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International CSOs call on banks to rule out finance for controversial Indian steel and coal project

Of 22 financiers of JSW Steel, none committed not to finance the much-opposed Utkal Steel project in Odisha
2025-03-13 | BankTrack
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Raiffeisen Bank International subsidiary still invested in sanctioned Russian entities, find BankTrack and B4Ukraine

Austrian banking group’s Russian asset manager holds mutual funds with investments in Sberbank, Gazprom, government bonds
2025-03-12 | BankTrack, B4Ukraine
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The new Finance Roadmap agreed at the Rome biodiversity summit calls for a major shift towards ethical banking

Mobilising US$200B annually can be a game changer for nature. But safeguarding the future of life on Earth requires wider financial reforms
BankTrack blog
2025-03-11 | BankTrack
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Wells Fargo becomes first major US bank to abandon its net-zero commitment

Sierra Club calls move cowardly and shortsighted
2025-02-28 | San Francisco | Sierra Club
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Bank policy scan: HSBC is backtracking on its climate commitments

HSBC not only has not improved its policies, but it has introduced new elements that jeopardise the already limited ambition of its previous commitments.
2025-02-24 | Nijmegen | BankTrack
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PLN is keeping Indonesia dependent on coal

Indonesia’s largest utility company continues to invest in fossil fuel expansion as major financial institutions keep bankrolling projects
Partner blog
2025-02-18 | Apekshita Varshney - Eko, Novita Indri - Trend Asia
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New report: "At Great Cost: The companies building nuclear weapons and their financiers”

2025-02-18 | ICAN, PAX
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Seven underwriters of “war bonds” instrumental in enabling Israel’s assault on Gaza, new research finds

Banks have underwritten Israeli government-issued bonds to the value of $19.4 billion since October 7th, 2023
2025-02-14 | BankTrack, PAX, Profundo
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Campaigners target ING in Valentine’s Day themed actions in nine countries

Global Day of Action asks Dutch banking giant to “stop breaking our hearts”
2025-02-13 | Amsterdam, The Netherlands | BankTrack
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Upcoming events
Mar25

Debate: The state of the European steel transition

E3G, BFF and partners are launching "The State of the European Steel Transition" on 25 March from 10am to 1pm. Join us in person or online at the Press Club in Brussels.
Tue Mar 25 2025 10:00 AM (UTC+1) Press Club Bruxelles Europe, Belgium Meet up Webinar
Mar26

Raiffeisen Bank International AGM

The annual general meeting of Austria's RBI
Wed Mar 26 2025 12:00 AM - 6:00 PM (UTC+1) Vienna, Austria AGM
Mar28

Climate case summons delivered to ING

On March 28th at 10:00, Milieudefensie and co-plaintiffs will jointly deliver the summons to ING.
Fri Mar 28 2025 10:00 AM (UTC+1) Amsterdam, Netherlands Action
All events
Spotlight
Target Dodgy Deals

JSW Utkal Steel plant and captive coal power station

India | project

Simandou Iron Ore Project

Guinea | project

ArcelorMittal

Luxembourg | company

Mozambique LNG

Mozambique | project
All Dodgy Deals
Focus banks

Raiffeisen Bank International

Austria

In March, an investigation by BankTrack and B4Ukraine showed that a Russian Raiffeisen subsidiary continued to invest in several sanctioned Russian entities, including Sberbank, Gazprom, and the Russian Ministry of Finance.

ING

Netherlands

In February, campaigners in nine countries held a Valentine's themed Day of Action demanding the bank take urgent steps on climate and human rights.

Goldman Sachs

United States

Research released in February shows Goldman is by far the largest underwriter of Israeli government "war bonds" since October 2023, raising questions regarding possible complicity in war crimes.  

Swedbank

Sweden

After protests from thousands of Swedish bank clients, Swedbank has almost completely stopped new loans to fossil fuel companies, the new Banking on Thin Ice report shows.

All banks
Latest publications
Burning the Bridge
2024-12-11 00:00:00 | BankTrack, B4Ukraine
The BankTrack Global Human Rights Benchmark 2024
2024-11-27 00:00:00 | BankTrack
Banking on biodiversity collapse 2024
2024-10-16 00:00:00 | Forest and Finance Coalition
Banking on climate chaos 2024
2024-05-13 00:00:00 | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance & Sierra Club
All publications

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