BANKS DODGY DEALS CAMPAIGNS
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate
Banks and Human Rights
Banks and Nature
Our projects
Tracking the NZBA
Banks and Conflict Zones
Banks and Steel
Banks and Russia
Tracking the Equator Principles
Tracking the PRBs
Find a Better Bank
Banks and the OECD Guidelines
Media
News Publications Events calendar
Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
BankTrack
About BankTrack Organisation Our team Our board Our annual reports Funding and finances Guiding principles Our history BankTrack in the media Team up with us Our privacy policy Donate Get in touch
Successes Contact BankTrack
Donate Mailing list Instagram Bluesky Linkedin Login
Home › Dodgy Deals ›
Dodgy Deal
BMA AllianceAustralia

Company – Active

This profile is actively maintained
Profile by:
BankTrack
Contact:

Camila Cabanzo Fracasso, Banks and Steel, camila@banktrack.org

Julia Hovenier, Banks and Steel Campaign Lead, julia@banktrack.org

Last update: 2026-04-15 00:00:00
BMA's Peak Downs open-pit coking coal mine in Queensland, Australia. Photo: public license via Wikimedia

Company – Active

This profile is actively maintained
Profile by:
BankTrack
Contact:

Camila Cabanzo Fracasso, Banks and Steel, camila@banktrack.org

Julia Hovenier, Banks and Steel Campaign Lead, julia@banktrack.org

Last update: 2026-04-15 00:00:00
Why this profile?

Why this profile?

BMA is the third-largest driver of metallurgical coal expansion globally. It is currently planning expansions of three of its metallurgical coal mines in Queensland’s Bowen Basin. If approved, these projects would result in up to 90 additional years of coal production and generate an estimated 4,067 million tonnes of CO₂ emissions. BMA’s metallurgical coal expansion plans raise serious questions about the commitment of its parent companies, BHP and Mitsubishi Development, to their 2030 and 2050 net-zero emissions targets.

What must happen

Banks and financial institutions should end finance for BMA and its two parent companies until they halt their metallurgical coal expansion plans.

About
Sectors Coal Mining
Headquarters
Ownership

50% BHP Group 

50% Mitsubishi Development Pty Ltd 

Mitsubishi Development Pty Ltd is a wholly-owned subsidiary of Mitsubishi Corporation

Subsidiaries
Impacts

Impact on human rights and communities

Expanding coal mines may violate human rights standards Queensland is “Australia’s most disaster-prone state” according to the Climate Council, with temperatures already rising beyond 1.5°C due largely to the burning of coal, oil, and gas. Communities are already experiencing the impacts through bushfires, cyclones, severe storms, heatwaves, and ocean degradation. In response, the Queensland Government has committed to cutting emissions 75% below 2005 levels by 2035, reaching net-zero by 2050, and closing all publicly-owned coal mines by 2035. In contrast, BHP has not set a 2035 emissions target, creating a gap in near- to mid-term accountability and potentially undermining these public climate commitments. The Climate Council has warned that Queensland’s targets cannot be met without halting approvals for new and expanded fossil fuel projects. Beyond Queensland, the International Court of Justice stated in July 2025 that every state has an obligation to protect the climate system and environment, as failing to do so would constitute a violation of basic human rights. BMA’s three planned mine expansions are in direct contradiction to this. 

Emissions from coal mine expansions will intensify Queensland’s climate-driven extreme weather events, which may lead to human rights violations. Continued reliance on fossil fuels, and the resulting increase in greenhouse gas emissions, threaten the right to life and the right to live in a safe, clean, healthy, and sustainable environment for present and future generations. 

Human-rights-based litigation challenging coal mine expansions has already succeeded in Queensland. In Waratah Coal Pty Ltd vs Youth Verdict & others, the Queensland Land Court recommended refusing a proposed coal mine lease in the Galilee Basin, finding that its contribution to climate change would unjustifiably limit several human rights under the Human Rights Act 2019. BMA's mine expansion ambitions could face similar litigation risks. 

Image: Local protests against mine expansion in Queensland organised by LocktheGate

Increased risk of health impacts for local communities Recent medical studies have identified elevated risks of severe respiratory and circulatory diseases in communities located near coal mining operations in Queensland, while also noting that the full extent of health impacts remains underdocumented due to gaps in research. 

On the basis of the right to life, the right to live in a safe, clean, healthy, and sustainable environment, and states’ obligations to prevent climate change and limit its harms, Queenslanders should be protected by their government from the risks posed by coal mine expansions, including those proposed by the BMA Alliance.

Indigenous rights may not be fully recognised All BMA's mines and expansion projects are situated in the Bowen Basin, a land traditionally owned by the Barada Barna Aboriginal community. In 2024, BMA signed the Native Title Project Agreement with the Barada Barna Aboriginal Corporation to formally recognise this traditional ownership.

While the Native Title Agreement represents a necessary acknowledgment of Barada Barna land ownership and offers potential economic benefits, it has significant limitations. The agreement provides formal recognition and economic compensation for land use, but does not protect the community from the human and environmental impacts of the mining projects – particularly in Queensland, a state already highly affected by climate change. Existing mines and planned expansion carry long-term human rights risks, including impacts on health, water, cultural heritage, and intergenerational consent. The Native Title Agreement does not recognise, mitigate, or compensate for these risks.


Impact on climate

Locking in unsafe carbon emissions The proposed expansions of BMA’s Peak Downs, Saraji East, and Caval Ridge mines would cumulatively add over four gigatonnes (4,067 million tonnes) of CO₂ emissions to the atmosphere over the remaining lifecycle of the projects once they are fully built and operating at expanded capacity. This is equivalent to over ten years of Australia’s total annual emissions, and would consume 2.4% of the world’s remaining carbon budget. Accordingly, these projects have been deemed “Carbon Bombs”, i.e. they are among the 425 projects with more than 1 gigatonne of potential CO₂ emissions, which are therefore a priority to tackle in order to halt climate change.

Despite the massive climate impact of these three projects, BHP and Mitsubishi have not clarified how the expansions align with their climate strategies. BHP, for example, provides limited detail on how emissions from its metallurgical coal assets are expected to decline over time, particularly in light of the planned mine expansions. Both companies claim they are on track to meet their targets, yet around 80% of the emissions from these expansions are either not counted at all or only minimally included, because they are considered “non-operational.” 

Additionally, BMA’s planned mine expansions pose a significant climate risk not only through CO₂ but also methane emissions. Methane is a far more polluting greenhouse gas than CO₂, and Queensland, as a major coal-producing region, is already heavily affected by methane pollution. Recent satellite analysis indicates that fugitive methane emissions from coal mines in the Bowen Basin may be around 40% higher than official inventories report. This risk could increase with further mine expansions, especially given the lack of transparency in methane reporting and the absence of a clear strategy for limiting emissions. BHP’s 2025 climate plan does not specify the company’s methane emissions and provides only vague guidance on how reductions will be achieved over the medium term.

Neither company has a credible transition plan BHP’s 2025 annual report states that the company is on track to meet its 2030 target of reducing operational (Scope 1 and 2) GHG emissions by 30%. However, BHP’s decarbonisation plan still heavily relies on blast furnace (BF-BOF) technology combined with carbon capture, utilization and storage (CCUS); has allocated a budget of just US$75 million to steel decarbonisation between FY25 and FY29; and does not prioritise EAF or electric smelting technologies. In contrast, BHP continues to invest heavily in fossil fuel operations, reporting US$500 million expended on coal and coal exploration in FY2025. Additionally, the company lacks a medium-term or reliable decarbonisation strategy for its Scope 3 emissions, although these account for 97% of its total emissions. On this basis, as BHP recognises, the achievement of its 2050 net-zero target remains uncertain.

Mitsubishi has also committed to medium- and long-term net-zero goals for Scope 1, 2, and 3 emissions. However, their definition of Scope 3 only includes emissions from investments. They do not include emissions from producing the goods and services they buy, burning the coal they sell, and the use of their products by customers, which is estimated at 93% of their true scope 3 emissions. 

High-quality metallurgical coal: green transition or portfolio greenwashing? BMA presents prioritising higher-quality hard coking coal as both an economic and climate strategy, claiming it reduces emissions intensity in steelmaking. To support this framing, BHP and Mitsubishi cite their divestment of Blackwater and Daunia mines as evidence of a shift toward a lower-emissions portfolio. However, these divestments do not reduce absolute emissions, as both mines continue operating under new owners. As stated by Australasian Centre for Corporate Responsibility​ (ACCR), “Divesting these two mines to a company which does not support the Paris Agreement serves to undermine global efforts to limit warming."

This framing is further undermined by BMA’s planned expansion of remaining metallurgical coal assets, whose projected emissions exceed those of the divested mines. Emphasising higher-quality coal thus reflects portfolio reallocation rather than real emissions reduction, risking portfolio-level greenwashing.

Reliance on false solutions in steel decarbonisation BHP and Mitsubishi have justified their continued metallurgical coal operations on the expectation that steel industry customers will keep relying on technological solutions such as CCUS, rather than transitioning away from coal.. Under BankTrack’s False Solutions Tracker, these qualify as false climate solutions, as they risk fossil fuel lock-in and environmental damage.

False steel decarbonisation solutions like CCUS are not only a climate risk but also a poor investment. CCUS costs remain high after 40 years, while performance and returns have historically underperformed. In 2023, CCUS captured only 0.2% of global emissions, of which just 2% from the steel sector. Globally, there are only 41 commercial-scale CCUS projects in operation, most in early development, and many may never reach commercial operation. According to ACCR, BHP's heavy reliance on CCUS downplays the transition risks and does not provide investors a clear assessment of portfolio robustness. 

Despite this, BHP and Mitsubishi continue to promote CCUS as a reliable decarbonisation strategy, even though investments in proven solutions like green hydrogen would be more effective. Globally, projected CO₂ capture in steel has been revised down from 670 Mt in 2021 to 399 Mt in 2024, while hydrogen-based steelmaking is expected to rise from 29% to 44%. Experts expect CCUS to play an even smaller role in future decarbonisation, with hydrogen and other proven solutions leading the way.


Impact on nature and environment

Deforestation and destruction of koala, greater glider and turtle habitat  WWF's 2021 report on global deforestation hotspots finds that nearly half of eastern Australia’s original forest cover has been lost. As a result, more than 700 native plant and animal species are currently threatened. The report attributes Australia’s high deforestation rates not only to land clearing for agriculture, but also to mining, transport infrastructure, and urban expansion. These findings are reinforced by Australia’s State of the Environment report, which identifies Australia as the continent with the highest mammal extinction rate globally. This loss is driven by climate change related disasters, such as rising temperatures, droughts, and bushfires, as well as the large-scale deforestation of thousands of hectares for industrial activities, including coal mining.

BMA’s three coal mine expansion projects contribute directly to this deforestation trend and pose significant risks to protected species, including koalas and greater gliders. According to the Lock the Gate Coal Mine Tracker, the Peak Downs mine expansion would clear 2,108 hectares of koala habitat, roughly the size of a small town. The Saraji East and Gregory projects would clear a further 1,160 hectares of koala habitat and 748 hectares of greater glider habitat. The Caval Ridge project would primarily affect squatter pigeons, ornamental snake species, and the king bluegrass flora. Its water use may also impact turtle habitats. BMA’s own preliminary assessments acknowledge the potential endangerment of these protected species if the projects proceed.

Threats to water Mining, particularly open-pit mining, can cause significant water contamination due to the large volumes of sediment it generates. As land and rock are excavated, residual material can be washed into nearby rivers and creeks, carrying pollutants and chemicals that degrade water quality, harm vegetation, and disrupt ecosystems. Open-cut coal mines such as BMA’s Peak Downs therefore pose material risks to local water security.

In 2019, BMA was fined US$200,000 for the unauthorised and uncontrolled release of mine‑affected water containing about 3,000 tonnes of silt and sediment into the Isaac River from its Goonyella site in central Queensland in 2017, causing environmental harm. More recently, the Lock the Gate revealed, based on documents obtained under right-to-information legislation, that further unauthorised sediment releases occurred at the nearby Blackwater Coal Mine over more than a decade, up to at least 2022, with runoff from the site entering creeks in the Fitzroy River Basin. The compliance report, accessed by Lock the Gate, indicated that BHP Coal, which held the environmental approvals for the BMA mine, was likely aware of the unauthorised sediment releases and implemented only temporary and insufficient measures to prevent further releases following two formal warnings issued in 2022 by Queensland’s Environment Department.

Financiers

BMA is a 50:50 joint venture owned and funded by BHP Group Limited and Mitsubishi Development Pty Ltd (a subsidiary of Mitsubishi Corporation). BMA does not issue project‑specific debt or loans. Its operations are financed through the equity contributions and cash flows of its two parent companies. There is no publicly disclosed standalone debt for the joint venture itself or any of its assets. 

Banks and financial institutions that provide debt, loans, or underwriting to BHP and Mitsubishi Corporation include major global lenders that have historically financed mining and metallurgical coal companies, such as Mitsubishi UFJ Financial Group, Mizuho Financial Group, Bank of America, Citigroup, HSBC, Barclays, and BNP Paribas. These banks, together with the institutional shareholders of the parent companies (BHP shareholders list, Mitsubishi shareholders list) indirectly support BMA’s capital base through equity.

Institution type
Finance type
Year
Projects
There are no active project profiles for BMA Alliance now.

Woodside Petroleum’s gas refinery

Australia
Project
On record
Oil and Gas Extraction

Woodside Petroleum’s gas refinery

Australia

Great Barrier Reef Coal & Gas Exports

Australia
Project
On record
Coal Mining | Oil and Gas Extraction | Fossil Fuels Bulk Stations and Terminals

Great Barrier Reef Coal & Gas Exports

Australia

IndoMet Coal Project

Indonesia
Project
On record
Coal Mining

IndoMet Coal Project

Indonesia
Governance
Bank policies
Norms & standards
The following bank investment policies apply to BMA Alliance:
BNP Paribas
2021-05-03 00:00:00

Policy on biodiversity

Bank policy
2021-05-03 00:00:00 | BNP Paribas
2024-07-01 00:00:00

Statement on Human Rights

Bank policy
2024-07-01 00:00:00 | BNP PARIBAS
2023-11-22 00:00:00

Sector Policy - Mining

Bank policy
2023-11-22 00:00:00 | BNP Paribas
2024-11-24 00:00:00

Responsible Business Conduct Policy

Bank policy
2024-11-24 00:00:00 | BNP Paribas Asset Management
2023-02-22 00:00:00

Sector Policy - Coal-fired power generation

Bank policy
2023-02-22 00:00:00 | BNP Paribas
2021-05-02 00:00:00

BNP Paribas’s individual commitments to Act4nature international

Bank policy
2021-05-02 00:00:00 | BNP Paribas
2025-04-30 00:00:00

Goods exclusion list

Bank policy
2025-04-30 00:00:00 | BNP Paribas
Bank of America
2023-12-31 00:00:00

Environmental and Social Risk Policy (ESRP) Framework

Bank policy
2023-12-31 00:00:00 | Bank of America
2024-08-07 00:00:00

Human Rights Statement

Bank policy
2024-08-07 00:00:00 | Bank of America
2024-06-26 00:00:00

Modern Slavery Statement

Bank policy
2024-06-26 00:00:00 | Bank of America
Morgan Stanley
2024-09-01 00:00:00

Environmental and Social Policy Statement

Bank policy
2024-09-01 00:00:00 | Morgan Stanley
2024-05-07 00:00:00

Human Rights Statement

Bank policy
2024-05-07 00:00:00 | Morgan Stanley
2024-04-24 00:00:00

Modern Slavery and Human Trafficking Statement 2023

Bank policy
2024-04-24 00:00:00 | Morgan Stanley
2025-10-10 00:00:00

Analyzing Portfolio Dependencies and Impacts on Nature

Bank policy
2025-10-10 00:00:00 | Morgan Stanley
2024-12-31 00:00:00

Sustainable Investing Policy

Bank policy
2024-12-31 00:00:00 | Morgan Stanley
JPMorgan Chase
2020-10-06 00:00:00

Paris-aligned financing commitment

Bank policy
2020-10-06 00:00:00 | JPMorgan Chase
2021-10-08 00:00:00

Environmental and social policy framework

Bank policy
2021-10-08 00:00:00 | JPMorgan Chase
2021-12-31 00:00:00

Modern slavery and human trafficking statement

Bank policy
2021-12-31 00:00:00 | JPMorgan Chase
2022-12-22 00:00:00

2022 Climate Report

Bank policy
2022-12-22 00:00:00 | JPMorgan Chase
2024-02-13 00:00:00

Human rights

Date listed represents date as accessed on website
Bank policy
2024-02-13 00:00:00 | JPMorgan Chase
2024-04-16 00:00:00

Our approach to our sustainable development target

Bank policy
2024-04-16 00:00:00 | JPMorgan Chase
Citi
2023-03-02 00:00:00

Taskforce on Climate-Related Financial Disclosures Report 2022

Bank policy
2023-03-02 00:00:00 | Citi
2024-04-05 00:00:00

Citi: Respecting the Rights of Indigenous Peoples

Bank policy
2024-04-05 00:00:00 | Citi
2023-01-01 00:00:00

Modern Slavery Act Statement

Bank policy
2023-01-01 00:00:00 | Citi
2025-01-15 00:00:00

Statement on Human Rights

Bank policy
2025-01-15 00:00:00 | Citi
2021-07-31 00:00:00

Biodiversity - Global Perspectives & Solutions

Bank policy
2021-07-31 00:00:00 | Citi
2024-11-30 00:00:00

Nature Sustainability’s Next Frontier - Global Perspectives & Solutions

Bank policy
2024-11-30 00:00:00 | Citi
Mizuho Financial Group
2025-03-01 00:00:00

Overview of Environmental and Social Management Policy for Financial Activities

Bank policy
2025-03-01 00:00:00 | Mizuho Financial Group
2025-05-30 00:00:00

Green Bond Framework

Bank policy
2025-05-30 00:00:00 | Mizuho Financial Group
2025-10-13 00:00:00

Natural Capital and Biodiversity

date listed represents date as accessed on website
Bank policy
2025-10-13 00:00:00 | Mizuho
2025-10-13 00:00:00

Responsible financing and investment

date listed represents date as accessed on website
Bank policy
2025-10-13 00:00:00 | Mizuho
2023-09-27 00:00:00

Human Rights Policy

Bank policy
2023-09-27 00:00:00 | Mizuho Financial Group
Sumitomo Mitsui Financial Group
2022-03-31 00:00:00

Modern Slavery Statement

Bank policy
2022-03-31 00:00:00 | SMBC
2022-09-28 00:00:00

Group Environmental and Social Framework

Bank policy
2022-09-28 00:00:00 | SMBC
2023-05-24 00:00:00

Transition Finance Playbook

Document outlines SMBC Group’s definition of and approach towards transition finance
Bank policy
2023-05-24 00:00:00 | Sumitomo Mitsui Financial Group
2023-05-15 00:00:00

Strengthening efforts against climate change

Report over progress in advancement of climate change response
Bank policy
2023-05-15 00:00:00 | Sumitomo Mitsui Financial Group
2023-01-31 00:00:00

Policies for integration of sustainability risks into our investment process and consideration of principal adverse environmental and social impacts

Bank policy
2023-01-31 00:00:00 | Sumitomo Mitsui DS Asset Management
2023-07-31 00:00:00

Statement on Principal Adverse Impacts of Investment Decisions on Sustainability Factors

Bank policy
2023-07-31 00:00:00 | Sumitomo Mitsui DS Asset Management
2025-10-14 00:00:00

Response to climate change

date listed represents date as accessed on website
Bank policy
2025-10-14 00:00:00 | SMFG
2025-04-01 00:00:00

Statement on Human Rights

Bank policy
2025-04-01 00:00:00 | SMFG
Mitsubishi UFJ Financial Group (MUFG)
2024-04-01 00:00:00

Code of Conduct

Bank policy
2024-04-01 00:00:00 | Mitsubishi UFJ Financial Group (MUFG)
2024-04-01 00:00:00

Human Rights Policy Statement

Bank policy
2024-04-01 00:00:00 | Mitsubishi UFJ Financial Group
2024-08-01 00:00:00

Environmental Policy Statement

Bank policy
2024-08-01 00:00:00 | Mitsubishi UFJ Financial Group
2023-09-01 00:00:00

Revision of the Environmental and Social Policy Framework

Bank policy
2023-09-01 00:00:00 | Mitsubishi UFJ Financial Group
2024-08-01 00:00:00

Sustainable Finance Framework

Bank policy
2024-08-01 00:00:00 | MUFG
2025-09-12 00:00:00

Natural Capital and Biodiversity

(Disclosure based on the TNFD framework)
Bank policy
2025-09-12 00:00:00 | MUFG
China Construction Bank
2019-06-11 00:00:00

Modern Slavery Statement

Bank policy
2019-06-11 00:00:00 | China Construction Bank
2021-07-22 00:00:00

Guidelines on environmental information disclosure for financial institutions

Bank policy
2021-07-22 00:00:00 | People's Bank of China
2021-04-01 00:00:00

Green, Social, Sustainability and Sustainability-Linked (“GSSS”) Bond Framework

Bank policy
2021-04-01 00:00:00 | China Construction Bank
2021-11-11 00:00:00

Credit Policies on Biodiversity Conservation

Bank policy
2021-11-11 00:00:00 | China Construction Bank
National Australia Bank (NAB)
2024-10-07 00:00:00

Risk policy settings for fossil fuels

Bank policy
2024-10-07 00:00:00 | National Bank of Australia
2023-11-06 00:00:00

Modern Slavery and Human Trafficking Statement

Bank policy
2023-11-06 00:00:00 | National Australia Bank
2025-09-30 00:00:00

Human rights policy

Bank policy
2025-09-30 00:00:00 | NAB
2024-05-31 00:00:00

Responsible Investment Policy

Bank policy
2024-05-31 00:00:00 | JBWere (NAB subsidiary)
2022-06-30 00:00:00

Environmental management policy

out of date
Bank policy
2022-06-30 00:00:00 | NAB
2025-08-31 00:00:00

Group Environmental Management policy

Bank policy
2025-08-31 00:00:00 | NAB
Westpac
2022-07-29 00:00:00

Net-Zero 2030 Targets

Bank policy
2022-07-29 00:00:00 | Westpac
2023-11-30 00:00:00

Natural capital position statement

Bank policy
2023-11-30 00:00:00 | Westpac
2024-10-31 00:00:00

Human Rights Position Statement and Action Plan

Bank policy
2024-10-31 00:00:00 | Westpac
2024-11-30 00:00:00

Risk factors

Bank policy
2024-11-30 00:00:00 | Westpac
2025-06-01 00:00:00

Climate change position and action plan

Bank policy
2025-06-01 00:00:00 | Westpac
2024-08-16 00:00:00

Sustainable finance framework

Bank policy
2024-08-16 00:00:00 | Westpac
UBS
2021-05-26 00:00:00

Climate strategy

Bank policy
2021-05-26 00:00:00 | UBS
2022-06-23 00:00:00

Modern slavery and human trafficking statement

Bank policy
2022-06-23 00:00:00 | UBS
2022-08-01 00:00:00

Green Funding Framework

Bank policy
2022-08-01 00:00:00 | UBS
2024-09-20 00:00:00

Human rights statement

Bank policy
2024-09-20 00:00:00 | UBS
2026-03-09 00:00:00

Sustainability and climate risk policy framework

Bank policy
2026-03-09 00:00:00 | UBS
2025-03-31 00:00:00

Sustainability Exclusion Policy

Bank policy
2025-03-31 00:00:00 | UBS Asset Management
Industrial and Commercial Bank of China (ICBC)
2021-07-22 00:00:00

Guidelines on environmental information disclosure for financial institutions

Bank policy
2021-07-22 00:00:00 | People's Bank of China
Crédit Agricole
2024-04-18 00:00:00

CSR Sector policy Thermal Coal

Bank policy
2024-04-18 00:00:00 | Crédit Agricole
2024-04-18 00:00:00

CSR Sector Policy Metals and Mining

Bank policy
2024-04-18 00:00:00 | Crédit Agricole
2024-04-30 00:00:00

Human Trafficking and Modern Slavery Statement

Bank policy
2024-04-30 00:00:00 | Crédit Agricole
2024-11-14 00:00:00

Group CSR sector policy Oil & Gas

Bank policy
2024-11-14 00:00:00 | Crédit Agricole
2009-12-15 00:00:00

Human Rights Charter

Bank policy
2009-12-15 00:00:00 | Crédit Agricole
2024-12-31 00:00:00

Group CSR sector policy - Deforestation and ecosystem conversion

Bank policy
2024-12-31 00:00:00 | Crédit Agricole
2023-09-30 00:00:00

Statement on biodiversity and natural capital

Bank policy
2023-09-30 00:00:00 | Crédit Agricole
2025-02-03 00:00:00

Destination 2050 - Climate transition plan

Bank policy
2025-02-03 00:00:00 | Crédit Agricole
2025-04-04 00:00:00

ESG at Crédit Agricole

Bank policy
2025-04-04 00:00:00 | Crédit Agricole
2025-11-18 00:00:00

Crédit Agricole S.A. unveils its strategic plan ACT 2028

Bank policy
2025-11-18 00:00:00 | Crédit Agricole
Canadian Imperial Bank of Commerce (CIBC)
2020-03-01 00:00:00

Green bond framework

Bank policy
2020-03-01 00:00:00 | CIBC
2022-04-21 00:00:00

Human rights policy

Bank policy
2022-04-21 00:00:00 | CIBC
2023-01-18 00:00:00

Responsible investing policy

Bank policy
2023-01-18 00:00:00 | CIBC
2024-01-04 00:00:00

Corporate Environmental Policy

Bank policy
2024-01-04 00:00:00 | CIBC
Bank of China
2021-07-22 00:00:00

Guidelines on environmental information disclosure for financial institutions

Bank policy
2021-07-22 00:00:00 | People's Bank of China
2021-09-14 00:00:00

Environmental and social responsibilities

Bank policy
2021-09-14 00:00:00 | Bank of China
2021-11-08 00:00:00

Sustainability Policy

Bank policy
2021-11-08 00:00:00 | Bank of China Hong Kong
ANZ
2024-02-22 00:00:00

Modern Slavery Statement 2023

Bank policy
2024-02-22 00:00:00 | ANZ
2023-11-10 00:00:00

ESG supplement 2023

Bank policy
2023-11-10 00:00:00 | ANZ
2024-11-06 00:00:00

SDG Bond Framework

Bank policy
2024-11-06 00:00:00 | ANZ
2025-05-29 00:00:00

Information about ANZ’s policy on the extractives industry

Bank policy
2025-05-29 00:00:00 | ANZ
2025-05-29 00:00:00

Information about ANZ’s policy on the energy industry

Bank policy
2025-05-29 00:00:00 | ANZ
2025-05-31 00:00:00

Information about ANZ’s policy on land and forest management

Bank policy
2025-05-31 00:00:00 | ANZ
2025-05-31 00:00:00

Information about ANZ’s policy on water management

Bank policy
2025-05-31 00:00:00 | ANZ
2025-05-31 00:00:00

Information about ANZ’s Social and Environmental Risk Policy and Standard

Bank policy
2025-05-31 00:00:00 | ANZ
2025-03-04 00:00:00

Responsible Investment Framework

Bank policy
2025-03-04 00:00:00 | ANZ Investments
Scotiabank
2021-11-02 00:00:00

Global human rights statement

Bank policy
2021-11-02 00:00:00 | Scotiabank
2021-04-30 00:00:00

Statement on financing coal

Bank policy
2021-04-30 00:00:00 | Scotiabank
2022-02-28 00:00:00

Net Zero pathways report

Bank policy
2022-02-28 00:00:00 | Scotiabank
2010-04-30 00:00:00

Environmental policy

Bank policy
2010-04-30 00:00:00 | Scotiabank
2024-01-31 00:00:00

Modern Slavery Statement 2023

Bank policy
2024-01-31 00:00:00 | Scotiabank
2023-11-01 00:00:00

Supplier Code of Conduct

Bank policy
2023-11-01 00:00:00 | Scotiabank
2024-04-08 00:00:00

Sustainable issuance framework

Bank policy
2024-04-08 00:00:00 | Scotiabank
2024-10-31 00:00:00

Nature-related Sustainability Policies for Non-Retail Lending

Bank policy
2024-10-31 00:00:00 | Scotiabank
2024-11-30 00:00:00

Overview of Environmental, Social and Governance (ESG) Risk Management Framework

Bank policy
2024-11-30 00:00:00 | Scotiabank
Goldman Sachs
2022-03-30 00:00:00

Corporate Social Responsibility Policy

Bank policy
2022-03-30 00:00:00 | Goldman Sachs
2024-06-28 00:00:00

Environmental & Social Due Diligence Guidelines

Bank policy
2024-06-28 00:00:00 | Goldman Sachs
Deutsche Bank
2020-07-27 00:00:00

Deutsche Bank to end global business activities in coal mining by 2025

Bank policy
2020-07-27 00:00:00 | Deutsche Bank
2023-02-28 00:00:00

Statement on human rights

Bank policy
2023-02-28 00:00:00 | Deutsche Bank
2021-12-01 00:00:00

Suppliers' Code of Conduct

Bank policy
2021-12-01 00:00:00 | Deutsche Bank
2025-03-14 00:00:00

Environmental and Social Policy Framework

Bank policy
2025-03-14 00:00:00 | Deutsche Bank
2025-01-31 00:00:00

Summary Framework on Environmental and Social Due Diligence

Bank policy
2025-01-31 00:00:00 | Deutsche Bank
2025-11-13 00:00:00

Transition Finance Framework

Bank policy
2025-11-13 00:00:00 | Deutsche Bank
2026-01-14 00:00:00

Sustainable Finance Framework

Bank policy
2026-01-14 00:00:00 | Deutsche Bank
Banco Santander
2020-07-20 00:00:00

Human rights policy

Bank policy
2020-07-20 00:00:00 | Banco Santander
2020-01-21 00:00:00

Mining & metals sector policy

Bank policy
2020-01-21 00:00:00 | Banco Santander
2023-06-20 00:00:00

Green, Social & Sustainability Funding Global Framework

Bank policy
2023-06-20 00:00:00 | Banco Santander
2025-07-03 00:00:00

Environmental, Social & Climate Change Risk Management Policy

Bank policy
2025-07-03 00:00:00 | Banco Santander
2025-04-03 00:00:00

Responsible banking and sustainability policy

Bank policy
2025-04-03 00:00:00 | Banco Santander
Barclays
2024-02-09 00:00:00

Climate change statement

Bank policy
2024-02-09 00:00:00 | Barclays
2024-02-08 00:00:00

Transition Finance Framework

Bank policy
2024-02-08 00:00:00 | Barclays
2024-02-20 00:00:00

Statement on Human Rights

Bank policy
2024-02-20 00:00:00 | Barclays
2024-02-19 00:00:00

Statement on Modern Slavery

Bank policy
2024-02-19 00:00:00 | Barclays
2024-07-15 00:00:00

Code of Conduct

Bank policy
2024-07-15 00:00:00 | Barclays
2023-10-16 00:00:00

Suppliers' Code of Conduct

Bank policy
2023-10-16 00:00:00 | Barclays
2025-02-11 00:00:00

Sustainable Finance Framework 2025

Bank policy
2025-02-11 00:00:00 | Barclays
2025-07-29 00:00:00

Transition update

Bank policy
2025-07-29 00:00:00 | Barclays
2025-02-28 00:00:00

Protected areas statement

Bank policy
2025-02-28 00:00:00 | Barclays

Applicable norms and standards

Act4nature international
Alliance for responsible mining
International Coral Reef Initiative
International Council on Mining and Metals
International Council on Mining and Minerals (ICMM)- 10 Principles
Kyoto Protocol
National Carbon Offset Standard
Net-Zero Banking Alliance (NZBA)
Principles for Responsible Banking (PRB)
Principles for Responsible Investment (PRI)
Principles of Sustainable Banking
Sustainable Steel Principles
The Paris Agreement
United Nations Declaration on the Rights of Indigenous Peoples
Universal Declaration of Human Rights
WWF Guidelines for Investment in Operations that Impact Forests
Zero environmentally hazardous discharges standard
News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

The banks behind Australia’s metallurgical coal boom

New Dodgy Deal profile reveals coal developer BMAs largest financiers
2026-04-22 | BankTrack
private BankTrack news BankTrack blog Partner news Partner blog

Public kept in dark as BHP polluted sensitive QLD environment for up to 15 years

2026-04-15 | LocktheGate
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks risk burning forests & fossil fuels for “green” steel

New research finds that banks' guidelines for green finance lack much needed clarity on steel decarbonisation, and often include environmentally and socially harmful solutions.
2026-02-11 | Nijmegen | BankTrack
Resources
Documents
Links
2026-04-15 00:00:00

ACCR Analysis: BHP's 2024 Climate Transition Action Plan

Partner publication
2026-04-15 00:00:00 | ACCR
2026-04-15 00:00:00

SteelWatch Sunsetting Coal in Steel

Partner publication
2026-04-15 00:00:00 | SteelWatch
2026-04-15 00:00:00

International Court of Justice Obligations of States in respect of Climate Change

Other document
2026-04-15 00:00:00 | International Court of Justice
2026-04-15 00:00:00

Global Coal Exit List 2025

Partner publication
2026-04-15 00:00:00 | Urgewald
2026-04-15 00:00:00

Financing False Solutions in Steel Decarbonisation

How global banks define green steel and why it matters
BankTrack publication
2026-04-15 00:00:00 | BankTrack
2026-04-15 00:00:00

Statement of reasons for approval of the Caval Ridge Mine Horse Pit Extension

under the Environment Protection and Biodiversity Conservation Act 1999
Other document
2026-04-15 00:00:00 | Australian Government
2026-04-15 00:00:00

Saraji East Mining Lease Project

Company document
2026-04-15 00:00:00 | BMA
2026-04-15 00:00:00

Peak Downs Mine Continuation Project

Initial Advice Statement
Company document
2026-04-15 00:00:00 | BMA Alliance
2026-04-15 00:00:00

Mitsubishi ESG Data 2025

Annual report
2026-04-15 00:00:00 | Mitsubishi
2026-04-15 00:00:00

Mitsubishi Sustainability Report 2025

Company document
2026-04-15 00:00:00 | Mitsubishi
2026-04-15 00:00:00

Mitsubishi Financial Results for the Fiscal Year Ended March 31, 2025

Annual report
2026-04-15 00:00:00 | Mitsubishi
2026-04-15 00:00:00

BHP GHG Emissions Calculation Methodology 2025

Annual report
2026-04-15 00:00:00 | BHP
2026-04-15 00:00:00

BHP Climate Transition Action Plan 2024

Company document
2026-04-15 00:00:00 | BHP
2026-04-15 00:00:00

BHP ESG Standards and Databook 2025

Company document
2026-04-15 00:00:00 | BHP
2026-04-15 00:00:00

BHP Operational review for the quarter ended 30 September 2025

Company document
2026-04-15 00:00:00
2026-04-15 00:00:00

BHP Financial results for the half year ended 31 December 2025

Company document
2026-04-15 00:00:00 | BHP
2026-04-15 00:00:00

BHP Billiton Metallurgical Coal Briefing

Company document
2026-04-15 00:00:00 | BHP
2026-04-15 00:00:00

BHP Annual Report 2025

Annual report
2026-04-15 00:00:00 | BHP

Peak Downs Mine Continuation Project

Queensland Government

Mitsubishi Roadmap to a Carbon Neutral Society

Australia Institute Coal Mine Tracker

Carbon Bombs Map

Send feedback on this profile
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate Banks and Human Rights Banks and Nature
Our projects
Tracking the NZBA Banks and Conflict Zones Banks and Steel Banks and Russia Tracking the Equator Principles Tracking the PRBs Find a Better Bank Banks and the OECD Guidelines
Media
News Publications Events calendar
Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
BankTrack
About BankTrack Organisation Our team Our board Our annual reports Funding and finances Guiding principles Our history BankTrack in the media Team up with us Our privacy policy Donate Get in touch
Successes Contact BankTrack
Nijmegen
The Netherlands
Contact us
Donate Mailing list Instagram Bluesky Linkedin
© BankTrack
BankTrack is a registered charity in the Netherlands (ANBI) - RSIN 813874658
Find our privacy policy here

To make BankTrack.org work, we place cookies on your device. You can accept all cookies, or decline optional cookies that enable us to show social media content, embedded content and track user analytics and Google ad campaigns. Read our privacy policy for a full disclosure of how we collect data and use cookies.

Stay up to date

Sign up now for all BankTrack's news


Make a comment

Your comment will be reviewed, before being posted