

2019-04-11 00:00:00 | BankTrack

Annual General Meeting Shareholder Briefing Santander (English)

2019-04-10 00:00:00 | BankTrack

Annual report 2018

2019-03-11 00:00:00 | Banco Santander

Anti-corruption policy

2019-03-11 00:00:00 | Banco Santander

Modern Slavery Statement 2018

2019-02-25 00:00:00 | Banco Santander

General Sustainability Policy

2018-12-03 00:00:00 | Banco de Santander

Principles of responsible behaviour for suppliers

2018-12-03 00:00:00 | Banco Santander

Letter from BankTrack and 120 organisations to Santander on Demands FBNT campaign

2018-10-16 00:00:00 | BankTrack and 120 organisations

CSR report 2017

2018-02-16 00:00:00 | Santander

Annual Report 2017

2018-02-05 00:00:00 | Santander

Letter from 30 Indonesian NGOs to PT RAPP financiers on current situation of PT RAPP (APRIL's main supplier)

2017-11-24 00:00:00 | 30 Indonesian NGOs

Anti-money Laundering and Countering Terrorism Financing Corporate Framework

2017-07-20 00:00:00 | Santander

Annual Report 2016

2017-05-16 00:00:00 | Santander

Sustainability Report 2016

2017-05-16 00:00:00 | Santander

Analysis of social and environmental risk in credit operations

2016-08-22 00:00:00 | Santander

2015 Annual Report

Includes Corporate Governance report

2016-08-15 00:00:00 | Santander

Shorting the Climate

Fossil Fuel Finance Report Card 2016

2016-06-14 00:00:00 | BankTrack, Rainforest Action Network, Sierra Club, Oil Change International

Poland – Banks funding the dirtiest form of coal

2016-06-13 00:00:00 | BankTrack

Green Paper, Red Lines

Requirements for pulp and paper industry finance

2016-06-02 00:00:00 | BankTrack, Environmental Paper Network

Code of conduct in securities markets

2016-03-02 00:00:00 | Santander

2015 Sustainability Report

2016-02-01 00:00:00 | Santander

EU Investors, Land Grabs and Deforestation: Case-Studies

Briefing note

2015-06-15 00:00:00 | Fern

The end of coal?

2015 Coal Finance Report Card

2015-05-04 00:00:00 | BankTrack, Rainforest Action Network, Sierra Club

Annual Report 2014

Includes Corporate Governance report

2015-03-24 00:00:00 | Santander

2014 Sustainability Report

2015-03-01 00:00:00 | Santander

Letter from EPN to Banks investing in April on APRIL

2014-12-10 00:00:00 | EPN

Sustainability Report 2013

2014-01-01 00:00:00 | Santander

Annual Report 2013

Includes Corporate Governance report

2014-01-01 00:00:00 | Santander

Sustainability Report 2012

2013-05-08 00:00:00 | Santander

Annual report 2012

Includes Corporate governance report

2013-05-08 00:00:00 | Santander

CSR Report 2011 minisite

2012-05-01 00:00:00 | Santander

Annual Report 2011

2012-03-12 00:00:00 | Santander

Banks and Arms: Explosive investments

A Ranking of the Spanish Arms-Funding Banks

2012-03-01 00:00:00 | Jordi Calvo Rufanges - Centre d’Estudis per la Pau J.M. Delàs · Justícia i Pau

Segunda notificação extrajudicial- Complexo Hidreletrico de Belo Monte- Santander

2011-10-25 00:00:00 | Amigos da Terra- Amazonia Brasileira

Notificação extrajudicial: teor da presente notificação- Santander

2011-10-25 00:00:00 | Amigos da Terra- Amazonia Brasileira

2011 Global Investor Statement on Climate Change

2011-10-19 00:00:00 | IIGCC, INCR, IGCC, UNEP-FI, PRI

Dirty Business: Spanish banks financing producers of controversial weapons

2011-05-05 00:00:00 | Profundo

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

2010-12-18 00:00:00 | Banktrack

Close the Gap

Evaluacion de las politicas de inversion de los bancos internacionales

2010-10-01 00:00:00 | BankTrack

Close the Gap

Benchmarking investment policies of international banks

2010-04-27 00:00:00 | BankTrack

Setem pide al Santander en su Junta de Accionistas que se retire de Río Madeira

2009-06-19 00:00:00 | Setem

Intervention of Annie Yumi Joh - SETEM at Santander´s AGM 2009

2009-06-19 00:00:00 | Annie Yumi Joh

EIS Problems Brief

2009-02-13 00:00:00

El Derecho Al Agua

2009-01-05 00:00:00

Intervention SETEM - Victor Maeso at Santander AGM

2008-06-21 00:00:00

Intervention Luis Novoa - Red de Brasil sobre Instituciones Financieras Multilaterales at Santander AGM

2008-06-21 00:00:00

Intervention of Annie Yumi Joh - SETEM at Santander AGM 2008

2008-06-21 00:00:00

Profiles of European Banks

2008-01-11 00:00:00 | Ceres

Santander: Vínculos financieros con empresas y projectos controvertidos en el mundo

2007-12-15 00:00:00 | SETEM

Brazil offers Bolivia "a gift" - but at what cost?

2007-11-20 00:00:00 | Glenn Switkes

Correspondencia: Ministerio de relaciones y cultos de la República de Bolivia al ministro de relaciones exteriores de la República Federerativa del Brasil

2007-07-10 00:00:00 | David Choquehuanca, ministro de relaciones exteriores y cultos

Pronunciamiento de los Pueblos Amazónicos de Bolivia y Brasil frente a la próxima reunión de los presidentes de los gobiernos de Bolivia y Brazil, Evo Morales e Ingácio Lula da Silva, sobre las represas del río Madera

2007-02-03 00:00:00 | Representatives of towns and communities of the Amazon region of Bolivia and Brazil

30 Errors in the Environmental Impact Assesment for the Madeira River Hydroelectric Complex

2006-11-20 00:00:00 | Amigos da Terra Amazônia Brasileira, International Rivers

Pronunciamiento de la Región Amazónica de Bolivia en torno a las represas proyectadas sobre el río Madera

2006-10-12 00:00:00 | Representatives of the northern Amazon region of Riberalta, Bolivia

Corporate social responsibility webpage of Banco Santander

EPN assessment of policies against 14 minimum criteria - Santander

Environmental Paper Network (EPN) evaluated the policies of 68 major financiers of the pulp and paper industry against 14 absolute minimum criteria that all financial institutions should require their clients, investments and business partners to respect in order to reduce social and environmental risks.

Open letter to financiers - Call to commit not to support the Papua LNG project

Accountability

Grievances

Response tracking

Banco Santander does not operate a complaints channel for individuals and communities that may be adversely affected by its finance.Stakeholders may raise complaints via the OECD National Contact Points (see OECD Watch guidance).

Banco Santander is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.

This page evaluates Banco Santander's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed

Responded?

Total score

Response

Action

Monitoring

ArcelorMittal steel impacts (June 2024)

n/a

Response

Out of 1

Rationale for score

The bank does not acknowledge its link to the impacts or ArcelorMittal, citing that "The Bank’s consistent practice is not to comment on information relating to clients or specific transactions."

Action

Out of 1

Rationale for score

No information available on whether the bank engaged with its client or took appropriate action.

Monitoring

n/a

Rationale for score

The impact was not raised over a year ago and therefore is not scored on monitoring progress.

More info

See the summary of bank responses here. See this bank's response here.

Deforestation in the Amazon (July 2019)

Business and Human Rights Resource Centre, 2019

Response

Out of 1

Rationale for score

The bank did not respond.

Action

Out of 1

Rationale for score

No information available on whether the bank engaged with its client or took appropriate action.

Monitoring

Out of 1

Rationale for score

No information available on whether the bank monitored progress.

More info

Don't Buy into Occupation report (September 2021)

"Don't Buy Into Occupation" report, Sept 2021

Response

Out of 1

Rationale for score

The bank did not respond.

Action

Out of 1

Rationale for score

No information available on whether the bank engaged with its client or took appropriate action.

Monitoring

Out of 1

Rationale for score

No information available on whether the bank monitored progress.

Following the bank's response: The bank has not provided details on how it monitored the progress of specific companies or how the bank monitored the impact on rights-holders involved in raising the issue with the bank of its own action of updating the Agriculture sector policy. Therefore, the score remains unchanged.

More info

Don't Buy into Occupation report (November 2022)

"Don't Buy Into Occupation" report, November 2022

Response

Out of 1

Rationale for score

The bank did not respond.

Action

Out of 1

Rationale for score

No information available on whether the bank engaged with its client or took appropriate action.

Monitoring

Out of 1

Rationale for score

No information to indicate the bank is monitoring the actions of its clients, or actions it might itself have taken in response to the impacts raised.

More info

Finance for JBS and links to deforestation in the Brazilian Amazon (March 2023)