Active

2019-12-05 | London, UK | BankTrack, urgewald, 350.org

Big four UK banks providing billions for coal power expansion, urged to ‘clean up their acts’ for Glasgow COP

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

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

2019-11-26 | BankTrack

2019-11-18 | Market Forces, BankTrack

Standard Chartered's coal deals undermine leadership of Equator Principles

2019-11-01 | Eco-Business

OCBC is now coal-free: Singapore bank drops out of final coal project

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.

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

2019-09-23 | Global Witness

2019-06-25 | Nijmegen | BankTrack

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

2019-06-19 | Lise Masson – BankTrack

Overly underwhelming - a reflection on Fossil Banks’ AGM season

Major Asian, European banks and US brands still linked to controversial company

Citigroup cancels financing of Indonesian food giant Indofood over palm oil labor abuses

2019-06-18 | San Francisco, CA | Rainforest Action Network

2019-04-09 | The Guardian

Standard Chartered fined $1.1bn for money-laundering and sanctions breaches

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

Banking on Climate Change – Fossil Fuel Finance Report Card 2019

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

2019-03-20 | Desmogblog.com

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

Major financial institutions restricting coal funding tops 100

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

Standard Chartered tries to have it both ways on coal

2019-01-21 | Asia Times

2019-01-17 | Paris, France | Les Amis de la Terre

Trans Adriatic Pipeline: France provides massive financial support to controversial gas project

Few banks acknowledge relation between fossil fuels and climate breakdown

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

2018-12-20 | Nijmegen | Claire Hamlett – BankTrack

Japanese banks top lenders, Chinese banks top underwriters; US companies biggest institutional investors in the coal plant pipeline

COP24: New research reveals the banks and investors financing the expansion of the global coal plant fleet

2018-12-05 | Katowice, Poland | BankTrack, urgewald

2018-10-11 | Market Forces

Major banks are failing Vietnam by violating Equator Principles commitments in financing coal power projects

2018-10-11 | Standard Chartered

We’ve created a new Sustainable Finance team

Standard Chartered to stop financing new coal power plants

2018-09-25 | Bloomberg

2018-09-25 | Nijmegen, the Netherlands | BankTrack

One step beyond coal - New policy move from Standard Chartered welcomed

The power of finance to slow new coal plants

2018-08-29 | Asia Times

2018-08-23 | Market Forces

Ad urging Standard Chartered to stop funding dirty coal published across Asia

Two major British banks are helping to finance coal-fired power stations that will emit more carbon dioxide than the annual emissions of 69% of the world’s countries, a new Global Witness report reveals

HSBC and Standard Chartered accused of “rank hypocrisy” for financing of highly polluting coal projects whilst publicly supporting Paris Climate Agreement

2018-07-23 | London | Global Witness

Coal turns up heat on Standard Chartered

2018-07-23 | The Times

HSBC, Standard Chartered making a killing on coal in SE Asia

2018-07-04 | Asia Times

2018-06-14 | Market Forces

Standard Chartered wants to fund dirty coal-fired power stations in Vietnam

Powering past coal? Top UK banks are passing the buck

2018-05-24 | BankTrack

2018-05-03 | Financial Times

Rainforest Action Network Responds to New Standard Chartered Climate Policy

Standard Chartered raises security ahead of annual meeting

2018-04-05 | Greig Aitken – BankTrack

Smoke and mirrors - world's top banks on notice to slash support for coal power development

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.

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

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

2018-02-14 | Climate Home News

Standard Chartered ‘breaching climate policy’ with Vietnam coal plant investment

2017-12-11 | Financial Times

Banks criticised for funding coal deals despite Paris agreement

2017-11-02 | Rainforest Action Network

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

2017-08-09 | Greenpeace UK

Standard Chartered fails to protect forests

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

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

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

2017-07-26 | Greenpeace UK

How Standard Chartered is funding forest destroyers

New report: HSBC a ‘crucial link in the chain’ of Palestinian oppression says War on Want

2017-07-12 | War on Want

Barclays and HSBC increased finance for coal power in 2016, despite claims to support Paris Agreement

More black marks for coal-hungry UK banks in latest Report Card

2017-07-10 | Greig Aitken – BankTrack

- Oil traders Trafigura and Vitol received over $100 billion in loans since 2012
- Of 26 banks contacted, not one has pressured companies over toxic fuel exports to Africa

Banks provide billions for Dirty Diesel traders while failing to act on human rights, says new briefing

2017-05-23 | Nijmegen | BankTrack

2017-03-27 | Fair Finance Guide International, Oxfam

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

2017-03-16 | Energy Desk Greenpeace

Standard Chartered and other major banks financing palm oil

2017-03-15 | Greenpeace UK

Who still banks on destroying Indonesia’s forests?

Discussion Paper by Thun Group of banks meets series of objections from UN Working Group, John Ruggie and over 30 civil society organisations

Leading banks under fire for misrepresenting human rights responsibilities

2017-02-28 | BankTrack

2016-12-21 | Greig Aitken – BankTrack

Rampal financing still in the balance as double standards mount

2016-12-08 | Nijmegen, the Netherlands | BankTrack

Top US and UK banks urged not to help bankroll destructive Rampal coal plant in Bangladesh

Despite Climate Agreements and Court Decisions, Indonesia Keeps Betting Big on Coal

2016-11-11 | Take Part

Financial sector under the spotlight in new international push to protect forests and forest communities

New online platform reveals banks and investors financing companies linked to tropical forest loss in Southeast Asia

2016-09-06 | Singapore | Rainforest Action Network

2016-02-16 | Nijmegen | BankTrack

New BankTrack Human Rights Impact Briefing: Labour standards violations in IOI Corporation’s Malaysian plantations

2016-02-16 | Nijmegen | BankTrack

New BankTrack Human Rights Impact Briefing: Labour standards violations in IOI Corporation’s Malaysian plantations

2015-08-13 | The Guardian

Global insurer Aviva warns of 'grave reputational risks' of Carmichael mine

2015-08-11 | The Australian Financial Review

Adani cancels second bank, Standard Chartered, from Carmichael project

2015-08-10 | The Guardian

Standard Chartered quits controversial Carmichael coalmine in Queensland

2015-08-10 | London | Greenpeace

Major UK bank ditches giant coal mine threatening Great Barrier Reef

2015-08-06 | The Independent

Standard Charter faces calls to quit 'carbon bomb' mine

2015-08-05 | Greenpeace UK

Costly Coal - Standard Chartered's role in a coal project threatening the Great Barrier Reef

2015-06-09 | London | Greenpeace UK, 350.org

Indigenous Australians call on Standard Chartered not to fund coal mine project

Pressure builds for UK’s Standard Chartered to refuse investment to Great Barrier Reef coal project

2015-05-06 | The Guardian

Standard Chartered vows to review role in Australian coal mine project

2015-05-06 | Hong Kong | Greenpeace

Greenpeace activists protest Standard Chartered’s role in reef wrecking coal mine

2015-05-05 | The Guardian

Standard Chartered faces pressure to cut links to Australian 'carbon bomb' project

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

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

2014-12-02 | Geneva | BANKTRACK

2014-05-08 | India | Live Mint

Adani arm to raise $1.5 bn in overseas debt in 2014

Watch WDM's online, interactive documentary exploring how UK banks are financing coal mining in Indonesia.

Dirty Money - an interactive documentary

2013-11-21 | London | World Development Movement

2013-10-04 | The Huffington Post

Who's Funding Climate Change...

2013-10-01 | London | World Development Movement

UK banks financing coal boom destroying Borneo rainforests

2012-08-13 | Environmental Finance

Equator Principles goes beyond project finance, improves transparency

2012-08-01 | Sakhalin Island, Russia | Environmental-Finance

NGOs seek Sakhalin compensation from Shell, UK banks (Subscription required)

2012-07-31 | Sakhalin Island, Russia | Pacific Environment

Complaint seeks resettlement and compensation from Shell and UK banks for damage caused by Sakhalin II oil and gas project

2011-10-25 | Washington | prizmablog.com

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-24 | Washington | Social Funds

Time to Improve the Equator Principles, BankTrack Says

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

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

2011-10-23 | Washington | BankTrack

2011-10-20 | Washington | Environmental Finance

Financiers search for sustainable future

More than 100,000 people continue to suffer project impacts

Nam Theun 2 inauguration hides real costs of controversial Equator Principles project

2010-12-07 | Laos | International Rivers

Establish first Environmental Information Disclosure Award

Chinese NGOs announce third Green Banking Innovation Award

2010-10-22 | Beijing, China | Green Watershed

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

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

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

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

BankTrack calls upon banks to Close the Gap on investment policies

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

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

Equator Principles: Action, not words needed

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

Major reforms needed on transparency, accountability, implementation and climate change

Civil society groups call for bold steps forward with Equator Principles

2010-01-14 | Nijmegen | BankTrack

2009-03-30 | Bonn, Nijmegen | BankTrack

Carbon Principles and Climate Principles will not stop melting of the ice

Decision provides false reassurance to ABN AMRO, Standard Chartered, ANZ and other financiers

Strong criticism on Reopening Lafayette Rapu Rapu mine Philippines

2007-02-09 | Manila, Utrecht | Defend Patrimony, Greenpeace and BankTrack

Documents

| | | | | | | | | | | |

Type:

Year:

$26 billion support from big four banks for international companies planning coal fleet 16 times the size of current UK capacity

2019-12-05 00:00:00

The UK's dirty coal secret

2019-12-05 00:00:00 | BankTrack, urgewald, 350.org

date listed represents date as accessed on website

2019-10-24 00:00:00

Extractive Industries Position Statement

2019-10-24 00:00:00 | Standard Chartered

2019-09-11 00:00:00 | Standard Chartered

2019-09-11 00:00:00

Letter from Standard Chartered to BankTrack on PRB implementation

2019-08-05 00:00:00

Summary of approach on defence goods

2019-08-05 00:00:00 | Standard Chartered

Human rights position statement

Agro-industries position statement

Infrastructure and transport position statement

Chemicals and manufacturing position statement

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

Fool's Gold

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

2019-05-08 00:00:00 | BankTrack

2019-05-08 00:00:00

Annual General Meeting Shareholder Briefing Standard Chartered

2019-05-07 00:00:00 | Standard Chartered

2019-05-07 00:00:00

Standard Chartered Emissions White Paper

2019-03-31 00:00:00 | Standard Chartered

2019-03-31 00:00:00

Annual report 2018

2019-03-31 00:00:00 | Standard Chartered

2019-03-31 00:00:00

CSR report 2018

2018-12-31 00:00:00 | Standard Chartered

2018-12-31 00:00:00

Modern slavery statement 2018

2018-12-05 00:00:00 | BankTrack

2018-12-05 00:00:00

Coal plant developers: 2018 research analysis

2018-12-04 00:00:00 | ING, BBVA, BNP Paribas, Société Générale, Standard Chartered

2018-12-04 00:00:00

The Katowice Commitment

Code of conduct

Anti-Bribery and Corruption: Summary of Policy

Anti-Money Laundering Policy: Summary of Policy

Supplier charter

Climate change position statement

2018-11-08 00:00:00 | Standard Chartered

2018-11-08 00:00:00

Letter from Standard Chartered to BankTrack on new coal policy and Fossil Banks, No Thanks! demands

2018-11-08 00:00:00 | Standard Chartered

2018-11-08 00:00:00

Letter from Standard Chartered to BankTrack on Letter from BankTrack regarding Updated Position Statement on Power generation

Effective from March 2019

2018-10-25 00:00:00

Power Generation Position Statement

2018-10-25 00:00:00 | Standard Chartered

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

2018-10-16 00:00:00

Letter from BankTrack and 120 organisations to Standard Chartered on Demands FBNT campaign

2018-05-03 00:00:00 | Standard Chartered

2018-05-03 00:00:00

Prohibited Activities List

2018-03-31 00:00:00 | Standard Chartered

2018-03-31 00:00:00

Sustainability summary 2017

2018-02-27 00:00:00 | Standard Chartered

2018-02-27 00:00:00

Annual report 2017

2018-01-01 00:00:00 | Standard Chartered

2018-01-01 00:00:00

Sustainability Aspirations 2018

Forest & Finance Briefing

2017-11-30 00:00:00

Major international banks continue to finance palm oil company Indofood despite evidence of systemic labor abuses

2017-11-30 00:00:00 | RAN, TuK Indonesia & Profundo

How PepsiCo, Banks and the Roundtable on Sustainable Palm Oil perpetuate Indofood's worker exploitation

2017-11-30 00:00:00

The human cost of conflict palm oil - revisited

2017-11-30 00:00:00 | RAN, OPPUK & International Labor Rights Forum

2017-07-31 00:00:00 | Standard Chartered

2017-07-31 00:00:00

Position Statement on Palm Oil

UK bank complicity in Israel’s crimes against the Palestinian people

2017-07-03 00:00:00

Deadly Investments

2017-07-03 00:00:00 | War on Want

2017-06-13 00:00:00 | RAN, TuK Indonesia & Profundo

2017-06-13 00:00:00

Japanese and Malaysian banks and investors continue to pump billions of dollars into forest-risk companies, without adequate environmental and social safeguards

2017-05-16 00:00:00 | Standard Chartered

2017-05-16 00:00:00

Annual Report 2016

2017-04-05 00:00:00 | Standard Chartered

2017-04-05 00:00:00

Position Statement: Fossil Fuel Power Generation

2017-03-14 00:00:00 | BankTrack

2017-03-14 00:00:00

Letter from BankTrack to Thun Group on concerns regarding Thun Group discussion paper on human rights

Comments on Thun Group of Banks Discussion Paper

on the Implications of UN Guiding Principles 13 & 17 In a Corporate and Investment Banking Context

2017-02-21 00:00:00 | Prof. John G. Ruggie

2017-02-14 00:00:00 | BankTrack and others

2017-02-14 00:00:00

Letter from BankTrack and others to Thun Group of Banks on Significant Concerns Regarding Thun Group Discussion Paper

2017-01-31 00:00:00 | RAN, TuK & Profundo

2017-01-31 00:00:00

Sime Darby urged to resolve long-standing land rights conflict before stock exchange listing of its plantation division

2016-12-08 00:00:00 | 53 organisations

2016-12-08 00:00:00

Letter from 53 organisations to 5 banks on Exim India bonds

Position Statement on Biofuels

Position Statement on Dams and Hydropower

Position Statement on Forestry

Position statement on Gambling

Position statement on Mining and Metals

Position statement on nuclear power

Position statement oil and gas

Benchmarking Banks against the UN Guiding Principles on Business and Human Rights

2016-06-30 00:00:00

Banking with Principles? Second Edition June 2016

2016-06-30 00:00:00 | BankTrack

2016-05-02 00:00:00 | Standard Chartered

2016-05-02 00:00:00

Position Statement on Climate Change and Energy

2016-03-01 00:00:00 | Standard Chartered

2016-03-01 00:00:00

Annual report 2015

2016-03-01 00:00:00 | Standard Chartered

2016-03-01 00:00:00

Sustainability summary 2015

2016-02-16 00:00:00 | BankTrack

2016-02-16 00:00:00

Human Rights Impact Briefing #1:Labour standards violations in IOICorporation’s Malaysian plantations

2015-11-05 00:00:00 | Standard Chartered

2015-11-05 00:00:00

Position Statement on Fisheries

2015-06-08 00:00:00 | BankTrack

2015-06-08 00:00:00

Standard Chartered's involvement in the Carmichael coal mine would be 'non-standard' and 'unchartered', on the bank's own terms

2015-05-06 00:00:00 | Standard Chartered

2015-05-06 00:00:00

Sustainability Summary 2014

Defence Goods- Policy Summary

Position Statement on Renewable Energy

Includes sustainability review

2015-03-16 00:00:00

Annual Report 2014

2015-03-16 00:00:00 | Standard Chartered

2014-12-04 00:00:00 | Standard Chartered

2014-12-04 00:00:00

Position Statement on Childrens Rights

Benchmarking Banks against the UN Guiding Principles on Business and Human Rights

2014-12-02 00:00:00

Banking with Principles?

2014-12-02 00:00:00 | BankTrack

2014-04-02 00:00:00 | Standard Chartered

2014-04-02 00:00:00

Annual Report 2013

2014-04-02 00:00:00 | Standard Chartered

2014-04-02 00:00:00

Sustainability review 2013

How the UK financial sector is bankrolling Indonesia's fossil fuel boom

2013-09-30 00:00:00

Banking while Borneo burns

2013-09-30 00:00:00 | World Development Movement

2013-03-28 00:00:00 | Standard Chartered PLC

2013-03-28 00:00:00

Annual Report 2012

2013-03-28 00:00:00 | Standard Chartered PLC

2013-03-28 00:00:00

Sustainability Review 2012

2012-04-18 00:00:00 | Standard Chartered

2012-04-18 00:00:00

Sustainability Review 2011

2012-04-18 00:00:00 | Standard Chartered

2012-04-18 00:00:00

Annual Repor 2011

2011-07-08 00:00:00 | Standard Chartered

2011-07-08 00:00:00

HIV/Aids policy

2011-04-18 00:00:00 | Standard Chartered

2011-04-18 00:00:00

Annual report 2010

2011-04-18 00:00:00 | Standard Chartered

2011-04-18 00:00:00

Sustainability review 2010

2011-04-18 00:00:00 | Standard Chartered

2011-04-18 00:00:00

Health and safety policy

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

2010-12-18 00:00:00

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

Where did our money go?

2010-10-04 00:00:00 | New Economics Foundation

Benchmarking investment policies of international banks

2010-04-27 00:00:00

Close the Gap

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

Why the Climate and Carbon Principles will not stop the melting of the ice

2009-03-01 00:00:00

Meek Principles for a Tough Climate

2009-03-01 00:00:00 | BankTrack

2005-05-02 00:00:00 | International Rivers and others

2005-05-02 00:00:00

Letter to Standard Chartered on Nam Theun 2

Media

<div class="videoWrapper">
            			            				<iframe allowfullscreen frameborder="0" scrolling="no" marginheight="0" marginwidth="0" width="560" height="349" type="text/html" src="//www.youtube.com/embed/dCqTGxn_00E?autoplay=0&fs=1&iv_load_policy=3&showinfo=0&rel=0&cc_load_policy=0&start=0&end=0&origin=http://www.banktrack.org"></iframe>
            			            			<h1>Banking while Borneo burns: top five banks fuelling climate change</h1>
				    	<div class="description"><b><span class='convert_date'>2013-10-02 15:13:19</span> - </b>The Global Justice Now (formerly World Development Movement) calling for UK companies to make public the carbon emissions of the fossil fuel extraction they finance, as well as having to report their direct carbon emissions. Under new rules coming into force on October 1 2013, firms must disclose information such as energy use and petrol consumption in their annual reports. But the UK's top five banks helped fossil fuel companies raise GBP170 billion between 2010 and 2012. This must be limited if we are to avoid catastrophic climate change.	    					        				</div>
					</div>

Dirty Money - an interactive documentary

An interactive documentary exploring how UK banks are financing coal mining in Indonesia. You can navigate your own way through a range of material. The documentary includes interview clips: including indigenous people whose homelands have been destroyed by coal mining, people in the mountains of Java running their own renewable energy projects, finance experts and campaigners.

http://www.wdm.org.uk/webdoc

Standard Chartered standards and policies

http://www.standardchartered.com/en/sustainability/performance-and-policies/standards-and-policies.html

Standard Chartered sustainability page

https://www.sc.com/en/sustainability/

Christian Aid petition: Standard Chartered: make the Big Shift out of fossil fuels

https://www.christianaid.org.uk/campaigns-climate-change/big-shift/standard-chartered-e-action

Policies

Voluntary initiatives

Standard Chartered has committed itself to the following voluntary standards:

Banking Environment Initiative
Carbon Disclosure Project
Climate Principles
Equator Principles
Global Reporting Initiative
Natural Capital Declaration
Principles for Responsible Banking (PRB)
Roundtable on Sustainable Palm Oil (RSPO)
Soft Commodities Compact
Task Force on Climate-related Financial Disclosures
UNEP Finance Initiative
United Nations Global Compact
Wolfsberg Principles

Investment policies

Standard Chartered's web page on corporate social responsibility can be accessed here.

Year:

date listed represents date as accessed on website

2019-10-24 00:00:00

Extractive Industries Position Statement

2019-10-24 00:00:00 | Standard Chartered

2019-08-05 00:00:00

Summary of approach on defence goods

2019-08-05 00:00:00 | Standard Chartered

Human rights position statement

Agro-industries position statement

Infrastructure and transport position statement

Chemicals and manufacturing position statement

2018-12-31 00:00:00 | Standard Chartered

2018-12-31 00:00:00

Modern slavery statement 2018

Code of conduct

Anti-Bribery and Corruption: Summary of Policy

Anti-Money Laundering Policy: Summary of Policy

Supplier charter

Climate change position statement

Effective from March 2019

2018-10-25 00:00:00

Power Generation Position Statement

2018-10-25 00:00:00 | Standard Chartered

2018-05-03 00:00:00 | Standard Chartered

2018-05-03 00:00:00

Prohibited Activities List

2017-07-31 00:00:00 | Standard Chartered

2017-07-31 00:00:00

Position Statement on Palm Oil

2017-04-05 00:00:00 | Standard Chartered

2017-04-05 00:00:00

Position Statement: Fossil Fuel Power Generation

Position Statement on Biofuels

Position Statement on Dams and Hydropower

Position Statement on Forestry

Position statement on Gambling

Position statement on Mining and Metals

Position statement on nuclear power

Position statement oil and gas

2016-05-02 00:00:00 | Standard Chartered

2016-05-02 00:00:00

Position Statement on Climate Change and Energy

2015-11-05 00:00:00 | Standard Chartered

2015-11-05 00:00:00

Position Statement on Fisheries

Defence Goods- Policy Summary

Position Statement on Renewable Energy

2014-12-04 00:00:00 | Standard Chartered

2014-12-04 00:00:00

Position Statement on Childrens Rights

Campaigns

Standard Chartered 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. Standard Chartered adopted the Equator Principles in 2003.

Reporting on the Equator Principles

Standard Chartered must report annually on its implementation of the Equator Principles. All information is supposed to be found here.

Standard Chartered is in compliance with its reporting obligations. The 2017 report can be found here.

Dodgy Deals

Standard Chartered is involved in financing the following Equator Principles projects that BankTrack considers controversial.

Active

Trans Adriatic Pipeline (TAP) - international -

oil and gas

Active

Vung Ang II coal power plant Vietnam

energy plants - coal

Liquified Natural Gas (LNG) project Papua New Guinea

oil and gas

Nam Theun 2 dam Laos

energy plants - dams

Rapu Rapu copper mine Philippines

mining - non coal