Banks
Focus banks
Banco Santander
In May, a major Global Witness investigation found Santander financed major South American deforester Cresud, despite net zero pledges.
KCB Bank
Kenya's KCB committed $200 million to the East African Crude Oil Pipeline (EACOP). When 11 peaceful activists attempted to deliver a letter about this, they were lured into a basement where they were ambushed and arrested on false charges.
Standard Chartered
Held its AGM in early May, where campaigners called on the bank to set a robust energy transition plan and end finance for destructive projects in Mozambique & the Philippines. Read the AGM report here.
Sumitomo Mitsui Financial Group
A new report exposes SMBC's support for coal and fossil energy projects in Bangladesh. On World Otter Day, Market Forces highlighted the bank's continued fossil finance - bad news for nature, otters included.