Banks
Focus banks
Commonwealth Bank
In August, the Commonwealth Bank of Australia declared it has made the decision to no longer provide finance to oil and gas producing companies that don’t have a Paris-aligned transition plan.
JPMorgan Chase
In 2023, JPMorgan Chase ranks #1 as the worst financier of fossil fuels. The bank increased its financing from $38.7 billion in 2022 to $40.8 billion in 2023.
Mizuho Financial Group
Mizuho ranks #2 as the worst financier of fossil fuels. Mizuho increased its financing commitments for all fossil fuels between 2022 and 2023 from $35.4 billion to $37 billion.
UBS
The Swiss National Contact Point for the OECD Guidelines this week accepted a complaint from BankTrack and partners concerning UBS' exposure to US private prison companies.
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