Active
This profile is actively maintainedActive
This profile is actively maintainedWebsite | https://www.gov.uk/government/organisations/uk-export-finance |
Headquarters |
1 Horse Guards Road
SW1A 2HQ London
United Kingdom
|
CEO/chair |
Tim Reid CEO |
Supervisor |
|
Ownership |
UK Export Finance is a ministerial department of the UK Government and as such publicly accountable. |
UK Export Finance is the operating name of the Export Credits Guarantee Department (ECGD), the United Kingdom's export credit agency and a ministerial department of the UK government. The agency was established in 1919 to promote UK exports lost during the submarine blockade of World War I. UK Export Finance helps UK companies to access export finance. The agency derives its powers from the Export and Investment Guarantees Act 1991 and undertakes its activities in accordance with a specific consent from HM Treasury. UK Export Finance signed the Equator Principles in 2016.
UKEF's most important sustainability commitments can be found at the website sections listed below.
UK Export Finance 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 UK Export Finance's link to these deals.
UK Export Finance operates a complaints procedure, which can be accessed here.
UK Export Finance 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 UK Export Finance'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".
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