Banks
Focus banks
Bank of America
Quietly weakened its climate policy, rolling back important commitments not to finance Arctic oil and gas, new or expanded coal-fired power plants, and new or expanded thermal coal mines.
Danske Bank
Published a new update to its Position Statement on Fossil Fuels in March 2024, extending its commitments to its asset management division, but with some concerning inconsistencies. See our view here.
ING
Milieudefensie will be launching a lawsuit against the Dutch bank demanding it halves emissions by 2030. New policy commitments from the bank are insufficient to stop such litigation.
Standard Chartered
We have filed a NCP complaint against Standard Chartered for its coal finance in the Philippines and failure to contribute to remedy.
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