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Crédit AgricoleFrance

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Last update: 2024-10-07 17:26:55
Credit Agricole headquarters at Campus Evergreen, Paris. Photo: Luc Bernard via Wikimedia Commons (CC-BY-SA 3.0)

Active

This profile is actively maintained
Last update: 2024-10-07 17:26:55
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About
Website http://www.credit-agricole.com/en
Headquarters
114, avenue de la République
92120 Montrouge
France
CEO/chair Philippe Brassac
CEO
Supervisor
Banque de France
Ownership
listed on NYSE

Crédit Agricole is majority-owned by 39 French Caisses Régionales de Crédit Agricole Mutuel.

The Crédit Agricole Group, founded in 1894, is a unified but decentralised group consisting of 39 regional banks, Crédit Agricole S.A. and many subsidiaries. It includes Crédit Agricole, a semi co-operative retail bank, being majority owned by 39 French Caisses Régionales de Crédit Agricole Mutuel as well as investment bank Crédit Agricole CIB, the former Calyon. For a full overview of all entities under the group see here. 

[This profile covers both Crédit Agricole and Crédit Agricole CIB].

Sustainability
Commitments
Policies
Voluntary standards

Crédit Agricole's most important sustainability commitments can be found at the website sections listed below.

Links

CSR sector policies

Crédit Agricole CIB - Sector policies

Human Trafficking and Modern Slavery Statement

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

CSR Sector policy Thermal Coal

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

CSR Sector Policy Metals and Mining

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

CSR Sector Policy - Oil and gas sector

Bank policy
2024-03-15 00:00:00 | Crédit Agricole

Crédit Agricole accelerates its climate commitments

Bank policy
2023-12-14 00:00:00 | Crédit Agricole

CSR policy

Bank policy
2023-10-31 00:00:00 | Crédit Agricole CIB

Sector policy - aviation

Bank policy
2022-12-31 00:00:00 | Crédit Agricole

Sector policy - Nuclear plants and fuel cycle facilities

Bank policy
2022-11-30 00:00:00 | Crédit Agricole CIB

Sector policy - automotive

Bank policy
2022-11-30 00:00:00 | Crédit Agricole CIB

Modern slavery and human trafficking statement

Bank policy
2022-05-24 00:00:00 | Crédit Agricole

Sector policy - Shale oil and gas

Bank policy
2022-01-31 00:00:00 | Crédit Agricole CIB

Sector policy - shipping

Bank policy
2021-10-21 00:00:00 | Crédit Agricole CIB

Climate Strategy

English document
Bank policy
2020-10-01 00:00:00 | Crédit Agricole

Anti-corruption policy

Date listed represents date as accessed on website
Bank policy
2020-07-15 00:00:00 | Crédit Agricole

CSR sector policy coal-fired power plants

Bank policy
2020-03-31 00:00:00 | Crédit Agricole

CSR Sector Policy - Transport infrastructure

Bank policy
2020-03-31 00:00:00 | Crédit Agricole

Statement on tackling modern slavery and human trafficking

Bank policy
2018-08-01 00:00:00 | Crédit Agricole CIB

Climate commitments

Bank policy
2018-04-23 00:00:00 | Crédit Agricole

Policy statement new commitments on climate financing

Bank policy
2017-12-07 00:00:00 | Crédit Agricole

Statement on Modern Slavery and Human Trafficking

Bank policy
2017-01-31 00:00:00 | Credit Agricole

CSR Sector Policy - Coal-fired power plants

Bank policy
2016-11-01 00:00:00 | Crédit Agricole CIB

CSR sector policy - real estate

Bank policy
2015-12-31 00:00:00 | Crédit Agricole CIB

CSR Sector Policy - Forestry & Palm Oil

Bank policy
2015-12-02 00:00:00 | Crédit Agricole CIB

Arms and defense sector policy

Bank policy
2014-07-29 00:00:00 | Crédit Agricole

CSR Sector Policy - Hydropower

Bank policy
2012-12-20 00:00:00 | Crédit Agricole CIB
Crédit Agricole has committed itself to the following voluntary standards:
Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions
Collective Commitment to Climate Action (CCCA)Tags: climate change | corporate social responsibility | United Nations
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
Extractive Industries Transparency InitiativeTags: oil and gas | mining and processing | transparency
Green Bond PrinciplesTags: bond issuance | investment | sustainable development
Net-Zero Banking Alliance (NZBA)Tags: climate change | corporate social responsibility | energy | energy plants
Observatoire de la responsabilité sociétale des enterprises (ORSE)Tags: corporate social responsibility
Pegasus GuidelinesTags: aviation | corporate social responsibility
Poseidon PrinciplesTags: corporate social responsibility | shipping
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
Science Based TargetsTags: climate change | corporate social responsibility
Sustainable Steel PrinciplesTags: corporate social responsibility
Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance
Taskforce on Nature-related Financial Disclosures (TNFD)Tags: corporate social responsibility | finance
United Nations Global CompactTags: United Nations | human rights
Dodgy Deals

Crédit Agricole is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Crédit Agricole's link to these deals.

Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

‘The land belongs to Mozambicans, not to France’

Two week long protest continues against TotalEnergies and its Mozambique LNG gas project for resettlement violations in Afungi Communities, Palma District, Cabo Delgado, Mozambique
2024-11-15 | Justiça Ambiental (JA!)/Friends of the Earth Mozambique
Blog
BankTrack news BankTrack blog Partner news Partner blog

Major ‘coal banks’ refuse to stop financing coal power boom in Asia

To stop a wave of new coal development across Asia, the End Coal Finance coalition is asking likely financiers to pledge not to back new coal power projects.
2024-11-14 | Nijmegen | BankTrack, Inclusive Development International, Recourse
Blog
BankTrack news BankTrack blog Partner news Partner blog

The 2024 Global Oil & Gas Exit List: More loss and damage ahead

2023 highest level of oil and gas production in history; 95% of oil and gas companies still expanding; LNG import terminal capacity set to increase by 57%
2024-11-12 | Berlin | urgewald
Blog
BankTrack news BankTrack blog Partner news Partner blog

European banks’ on-going support for fossil fuels is blocking energy transition

2024-11-07 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks’ low-ambition and incoherent climate targets put net zero goals at risk – new ShareAction analysis

2024-11-05 | ShareAction
Blog
BankTrack news BankTrack blog Partner news Partner blog

Major banks fueling biodiversity collapse by $395 billion since the Paris Agreement; Governments failing to reign in banks

New reports reveal escalating financing to destructive sectors and highlight the urgent need for financial sector regulations to achieve Global Biodiversity Goals
2024-10-16 | San Francisco | BankTrack, Amazon Watch, CED Cameroon, Friends of the Earth US, Milieudefensie, Profundo, Rainforest Action Network, Repórter Brasil, Sahabat Alam Malaysia, TuK Indonesia
Blog
BankTrack news BankTrack blog Partner news Partner blog

French banks haven’t turned their backs on coal

Reclaim Finance’s analysis reveals that French banks continued to finance companies that are still developing new coal mines or power plants.
2024-10-15 | Paris | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Energy supply financing ratios: the next milestone in banks’ climate strategy

The energy supply financing ratio is a key indicator that synthesizes two major challenges in limiting global warming to 1.5°C: the phase-out of fossil fuels and the development of sustainable alternatives.
2024-10-07 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Activists across the globe call on banks and investors to stop financing TotalEnergies

2024-10-02 | New York/Frankfurt/Paris | 350.org US, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Liveable Arlington
Blog
BankTrack news BankTrack blog Partner news Partner blog

TotalEnergies and financial markets: Financial institutions engaged for decades of pollution

2024-09-30 | Reclaim Finance
BankTrack news BankTrack blog Partner news Partner blog

ING is lone too-big-to-fail bank in test-run for new CO2 metric

ING Groep takes the lead in validating climate commitments amid growing scrutiny of finance industry standards.
2024-09-28 | Moneyweb
Blog
BankTrack news BankTrack blog Partner news Partner blog

International NGOs call for immediate official investigation into reports of series of atrocities committed by Mozambican security forces near TotalEnergies’ Mozambique LNG premises

2024-09-27 | BankTrack, Friends of the Earth Europe, Friends of the Earth Japan, Friends of the Earth US, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Les Amis de la Terre France, Milieudefensie, Reclaim Finance, ReCommon
BankTrack news BankTrack blog Partner news Partner blog

World’s biggest banks pledge support for nuclear power

Names including Bank of America, Morgan Stanley and Goldman Sachs boost COP28 goal of tripling capacity by 2050
2024-09-23 | Financial Times
Blog
BankTrack news BankTrack blog Partner news Partner blog

ING strengthens climate commitments, further restricts finance for oil and gas

The Dutch bank makes important strides forward, but real-world impact may be limited
2024-09-20 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks must overhaul climate targets to deliver emissions cuts, new analysis finds

Reclaim Finance is urging banks to rethink their targets, and in particular to jettison the widely used “financed emissions” and “facilitated emissions” targets.
2024-09-19 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

How Frontline Communities in Papua New Guinea are resisting a new LNG terminal that threatens water, land, and livelihoods

2024-08-20 | BankTrack, Centre for Environmental Law and Community Rights (CELCOR), Rainforest Action Network, Reclaim Finance
BankTrack news BankTrack blog Partner news Partner blog

Banche e istituti finanziari continuano a investire nella fornitura di armi a Israele

BankTrack mentioned
2024-08-06 | Valori.it
Blog
BankTrack news BankTrack blog Partner news Partner blog

BankTrack set to publish 2024 Global Human Rights Benchmark in November

50 of the world’s largest banks were invited to provide feedback on draft assessments of their human rights disclosures
2024-07-23 | Nijmegen, Netherlands | Giulia Barbos – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Gulf Coast residents and major organizations call on financial institutions to phase out financing of LNG projects in the Rio Grande Valley

“We will hold any financial institutions that choose to support these projects accountable for such impacts.”
2024-07-22 | New York City | Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks fail to substantially respond to communities impacted by ArcelorMittal on climate and human rights concerns

2024-07-18 | BankTrack, Fair Steel Coalition, Reclaim Finance, SteelWatch
Blog
BankTrack news BankTrack blog Partner news Partner blog

NZBA misses the target on steel: Banks must step up decarbonization efforts

Long awaited guidance will not stop climate chaos
2024-07-08 | Cynthia Rocamora, Reclaim Finance, Julia Hovenier – BankTrack, Paddy McCully, Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Coalition calls on European and Japanese banks to stop financing methane gas export projects on the United States Gulf Coast

2024-06-28 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

European financial institutions invest billions in arms companies that sell weapons to Israel

2024-06-20 | BankTrack, 11.11.11-Koepel van Internationale Solidariteit, Association France Palestine Solidarité, Cairo Institute for Human Rights Studies (CIHRS), Centre National de Coopération au Développement, European Coordination of Committees and Associations for Palestine, European Legal Support Center, European Trade Union Network for Justice in Palestine, Fagforbundet - Norwegian Union of Municipal and General Employees, FairFin, Handel og Kontor i Norge (HK Norway), International Federation for Human Rights (FIDH), Intersindical Alternativa de Catalunya, Landsorganisasjonen i Norge, Norwegian People, Palestine Solidarity Campaign, PAX, The Rights Forum, Trocaire
Blog
BankTrack news BankTrack blog Partner news Partner blog

BNP Paribas and Crédit Agricole say no to bonds for the oil and gas sector

Within a few days of each other, BNP Paribas and then Crédit Agricole announced that they would no longer participate in issuing conventional bonds for companies involved in oil and gas extraction and production.
2024-05-31 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks fueling climate chaos: the financing of metallurgical coal mining on the rise

Coal for steel received 31.9 billion US$ of financing by banks between 2016 and 2023
2024-05-27 | Reclaim Finance
BankTrack news BankTrack blog Partner news Partner blog

Pair of major European banks backs away from oil and gas bond deals

French lenders Crédit Agricole and BNP shift policy as scrutiny heightens on green finance
2024-05-24 | Financial Times
Blog
BankTrack news BankTrack blog Partner news Partner blog

Biggest banks finance more carbon pollution than emissions of Italy, Germany, France and UK combined

New report by ReCommon exposes carbon pollution financed by the world’s biggest banks ahead of G7 finance ministers meeting
2024-05-21 | Rome, Italy | ReCommon
Blog
BankTrack news BankTrack blog Partner news Partner blog

BNP Paribas says no to bonds in the oil and gas sector

Reclaim Finance calls on BNP Paribas to formalize this approach by including this rule in its climate policy.
2024-05-14 | Paris | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks financed fossil fuels by $6.9 trillion dollars since the Paris Agreement; $705 billion provided in 2023 alone; JPMorgan Chase, Mizuho, and Bank of America are worst 3 funders

Annual Banking on Climate Chaos report with an updated methodology offers comprehensive look at who’s bankrolling the climate crisis
2024-05-13 | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks fall for ArcelorMittal’s shiny claims and finance its dirty flames

Don’t be fooled by ArcelorMittal's “low carbon” sponsorship of the Olympic Games
2024-05-08 | Julia Hovenier – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

New Report: Bankrolling Ecosystem Destruction

EU banks have poured €256 billion into sectors that threaten nature and climate
2024-03-27 | Amsterdam | Greenpeace International, Harvest, Milieudefensie
Blog
BankTrack news BankTrack blog Partner news Partner blog

The banks financing dirty steel

The world’s major banks continue to support the largest and most polluting steel producers
2024-03-26 | Paris, France | Reclaim Finance
BankTrack news BankTrack blog Partner news Partner blog

The credit chainsaw

A review of how EU-based banks are pouring billions into deforestation
2024-03-12 | Global Witness
Blog
BankTrack news BankTrack blog Partner news Partner blog

We’re calling on banks to do their part to stop POSCOs coal expansion

Unless POSCO scraps its relining plans, banks should rule out future finance for the Korean steelmaker
2024-02-27 | BankTrack, Solutions for Our Climate
Blog
BankTrack news BankTrack blog Partner news Partner blog

French banks turn their backs on TotalEnergies in Papua New Guinea

2024-02-26 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Financiers warned of huge risks to communities and biodiversity as Rio Tinto approves world’s biggest mining project

2024-02-26 | Accra, Ghana and Nijmegen, Netherlands | BankTrack, Advocates for Community Alternatives (ACA)
Blog
BankTrack news BankTrack blog Partner news Partner blog

Barclays’ climate strategy = greenwashing and business as usual

In early February, Barclays published its revised oil and gas policy; what is striking is the number of references to oil and gas expansion, and the absence of firm measures to cease funding it.
2024-02-14 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Coal Havens - Asia’s biggest banks still open for coal business after COP28

The largest banks in India and Indonesia – global hotspots of the coal industry's growth – have no coal exclusion policy
2024-01-23 | Will O'Sullivan – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Decarbonizing steel: ING first bank to act

2024-01-09 | BankTrack, Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

POSCO is relining coal-based steel furnaces to prolong their lifetimes. This jeopardises its financiers' climate commitments.

Financiers of POSCO should be wary of capital expenditures that are misaligned with climate commitments
2023-12-18 | Julia Hovenier – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Crédit Agricole advances on climate change, but drags its feet

Despite the adoption of ambitious decarbonization targets, the French bank has allowed room to finance new fossil fuel infrastructure projects such as liquefied natural gas (LNG) terminals, as well as companies developing new oil and gas fields or infrastructure. 
2023-12-14 | Paris | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

67 organisations call on banks to cease financing metallurgical coal

Banks risk stranded assets & climate catastrophe in steel lending without metallurgical coal exclusions
2023-12-07 | Nijmegen | BankTrack, Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

European Finance Flows fuelling the climate crisis: The role of Article 2.1c under the UNFCCC

The EU’s call for COP28 to address the world’s climate-harming financial flows not matched by its own efforts at home, research by ActionAid reveals
2023-11-30 | ActionAid
Blog
BankTrack news BankTrack blog Partner news Partner blog

Met coal: financial institutions’ missing policies

Since 2016, the world’s biggest banks have provided US$ 557 billion in finance to the 50 biggest developers in the metallurgical sector
2023-11-23 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Europe’s top 20 banks need to be clearer, cleaner and greener

Europe’s largest banks’ green finance targets and reporting risk misleading customers and investors – new ShareAction research
2023-11-22 | ShareAction
Blog
BankTrack news BankTrack blog Partner news Partner blog

124 civil society organisations call on financial institutions to withdraw support for TotalEnergies’ Mozambique LNG project

2023-11-17 | BankTrack, and partners, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Les Amis de la Terre France, Milieudefensie, Reclaim Finance, ReCommon
BankTrack news BankTrack blog Partner news Partner blog

Environmental groups urge funding halt for TotalEnergies' Mozambique project

2023-11-17 | Reuters
Blog
BankTrack news BankTrack blog Partner news Partner blog

The financial institutions behind the worst fossil fuel bonds in 2023

2023-11-16 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Complaint filed against French banks for money laundering and concealment of proceeds from illegal deforestation in the Amazon

2023-11-08 | Paris & Brasilia | Center for Climate Crime Analysis, Harvest, Sherpa, Transparency International
Blog
BankTrack news BankTrack blog Partner news Partner blog

Financial institutions in the EU are driving harm to the environment and human rights

2023-10-31 | WWF
Blog
BankTrack news BankTrack blog Partner news Partner blog

Sustainable power: banks must step up a gear

A new tracker launched today by 13 NGOs, including Reclaim Finance and BankTrack, reveals the biggest global banks do not have the basic policies and financing targets needed to support decarbonization of the power sector.
2023-10-24 | BankTrack, Bank on our Future, Beyond Fossil Fuels, Climate Action Network France, Finance Watch, Friends of the Earth France, Make My Money Matter, Rainforest Action Network, Reclaim Finance, ReCommon, ShareAction, Sierra Club, WWF
Blog
BankTrack news BankTrack blog Partner news Partner blog

Investing in Extinction - How the global financial sector profits from traditional medicine firms using threatened species

2023-10-23 | Environmental Investigation Agency
BankTrack news BankTrack blog Partner news Partner blog

Europe’s banks helped fossil fuel firms raise more than €1tn from global bond markets

2023-09-26 | The Guardian
Blog
BankTrack news BankTrack blog Partner news Partner blog

Analysis reveals TotalEnergies’ misleading transition claims

Investors need to cease support for the company until it abandons its oil and gas expansion strategy
2023-09-26 | Reclaim Finance
BankTrack news BankTrack blog Partner news Partner blog

Fossil fuel companies are not slowing down. Which banks and lawyers facilitate their growth?

2023-09-26 | Follw the money
Blog
BankTrack news BankTrack blog Partner news Partner blog

The causes fueling the climate crisis are receiving 20 times more financing than the solutions, new groundbreaking report by ActionAid reveals

2023-09-04 | ActionAid
BankTrack news BankTrack blog Partner news Partner blog

Open letter to Phillipe Brassac and Xavier Musca of Credit Agricole calling for the bank to withdraw from financial advisory to Papua LNG signed by 18 organisations

2023-08-31 | Reclaim Finance
BankTrack news BankTrack blog Partner news Partner blog

EXIM under Biden risks repeating mistakes of Obama in supporting Papua LNG

2023-08-29 | Friends of the Earth US
Blog
BankTrack news BankTrack blog Partner news Partner blog

UN warns Aramco and its financiers over their role in driving climate-fuelled human rights violations

2023-08-26 | ClientEarth
Blog
BankTrack news BankTrack blog Partner news Partner blog

Decarbonization: steel not making the cut

Analysis by Reclaim Finance shows that few financial institutions have steel targets, and that those that have been adopted are riddled with flaws
2023-08-23 | Reclaim Finance
BankTrack news BankTrack blog Partner news Partner blog

Profits in a war zone: French banks’ Myanmar investments

As international businesses (mostly) retreat from Russia, the same ethical decision making is not applied to Myanmar’s military junta.
BankTrack mentioned
2023-08-17 | Capital Monitor
Blog
BankTrack news BankTrack blog Partner news Partner blog

Policy analysis report: Moving away from mass destruction

2023-07-27 | ICAN, PAX
Blog
BankTrack news BankTrack blog Partner news Partner blog

The Sustainable Steel Principles: One step forward when leaps are needed

Banks must commit to more on fossil-free steelmaking than just measuring and disclosing financed emissions
2023-07-13 | Nijmegen, The Netherlands | Julia Hovenier – BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Six French Financial Institutions Still Investing in Myanmar Junta-Linked Firms: Report

BankTrack mentioned
2023-07-07 | The Irrawdaddy
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report names five French banks and a pension fund supporting Myanmar military junta

Crédit Agricole, Groupe BPCE, BNP Paribas and Banque Postale invest in companies propping up the Myanmar military junta
2023-07-06 | Paris | BankTrack, ALTSEAN-Burma, FIDH, Info Birmanie, Justice For Myanmar, Reporters without Borders
BankTrack news BankTrack blog Partner news Partner blog

Birmanie : Crédit agricole et Axa proposent des placements dans des entreprises qui vendent des armes à la junte

BankTrack mentioned
2023-07-06 | Le Monde
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks committed to net zero still funding North Sea oil expansion by Equinor

Over 60 organisations have written to Equinor's biggest bankers warning them not to fund the company's controversial Rosebank oil field due to climate risks.
2023-07-04 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Challenging banks on their Dodgy Deals this AGM season

Our AGM wrap up blog
2023-06-27 | Natasha Ion – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

European banks have a dirty climate secret – but a new initiative could make them come clean

Banks are keeping most of their fossil fuel financing off the books
2023-06-02 | ShareAction
BankTrack news BankTrack blog Partner news Partner blog

Annual General Meetings: how well did they go for the climate?

2023-06-01 | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks’ fossil fuel finance is under more scrutiny than ever

As global temperatures rise, so do tensions at banks’ AGMs. But that hasn’t stopped investors, campaigners and people on the front line of the climate crisis holding bank boards accountable.
2023-06-01 | ShareAction
Blog
BankTrack news BankTrack blog Partner news Partner blog

Defund TotalEnergies: a new campaign targets the company’s financial supporters

25 NGOs are launching an international campaign to urge finance to stop being complicit in TotalEnergies’ oil and gas expansion
2023-05-16 | Paris | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report: Canadian bank RBC the #1 financier of fossil fuels, world’s biggest banks continued to pour billions into fossil fuel expansion

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
2023-04-13 | San Francisco | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

French banks need better decarbonization targets and fossil fuel policies

2023-04-13 | Paris, France | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

The human and environmental cost of Europe financing industrial animal farming

2023-04-12 | Friends of the Earth Europe, Justice is Everybody's Business
Blog
BankTrack news BankTrack blog Partner news Partner blog

French bank Société Générale withdraws from Rio Grande LNG

After years of campaigning by activists groups and NGOs on both sides of the Atlantic, Société Générale declared to have withdrawn from the highly controversial Rio Grande LNG shale gas export project planned in South Texas.
2023-03-28 | Carrizo Comecrudo Tribe, Les Amis de la Terre France, Rainforest Action Network, Reclaim Finance, Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

Exxon issues Rovuma LNG tender but financing in focus

BankTrack mentioned
2023-03-20 | Energy Voice
Blog
BankTrack news BankTrack blog Partner news Partner blog

Who dares to finance Eni and Exxon’s dangerous Rovuma gas plans in Mozambique?

Two banks made clear they will avoid financing Rovuma LNG, but plenty remain in the frame.
2023-03-20 | BankTrack, Justiça Ambiental (JA!)/Friends of the Earth Mozambique, Les Amis de la Terre France, ReCommon
BankTrack news BankTrack blog Partner news Partner blog

Banks' energy policies reflect net-zero ambition gap

Restrictions on upstream oil and gas financing aren't the silver bullet that the sector needs to achieve its climate goals.
2023-02-23 | Euromoney
BankTrack news BankTrack blog Partner news Partner blog

European Banks Get Tougher on Oil, Gas

BankTrack mentioned
2023-02-08 | Energy Intelligence
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report reveals the 40 financial institutions funding the world's climate-changing methane problem

A new report by Planet Tracker and Changing Markets reveals the top financial institutions funding the world’s biggest methane producers, and the role they can play in turning the tide on global heating.
2023-01-17 | London | Changing Markets, Planet Tracker
Blog
BankTrack news BankTrack blog Partner news Partner blog

Throwing fuel on the fire: GFANZ members provide billions in finance for fossil fuel expansion

2023-01-17 | Paris, France /Nijmegen, Netherlands | BankTrack, Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Europe’s largest banks falling short on climate and biodiversity action

New ShareAction research uncovers urgent need for UK and European banking sector to close loopholes in climate and biodiversity strategies
2022-12-12 | ShareAction
Blog
BankTrack news BankTrack blog Partner news Partner blog

Exposed: Western banks funding Qatar’s carbon bombs

US$ 20 trillion estimated damage linked to massive gas expansion by hosts of 2022 World Cup
2022-12-08 | Henrieke Butijn – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Climate: Crédit Agricole plan is a step forward but more action needed on gas

Crédit Agricole S.A. details its intermediary targets and action plans to reach carbon neutrality by 2050 on 5 sectors
2022-12-06 | Paris, France | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

European financial institutions heavily invested in companies involved in illegal Israeli settlements

725 European Financial Institutions found to provide billions of dollars in finance to companies operating in Israel's illegal settlement enterprise
2022-12-05 | Brussels | Don't Buy Into Occupation
Blog
BankTrack news BankTrack blog Partner news Partner blog

New human rights assessment of banks shows slow progress and lack of action to address key gaps on reporting and remedy

BankTrack’s 2022 Global Human Rights Benchmark finds reporting at a standstill, remedy still lacking and no clear leaders
2022-11-17 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Bank financiers of harmful wood biomass have no policies addressing impacts, shows new study

A briefing from BankTrack details impacts of the wood biomass industry and calls on banks to exclude sector from finance
2022-10-21 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Rio Grande Valley: at risk from fracked gas terminals

Big banks step away
2022-10-18 | Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks in Russia now have to help with conscription: Those who stay could be complicit in war crimes

2022-10-11 | Lorena Bisignano – BankTrack, Ryan Brightwell – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks have Ukrainian blood on their hands

Citi is not alone. Together with JPMorgan Chase, HSBC, and Crédit Agricole, it collectively provided more than 12 billion dollars of loans for Russian oil and gas companies in the run up to Russia's full scale military invasion.
2022-09-07 | Svitlana Romanko, Razom We Stand
Blog
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Jackdaw shows once again Shell is failing on climate. So why are its bankers failing to act?

2022-07-19 | The Hague, The Netherlands | Sumeyra Arslan – BankTrack
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Banks have arranged US$2.7 trillion in bonds for fossil fuel companies

2022-07-12 | Australia | The Sunrise Project
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New report: Largest European banks bankroll high-risk arms traders

2022-07-12 | PAX
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Crédit Agricole takes first step to phase out from the oil and gas sector

2022-06-22 | Paris, France | Reclaim Finance
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Climate groups call on Shell’s bankers to stop Jackdaw gas field

UK government’s regulatory approval opens the door for Shell to move ahead with the Jackdaw field
2022-06-03 | BankTrack
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12 banks lend $8 billion to oil and gas expansionist TotalEnergies

2022-05-13 | Reclaim Finance
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NGOs reveal top international companies, banks, and investors that fuel Russia's war machine

2022-04-04 | Berlin | urgewald, Ecodefense
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New report: Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
2022-03-30 | San Francisco, Bemidji, Nijmegen, Oakland, Paris, Sassenberg, Washington DC | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club, Urgewald
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Credit Agricole suspends services in Russia as banks retreat

2022-03-22 | WTVBAM
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What the war in Ukraine teaches us

Lessons for European governments, companies and financiers - a Profundo Expert View
2022-03-04 | Jan Willem van Gelder - Profundo
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Finance sector has moral imperative to exclude Russian fossil fuel firms

Financial institutions most exposed to Russian oil, gas and coal should stop propping up Putin’s illegal war on Ukraine
2022-03-03 | Paris | Reclaim Finance
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At least $132 billion in finance for fossil fuels is locking Africa out of a Just Transition, shows new report

African countries kept in fossil fuel stranglehold by Overseas money
2022-03-03 | BankTrack, 350.org Africa, AFIEGO, Africa Coal Network, Alerte Congolaise pour l’Environnement et les Droits de l’Homme (ACEDH), Alliance for Empowering Rural Communities (AERC), Centre for Alternative Development (CAD), Environment Governance Institute (EGI), Friends of the Earth Ghana, Friends of the Earth Mozambique, Friends of the Earth Togo, Innovation for the Development and Protection of the Environment (IDPE), Laudato Si, Lumière Synergie pour le Développement (LSD), Milieudefensie, Oil Change International, Save Okavango (SOUL), Solidarité pour la Réflexion et Appui au Développement Communautaire (SORADEC), Synergie de Jeunes pour le Développement et les Droits Humains (SJDDH), Women Environmental Programme Nigeria, WoMin, Zimbabwe Environmental Law Association (ZELA)
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Investment funds injected US$ 54.1 billion into mining companies with interests in Indigenous territories in the Amazon

New report by APIB and Amazon Watch reveals main investors of eight large mining companies that wish to explore Indigenous territories in Brazil.
2022-02-22 | Brazil | Amazon Watch, Association of Brazil’s Indigenous Peoples (APIB)
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Crédit Agricole under fire over financing of companies with coal projects

Campaigners target bank that previously won plaudits for strong stance on climate change
2022-02-15 | Financial Times
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Crédit Agricole: dodgy coal deals reveal policy breach

In 2019, Crédit Agricole became the first major bank in the world to exclude coal developers and to request an exit plan from the sector from its coal clients. But three years later, new financial data reveals that the bank has failed to properly enforce its policy.
2022-02-15 | Reclaim Finance
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Proposed conversion of former coal plant to biomass is a high risk for investors, new study shows

Portugal to decide on future of Pego power station by late February
2022-01-27 | Portugal | Biofuelwatch, Environmental Paper Network, Global Forest Coalition, ZERO
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Repeat offenders NAB, ANZ and Westpac bankrolling “bet against the Paris Agreement”

NAB, ANZ and Westpac are among 18 global banks that have loaned to a gas processing facility that paves the way for a carbon bomb at the scale of 15 coal power stations.
2022-01-20 | Market Forces
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#StopEACOP: 11 banks say “no” to Total in 2021

2021-12-31 | BankTrack
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Lack of coal exit plans poses challenge to finance’s engagement strategy

New analysis from Reclaim Finance shows that the vast majority of coal companies are failing to plan for an exit from the sector, despite looming deadlines set by several of their financial backers.
2021-12-21 | Paris | Reclaim Finance
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Banks failing to address severe human rights impacts transparently, finds BankTrack research

Findings reinforce the need for regulators to ensure access to effective remedy for people affected by bank finance
2021-12-14 | Nijmegen | BankTrack
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Total’s deal with Suriname: the greenwashing of oil Block 58

Will this be the final red flag for the oil major’s financiers?
2021-11-24 | Maaike Beenes – BankTrack
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Banks are still financing fossil fuels – while signing up to net zero pledges

2021-11-04 | The Guardian
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Meet the banks funding the owners of the Cambo oil field

New research shines a spotlight on the banks backing Shell and Siccar Point Energy
2021-10-29 | #StopCambo
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The climate emergency rings out at Climate Finance Day

Friends of the Earth France and Alternatiba Paris led a civil disobedience action at the Climate Finance Day, making the climate emergency resonate during Bruno Le Maire's opening speech
2021-10-26 | Alternatiba Paris, Les Amis de la Terre
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Equator Banks involved in financing at least 200 fossil fuel projects since Paris

BankTrack research sheds new light on finance for fossil fuels by Equator banks
2021-10-26 | BankTrack
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New report exposes billions in European financial support to companies in illegal Israeli settlements

2021-09-29 | Don't Buy Into Occupation
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For the sake of cheap soya: railway and waterway threaten the Amazon

2021-09-29 | Society for Threatened Peoples
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Banks and investors pouring billions into Arctic oil & gas bonanza despite climate pledges – report

How banks, investors and insurers are driving oil and gas expansion in the Arctic
2021-09-23 | Paris | Reclaim Finance
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Fossil Banks No Thanks demands banks commit to end fossil fuel finance before Glasgow Climate Summit

210+ groups support urgent call to action
2021-09-23 | BankTrack
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Letter from ClientEarth to 17 banks regarding the Cambo oil field

2021-09-14 | ClientEarth
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North Sea oil field development shows banks’ hypocrisy over climate

ClientEarth sends letter to 17 banks urging them to stop financing Shell and Siccar Point Energy, the companies pushing for the Cambo oil field
2021-09-14 | ClientEarth
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New research puts big banks’ sustainability claims in doubt

While 20 of Europe’s 25 largest banks have pledged to reach net-zero emissions by 2050, none have matched these long-term ambitions with comprehensive plans to avert climate change and biodiversity loss
2021-09-06 | London | ShareAction
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Forests & Finance Coalition warns foreign investors about the risk of the anti-environment agenda in the Brazilian Congress

2021-08-19 | Forests & Finance
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New bank links to Myanmar junta and atrocities found

19 international banks together invest over US$65 billion in shares of companies with ties to the Myanmar military junta
2021-07-28 | BankTrack, Justice For Myanmar
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Report: Global banks fail for financing, investment in oil & gas in Amazon rainforest

Banks remain highly exposed to risk of fueling corruption, human rights violations, and environmental harms despite commitments
2021-07-08 | San Francisco | Amazon Watch, Stand.earth
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Fossil assets: the new subprimes?

How funding the climate crisis can lead to a financial crisis
2021-06-10 | Institut Rousseau, Les Amis de la Terre, Reclaim Finance
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Nine international banks invest over US$24 billion in companies linked to Myanmar regime and atrocities

Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, JPMorgan Chase, UBS, Credit Suisse, Morgan Stanley, Bank of America, Wells Fargo and BNP Paribas among the top banks investing in companies linked to the Myanmar military junta
2021-05-27 | BankTrack, Justice For Myanmar
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Banks called upon to take action to protect biodiversity ahead of UN Biodiversity Conference in Kunming

Civil society organizations urge banks to adopt stringent “No Go” policy for biodiversity rich areas
2021-05-26 | Nijmegen | BankTrack
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Revealed: Businesses and banks behind global plastic waste crisis

Just 20 companies produce over 50 per cent of all single-use plastic - Top financial institutions enabling plastic waste identified
2021-05-18 | Minderoo Foundation
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Eacop’s financing blues as lenders desert $3.5b project

2021-05-04 | The East African
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Gov’t not bothered about banks refusing to finance EACOP

2021-04-27 | Kampala, Uganda | The Independent
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Three major French banks will not finance EACOP, according to French media

"The decision has been made, the project is too hard to defend", says bank source
2021-04-23 | BankTrack, #StopEACOP
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French banks disavow Total’s EACOP plans

2021-04-22 | Energy Voice
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BNP, Société Générale et Crédit Agricole ne financeront pas le projet de Total en Ouganda

2021-04-21 | Les Echos
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More than half of Europe’s bank directors too compromised to end fossil fuel finance

2021-04-07 | DeSmog
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Banking on Climate Chaos 2021: World’s 60 largest banks have poured USD 3.8 trillion into fossil fuels since Paris Agreement

Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016
2021-03-24 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
Blog
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Over 260 organisations call on banks not to finance Total’s East African Crude Oil Pipeline

With a final investment decision nearing, African and International organisations warn banks against joining $2.5 billion loan for a “manifestly irresponsible” project • New stopeacop.net campaign website launched.
2021-03-01 | International | BankTrack, 350.org Africa, AFIEGO, Inclusive Development International, IUCN NL
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Cambodia: Communities impacted by Lower Sesan 2 Hydropower Project seek IFC dispute resolution process; Companies' responses

2021-02-22 | BHRRC
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Sustainable Finance Expected to See 55% Growth in 2021, Says Credit Agricole Group

2021-01-20 | EnvironmentalLeader
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Five years since the Paris Agreement, are banks' 2050 pledges enough to reign in fossil fuel finance?

How the year's 'Paris-alignment' moves stack up against the measures needed to tackle the climate crisis
2020-12-12 | BankTrack
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Equator Banks fail communities on consultation and grievance mechanisms, new study finds

BankTrack research into nine projects financed ‘under Equator’ finds routine failures to conduct proper community consultation and a lack of effective project-level grievance mechanisms
2020-11-24 | Nijmegen | BankTrack
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Barclays, HSBC and Credit Suisse among worst offenders on oil sands finance

ShareAction says Barclays has participated in 11 loan and bond deals to oil sands companies since its net zero announcement in March
2020-10-29 | London | ShareAction
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HSBC and other banks set climate targets for loans and investments

2020-10-01 | Bloomberg
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Western banks provide billions in backing for firms driving tuna species to collapse

2020-09-28 | Unearthed
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Principles for Responsible Banking no obstacle to finance climate destruction

Twenty PRB banks provided over US$1.25 trillion in fossil fuel financing since Paris Agreement
2020-09-22 | Nijmegen | BankTrack, Rainforest Action Network
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New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
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BNP Paribas, Natixis and Crédit Agricole implicated in financing global forest destruction

2020-08-30 | Global Witness
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Equator Principles requirements missing for most projects, finds new BankTrack study

Research into 37 projects financed 'under Equator' finds project-level grievance mechanisms or stakeholder engagement processes cannot be evidenced in 65% of cases
2020-08-11 | BankTrack
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Revealed: UK banks and investors' $2bn backing of meat firms linked to Amazon deforestation

2020-06-04 | The Guardian
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Saudi Aramco closes US$10bn loan

2020-05-12 | London | Reuters
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Global finance sector failing to apply conservation criteria to pulp and paper funding

2020-03-21 | New York/Amsterdam | Environmental Paper Network
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Banking on Climate Change – Fossil Fuel Finance Report Card 2020

New report reveals global banks funneled USD 2.7 trillion into fossil fuels Since Paris Climate Agreement, with financing on the rise each year 
2020-03-18 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
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Big European banks face call to end funding for firms building coal-fired plants

BankTrack mentioned
2019-12-05 | Reuters
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Report on French banks’ colossal carbon footprint

2019-11-28 | Friends of the Earth France, Oxfam France
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4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows

Lloyds, Bank of America, Goldman Sachs and Société Générale among the poorest performers in BankTrack ranking, alongside Canadian and Chinese banks
2019-11-26 | BankTrack
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French banks still funding coal despite finance minister’s plea

BankTrack mentioned
2019-11-15 | EurActiv
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Coal finance exit in France – Banks and insurers urged to drop coal expansion clients and make good on commitments

2019-11-14 | Paris, France | BankTrack, Unfriend Coal
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Aramco IPO: These are the banks and advisers on world's biggest sale

2019-11-03 | Bloomberg
Blog
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How long will Santander continue to profit from Polish coal expansion?

The Spanish bank's use of ‘ESG loans’ for companies with fossil fuel expansion plans is part of a dangerous new trend
2019-10-16 | Greig Aitken – BankTrack, Kuba Gogolewski – Development YES Open-Pit Mines NO
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Money is the oxygen on which the fire of global warming burns

BankTrack mentioned
2019-09-17 | The New Yorker
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BankTrack 2019 Human Rights Benchmark: criteria and scope announced

2019-06-25 | Nijmegen | BankTrack
Blog
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Overly underwhelming - a reflection on Fossil Banks’ AGM season

2019-06-19
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European utilities at risk from Credit Agricole’s new 2030 coal exit stance

2019-06-07 | IEEFA
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Sortie du charbon : Crédit Agricole montre la voie, les autres banques à la traîne

2019-06-06 | Les Amis de la Terre
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Crédit Agricole gets real on coal, but oil & gas restrictions must follow, says BankTrack

2019-06-06 | Paris, France | BankTrack
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Dirty Profits 7 - Out of Control: Irresponsible weapons transfers and future weapon systems

2019-05-22 | Frankfurt am Main | Facing Finance
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Fool’s Gold – €16bn for Europe’s biggest climate polluters

2019-05-21 | Berlin | Beyond Fossil Fuels
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Global Banks, Led by JPMorgan Chase, Invested $1.9 Trillion in Fossil Fuels Since Paris Climate Pact

2019-03-20 | Desmogblog.com
Blog
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Banking on Climate Change – Fossil Fuel Finance Report Card 2019

World's top banks have poured $1.9 trillion into fossil fuel financing since the Paris Agreement was adopted, with financing on the rise each year
2019-03-20 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club
Blog
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Thirteen Guinean villages lodge complaint against World Bank for financing destructive bauxite mine

Further finance came from a syndicate of commercial banks under the Equator Principles
2019-03-11 | Conakry | Inclusive Development International
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These Are the Banks Caught Up in the Russia Money-Laundering Scandal

2019-03-06 | Bloomberg
Blog
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Every two weeks a bank, insurer or lender announces new coal restrictions

Major financial institutions restricting coal funding tops 100
2019-02-27 | IEEFA
Blog
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Trans Adriatic Pipeline: France provides massive financial support to controversial gas project

2019-01-17 | Paris, France | Les Amis de la Terre
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Banks massively financing fossil fuels unclear about future of ... fossil fuels

Few banks acknowledge relation between fossil fuels and climate breakdown
2018-12-20 | Nijmegen
Blog
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New report: Three years after the Paris climate summit, French banks are financing more coal

2018-11-26 | Paris, France | Les Amis de la Terre
Blog
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JPMorgan Chase, Wells Fargo and Crédit Agricole warned not to finance tar sands pipeline companies

Bank clients Enbridge and TransCanada have failed to secure Free, Prior and Informed Consent of Indigenous communities
2018-10-09 | San Francisco, USA | Rainforest Action Network
Blog
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Marubeni - playing on both sides of the energy transition

The Japanese conglomerate could be a leader in renewables, but its coal expansion plans should place it beyond the pale for responsible banks.
2018-08-01 | Lucie Pinson – Les Amis de la Terre
Blog
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Uncertainty over the future of the Trans Adriatic Pipeline, as EBRD envisages loan decision

2018-06-14 | Elena Gerebizza - Re:Common
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How Kinder Morgan's bankers are funding a tar sands pipeline

2018-05-24 | Sightline Institute
Blog
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Report finds major banks ramped up fossil fuel financing to $115 billion in 2017

Despite 2017 being the costliest year on record for weather disasters, new report reveals that banks increased extreme fossil fuel financing last year, led by a more than doubling in lending to tar sands companies and pipelines.
2018-03-28 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club
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Southern Gas Corridor: Dirty as coal

2018-01-30 | 350.org
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TAP pipeline on course for first gas to Italy in early 2020

2017-12-22 | Reuters
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Banks criticised for funding coal deals despite Paris agreement

BankTrack mentioned
2017-12-11 | Financial Times
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EU commission urged bank to support Azerbaijan gas pipeline

2017-11-27 | ClimateHome
Blog
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Big banks complicit in massive tar sands destruction and pollution through hundreds of billions in financing

2017-11-02 | Rainforest Action Network
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Germany tightens the screws on international funds to Turkey

2017-10-25 | Bloomberg
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EBRD board approves $500 mln loan for TANAP gas pipeline project

2017-10-18 | Reuters
Blog
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The Azerbaijani Laundromat scandal and the Trans Adriatic Pipeline

Bank financing for fossil fuels is dirty, but how dirty?
2017-09-22 | Greig Aitken – BankTrack
Blog
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Indigenous Groups Lead Movement to Call on Banks to Drop Enbridge’s Controversial Line 3 Pipeline

Tribal Nations based in Minnesota oppose the project and the Minnesota Department of Commerce has condemned it
2017-09-21 | Minneapolis, MN | Honor the Earth, Rainforest Action Network
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Local residents in Salento resist mega-pipeline

2017-07-23 | 350.org
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Oil price and Russian pressure put Azerbaijan’s strategic gas project at risk

2017-07-19 | Chatham House
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EU urged to honour Paris Agreement and withdraw support for gas mega-pipeline

2017-07-03 | 350.org
Blog
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150,000 People Representing more than $4 Billion Call on Banks to Defund Tar Sands Pipelines

2017-06-28 | Washington, DC | Divestinvest, Mazaska Talks
Blog
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Ten Equator banks demand decisive action on Indigenous peoples following DAPL debacle

Banks from the Netherlands, France, Spain and Italy press Equator Principles Association for change
2017-06-16 | BankTrack
Blog
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28 major banks warned not to finance Trans Mountain pipeline expansion

Over 20 Indigenous and environmental groups deliver urgent letter.
2017-06-09 | BankTrack, Rainforest Action Network, others
Blog
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Banks provide billions for Dirty Diesel traders while failing to act on human rights, says new briefing

- Oil traders Trafigura and Vitol received over $100 billion in loans since 2012
- Of 26 banks contacted, not one has pressured companies over toxic fuel exports to Africa
2017-05-23 | Nijmegen | BankTrack
Blog
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Pipeline action at Société Générale: French banks must not be Trump accomplices

2017-05-22 | Paris, France | Les Amis de la Terre
Blog
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Indigenous leaders launch new campaign to defund all four proposed tar sands pipelines

2017-05-09 | Turtle Island | Mazaska Talks
Blog
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Energy Transfer: Which banks continue to support the company behind DAPL?

2017-04-06 | Alison Kirsch - Rainforest Action Network
Blog
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Banks risk breach of sustainability standards over Indonesian coal plant finance

New report from BankTrack and Greenpeace
2017-04-03 | Nijmegen, Netherlands | BankTrack, Greenpeace
BankTrack news BankTrack blog Partner news Partner blog

French Banks’ Dangerous Liaisons with the Israeli Settlement Enterprise

2017-03-31 | Association France Palestine Solidarité
Blog
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Europe’s biggest banks register €25 billion profit in tax havens

2017-03-27 | Fair Finance International, Oxfam
Blog
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Who's bankrolling TransCanada?

Banking on TransCanada means banking on Keystone XL
2017-03-24 | Alison Kirsch - Rainforest Action Network
Blog
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Coal in Indonesia: Société Générale pulls out of financing, Crédit Agricole under pressure to follow

2017-01-03 | Paris | Friends of the Earth France
Blog
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COP22: The pressure is growing on banks financing coal expansion in Indonesia

2016-11-18 | Yann Louvel – BankTrack
Blog
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Financing of coal industry expansion by top banks undermining Paris Agreement

2016-11-14 | Marrakech, Morocco | BankTrack, Friends of the Earth France, Market Forces, Rainforest Action Network, urgewald
Blog
BankTrack news BankTrack blog Partner news Partner blog

Climate Finance Day: BNP Paribas failing to respect coal finance commitments

One year after COP21, French bank has still not excluded Polish coal company PGE from client list
2016-11-03 | Paris, France | BankTrack, Fair Finance France, Foundation Development YES Open-Pit Mines NO, Les Amis de la Terre
BankTrack news BankTrack blog Partner news Partner blog

Climat: le Crédit agricole et la Société générale ne financeront pas de nouvelles centrales à charbon

2016-10-28 | Le Monde
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Charbon: le «double jeu» des banques françaises

2016-10-28 | Liberation
Blog
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Crédit Agricole and Société Générale announce end to financing of coal power projects

2016-10-27 | Paris, Nijmegen | BankTrack, Les Amis de la Terre
BankTrack news BankTrack blog Partner news Partner blog

Malgré leurs promesses, les banques restent addicts au carbone

2016-10-04 | L'Humanité
Blog
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Coal: Will the Paris Agreement go up in smoke thanks to Crédit Agricole and Société Générale?

2016-07-27 | Paris | Les Amis de la Terre, BankTrack and Greenpeace
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report finds banks betting on climate change

Seventh annual bank finance Report Card reveals major banks poured hundreds of billions into extreme fossil fuels
2016-06-14 | Nijmegen, San Francisco | BankTrack, Rainforest Action Network, Sierra Club and Oil Change International
Blog
BankTrack news BankTrack blog Partner news Partner blog

Indonesia: The climate test for Crédit Agricole and Société Générale

2016-05-19 | Les Amis de la Terre and Greenpeace Indonesia
Blog
BankTrack news BankTrack blog Partner news Partner blog

Coal: a fraud still being supported by Crédit Agricole and Société Générale

2016-03-30 | Paris | Les Amis de la Terre
BankTrack news BankTrack blog Partner news Partner blog

UN-backed green fund to wean major banks off fossil addiction

2016-03-11 | ClimateHome
Blog
BankTrack news BankTrack blog Partner news Partner blog

Green Climate Fund must say no to partnerships with HSBC, Crédit Agricole

2016-03-07 | Songdo, South Korea | BankTrack, FoE US, FoE France
BankTrack news BankTrack blog Partner news Partner blog

Green Climate Fund urged to ditch links to HSBC, Credit Agricole

2016-03-03 | ClimateHome
Blog
BankTrack news BankTrack blog Partner news Partner blog

New BankTrack Human Rights Impact Briefing: Labour standards violations in IOI Corporation’s Malaysian plantations

2016-02-16 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Post-Paris, and the dodgy coal deals are already sprouting up in 2016

2016-02-02 | Greig Aitken – BankTrack, Yann Louvel – BankTrack
BankTrack news BankTrack blog Partner news Partner blog

The Green Climate Fund’s not-so-green partners

2015-12-15 | Euractiv
Blog
BankTrack news BankTrack blog Partner news Partner blog

Green Climate Fund must say no to HSBC, Crédit Agricole partnerships

2015-11-03 | Pan African Climate Justice Alliance, Friends of the Earth U.S., Institute for Policy Studies, Germanwatch, ActionAid USA
BankTrack news BankTrack blog Partner news Partner blog

Green Climate Fund under pressure to shun HSBC and Credit Agricole

BankTrack mentioned
2015-10-30 | Environmental Finance ($)
BankTrack news BankTrack blog Partner news Partner blog

Crédit Agricole S.A. announces new undertakings related to coal and CO2

2015-09-30 | Crédit Agricole S.A.
Blog
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Major blow for Croatian coal plant as Crédit Agricole announces new coal power policy

2015-09-30 | Paris, France | Les Amis de la Terre, BankTrack, CEE Bankwatch Network, Zelena akcija
Blog
BankTrack news BankTrack blog Partner news Partner blog

Crédit Agricole violating own coal policies with new Croatian power plant support – new report

2015-09-10 | Les Amis de la Terre, BankTrack, CEE Bankwatch, Zelena-akcija
Blog
BankTrack news BankTrack blog Partner news Partner blog

Bangladesh coal plant “non-compliant with Equator Principles” shows new BankTrack analysis

“Big Three” French banks ruled out financing for Rampal project near Sundarbans World Heritage mangrove forest
2015-06-29 | Nijmegen | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

French banks say no to Bangladesh coal plant

BankTrack mentioned
2015-06-25 | The Guardian
Blog
BankTrack news BankTrack blog Partner news Partner blog

Crédit Agricole announces end to global coal mining finance at AGM

Campaigners call on bank to sign Paris Pledge to quit coal completely
2015-05-20 | Paris | Les Amis de la Terre, BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Three French banks refuse to finance Galilee Basin projects

2015-04-09 | Mining Innovation News
BankTrack news BankTrack blog Partner news Partner blog

French banks refuse to finance Great Barrier Reef coal mines ($)

2015-04-09 | Business Green
BankTrack news BankTrack blog Partner news Partner blog

Les banques françaises se retirent du plus grand projet charbonnier au monde

BankTrack mentioned
2015-04-08 | Le Monde
Blog
BankTrack news BankTrack blog Partner news Partner blog

Victory for the climate and environment: French banks pledge not to finance mega coal projects in Australia's Galilee Basin

2015-04-08 | Montreuil, France; Nijmegen, Netherlands | Friends of the Earth France / BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

“Big Three” French banks rule out financing for Rampal coal project

2015 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Crédit Agricole announces end to global coal mining finance at AGM

2015 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Three French banks refuse to finance Galilee Basin projects

2015 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Climate breakthrough as string of banks dump coal financing

2015 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks not yet living up to UN human rights principles, finds BankTrack

New research finds inadequate reporting on human rights impacts, and failure to establish mechanisms to allow complaints.
2014-12-02 | Geneva | BANKTRACK
BankTrack news BankTrack blog Partner news Partner blog

Long noses: Shell, GDF Suez, Samsung sweep Pinocchio Awards

BankTrack mentioned
2014-11-19 | The Economist
Blog
BankTrack news BankTrack blog Partner news Partner blog

'Record year' for bank coal financing as latest UN climate warning looms

2014-10-29 | Nijmegen | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Marubeni wins Plomin C IPP

2014-09-10 | PFI
Blog
BankTrack news BankTrack blog Partner news Partner blog

“Green Bond” issue risks raising finance for destructive dams

2014-07-09 | Ryan Brightwell – BankTrack, Zachary Hurwitz – International Rivers
Blog
BankTrack news BankTrack blog Partner news Partner blog

Crédit Agricole challenged at AGM to stop finance for mountain destruction

2014-05-21 | Paris | Les Amis de la Terre
BankTrack news BankTrack blog Partner news Partner blog

Time for France’s Biggest Bank to Stop Funding Mountaintop Removal Coal

2014-05-21 | RAN, Banktrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

BankTrack calls for strengthening of Green Bond Principles

Combatting climate change needs real commitments instead of loose guidelines - Banks must urgently curb fossil fuel financing
2014-04-14 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Credit Agricole refuses to finance the Adani Abbott Point Terminal

2014 | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Nine of the world's top 20 funders of coal won't touch additional coal terminals at Abbot Point

2014 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Anti-Areva Protest: Letter to French and European Bankers from Fishermen and Farmers of Jaitapur

2013-06-04 | DiaNuke.org
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report: European banks fuelling food price volatility and hunger

2012-01-12 | Brussels | Friends of the Earth Europe
Blog
BankTrack news BankTrack blog Partner news Partner blog

Bankrolling Climate Change

NGOs present groundbreaking research on banks’ involvement in coal financing
2011-11-30 | Durban | urgewald, Earthlife, BankTrack and groundWork
Blog
BankTrack news BankTrack blog Partner news Partner blog

French banks: a citizen rating reveals what is going on underneath their activities

2011-11-02 | Paris and Nice | Les Amis de la Terre and Attac France
BankTrack news BankTrack blog Partner news Partner blog

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
BankTrack news BankTrack blog Partner news Partner blog

Time to Improve the Equator Principles, BankTrack Says

BankTrack mentioned
2011-10-24 | Washington | Social Funds
BankTrack news BankTrack blog Partner news Partner blog

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet
2011-10-23 | Washington | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

Financiers search for sustainable future

BankTrack mentioned
2011-10-20 | Washington | Environmental Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

‘Nuclear banks no thanks’ coalition demands banks to stop financing nuclear energy

Nuclear disaster in Japan is a sad and urgent reminder of the inherent risks of nuclear energy
2011-03-15 | Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

BNP Paribas releases new policy on nuclear financing

Financing of Angra III and -possibly- Jaitapur plants shows hypocricy of effort
2011-02-15 | Paris | Les Amis de la Terre
Blog
BankTrack news BankTrack blog Partner news Partner blog

Nam Theun 2 inauguration hides real costs of controversial Equator Principles project

More than 100,000 people continue to suffer project impacts
2010-12-07 | Laos | International Rivers
BankTrack news BankTrack blog Partner news Partner blog

World Bank-backed dam powers ahead, despite social cost

2010-12-07 | Bangkok | Inter Press Service
Blog
BankTrack news BankTrack blog Partner news Partner blog

Lancement du premier calculateur de l’empreinte carbone de notre épargne

2010-11-22 | Paris, France | Les Amis de la Terre
Blog
BankTrack news BankTrack blog Partner news Partner blog

Prix pour Credit Agricole: les prix Pinocchio du développement durable 2010

2010-11-09 | Paris | Les Amis de la Terre
Blog
BankTrack news BankTrack blog Partner news Partner blog

Medupi (Afrique du Sud) : le Crédit Agricole finance un projet charbonnier climaticide

2010-10-14 | Paris | Les Amis de la Terre
Blog
BankTrack news BankTrack blog Partner news Partner blog

Medupi (South Africa): Crédit Agricole finances a climate destructive coal project

2010-10-14 | Paris | Les Amis de la Terre
Blog
BankTrack news BankTrack blog Partner news Partner blog

New rules for Equator Principles, but no new commitments from banks

New governance rules represent missed chance for Equator Principles to take bold steps forward on transparency and accountability
2010-07-01 | Nijmegen, the Netherlands | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

BankTrack calls on banks to stop funding nuclear power

New website exposes nuclear secrets of commercial banks
2010-05-26 | Nijmegen, the Netherlands | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

BankTrack calls upon banks to Close the Gap on investment policies

New report evaluates quality of investment policies of 49 banks; more policies in place, overall quality below what is required
2010-04-27 | Nijmegen, the Netherlands | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

International Court of Justice rules on Uruguayan Botnia case

World Bank’s IFC, Nordea, Calyon and Finnvera complicit in violations of International Law
2010-04-20 | The Hague | CEDHA
Blog
BankTrack news BankTrack blog Partner news Partner blog

Top financial institutions invest over US$43 billion in producers of cluster bombs

Activists call on governments and financial institutions to stop explosive investments
2010-04-14 | Geneva, Switzerland | Netwerk Vlaanderen/ IKV PaxChristi
Blog
BankTrack news BankTrack blog Partner news Partner blog

Laos’ Nam Theun 2 dam operation illegal

Equator Principles project begins selling power to Thailand in violation of Concession Agreement and obligations to affected communities
2010-03-23 | Laos | International Rivers
Blog
BankTrack news BankTrack blog Partner news Partner blog

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward
2010-03-15 | Nijmegen, The Netherlands | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Civil society groups call for bold steps forward with Equator Principles

Major reforms needed on transparency, accountability, implementation and climate change
2010-01-14 | Nijmegen | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Crédit Agricole S.A. group evidences commitment to human rights via its Human Rights Charter

2009-12-15 | Paris | Credit Agricole
Blog
BankTrack news BankTrack blog Partner news Partner blog

Top financial institutions still invest US$20 billion in cluster bombs

Activists call on banks and pension funds to disinvest from banned weapon
2009-10-29 | London | Netwerk Vlaanderen
Blog
BankTrack news BankTrack blog Partner news Partner blog

Victoire Pinocchio : le Crédit Agricole revend ses titres Dongfeng

2009-10-29 | Paris, France | Les Amis de la Terre
Blog
BankTrack news BankTrack blog Partner news Partner blog

EPR : Les banques françaises portent à bout de bras un fiasco industriel

2009-10-16 | Paris, France | Les Amis de la Terre
BankTrack news BankTrack blog Partner news Partner blog

BankTrack members unveil bank secrets

Six European organizations launch a revealing website: www.banksecrets.eu
2009-06-25 | Brussels | CRBM
Blog
BankTrack news BankTrack blog Partner news Partner blog

Carbon Principles and Climate Principles will not stop melting of the ice

2009-03-30 | Bonn, Nijmegen | BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

ING Withdraws from Slovak Nuclear Project

Mochovce 3 and 4 too risky
2008-01-29 | Amsterdam / Brussels | Urgewald
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report FoE France : French Banks, Fossil Banks?

New FoE report slams French banks for sad state climate policies
2007-03-06 | Paris, France | Les Amis de la Terre
Blog
BankTrack news BankTrack blog Partner news Partner blog

Calyon to Support Controversial Botnia Pulp Mill Project in Uruguay

2007-01-15 | Paris, France | CEDHA
Blog
BankTrack news BankTrack blog Partner news Partner blog

International coalition denounces Calyon for its support to Finnish papermill Botnia in Uruguay

2006-05-18 | Paris, France | CEDHA
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report FoE France : Banques et environnement: Presque tout reste à faire

2006-03-06 | Paris, France | Les Amis de la Terre
Resources
Documents
Links

Banking on biodiversity collapse 2024

Partner publication
2024-10-16 00:00:00 | Forest and Finance Coalition

NZBA 2024 Progress Report

Other document
2024-10-01 00:00:00 | NZBA

Response Tracking – Letter to 20 banks on ArcelorMittal, sent June 10th 2024

NGO document
2024-07-17 00:00:00 | BankTrack

Suzano's Pulp Fiction

Comparing words and deeds of the world’s largest eucalyptus pulp producer
NGO document
2024-07-16 00:00:00 | EPN

Open letter to EU & Japanese banks to end finance for LNG in the Gulf South, US

NGO document
2024-06-28 00:00:00 | BankTrack

Letter from BankTrack to Crédit Agricole on Risks of Crédit Agricole's relationship with ArcelorMittal

Correspondence
2024-06-10 00:00:00 | BankTrack

UNSUPERVISED - The carbon pollution of the world’s largest banks

NGO document
2024-05-21 00:00:00 | ReCommon

Integrated Report 2023-2024

Annual report
2024-05-15 00:00:00 | Crédit Agricole

Banking on climate chaos 2024

Fossil fuel finance report 2024
BankTrack publication
2024-05-13 00:00:00 | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance & Sierra Club

Human Trafficking and Modern Slavery Statement

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

CSR Sector policy Thermal Coal

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

CSR Sector Policy Metals and Mining

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

Bankrolling Ecosystem Destruction

EU banks have poured €256 billion into sectors that threaten nature and climate 
Partner publication
2024-03-26 00:00:00 | Greenpeace International, Milieudefensie, Harvest

CSR Sector Policy - Oil and gas sector

Bank policy
2024-03-15 00:00:00 | Crédit Agricole

Finance for War. Finance for Peace

How values-based banks foster peace in a world of increasing conflict
Other document
2024-02-28 00:00:00 | Banca Etica Group and the Global Alliance for Banking on Values (GABV)

Sustainable Steel Principles 2023 Annual Report

Other document
2024-02-01 00:00:00 | Sustainable Steel Principles

Coal Havens

The banks and loopholes keeping coal finance alive in Asia
BankTrack publication
2024-01-23 00:00:00 | BankTrack

Letter from Crédit Agricole to BankTrack on POSCO Relining plans

Correspondence
2024-01-15 00:00:00 | Crédit Agricole

Crédit Agricole accelerates its climate commitments

Bank policy
2023-12-14 00:00:00 | Crédit Agricole

Letter from BankTrack to Crédit Agricole on Ending support for metallurgical coal

Correspondence
2023-12-07 00:00:00 | BankTrack

Letter from BankTrack to Crédit Agricole on posco relining plans

Correspondence
2023-11-29 00:00:00 | BankTrack

Letter from BankTrack, ACA, CTEA to Crédit Agricole on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-23 00:00:00 | BankTrack, ACA, CTEA

CSR policy

Bank policy
2023-10-31 00:00:00 | Crédit Agricole CIB

Joint CSO letter to US EXIM on Papua LNG

NGO document
2023-08-29 00:00:00 | Friends of the Earth US

Investing in Myanmar's military cartel

BankTrack publication
2023-07-06 00:00:00 | BankTrack, Info Birmanie, Justice for Myanmar

Letter from BankTrack and 60 civil society groups to 20 bank financiers of Equinor on Equinor's proposed North Sea field Rosebank

Letter to financiers of Equinor on their client's ownership of Rosebank
Correspondence
2023-07-04 00:00:00 | BankTrack and 60 civil society groups

Why banks should account for their full share of facilitated emissions

Banks are making progress on setting net-zero targets but most focus on lending and only a handful include capital markets facilitation – funding activities where banks do not provide capital themselves but play a critical role in facilitating access to it. Capital markets are a vital source of funding and will be key in delivering the low-carbon transition. In 2021 alone, global bond and equity issuances stood at US$26.8 trillion. This memo outlines why the industry-organised Partnership for Carbon Accounting Financials should include a 100% weighting for capital market facilitation.
NGO document
2023-05-23 00:00:00 | ShareAction

Press release: European banks among biggest drivers of fossil fuel expansion

2023 Banking on Climate Chaos - Europe press release
NGO document
2023-04-13 00:00:00 | BankTrack, Les Amis de la Terre France, Reclaim Finance, ReCommon, Urgewald

Banking on Climate Chaos 2023

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
BankTrack publication
2023-04-13 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, Urgewald

Boom and Bust Coal 2023

Tracking the Global Coal Plant Pipeline
Partner publication
2023-04-06 00:00:00 | Global Energy Monitor

Annual report 2022

Annual report
2023-02-03 00:00:00 | Crédit Agricole

Background briefing: Just 7% of global banks' energy financing goes to renewables, new data shows

BankTrack publication
2023-01-27 00:00:00 | Profundo for Sierra Club, Fair Finance International, BankTrack, Rainforest Action Network

Sector policy - aviation

Bank policy
2022-12-31 00:00:00 | Crédit Agricole

In debt to the planet

Europe’s largest banks are not doing enough to address the twin crises of climate change and biodiversity loss.
NGO document
2022-12-12 00:00:00 | ShareAction

Crédit Agricole S.A. details its intermediary targets and action plans to reach carbon neutrality by 2050 on 5 sectors

Other bank document
2022-12-06 00:00:00 | Crédit Agricole

Sector policy - Nuclear plants and fuel cycle facilities

Bank policy
2022-11-30 00:00:00 | Crédit Agricole CIB

Sector policy - automotive

Bank policy
2022-11-30 00:00:00 | Crédit Agricole CIB

BankTrack Global Human Rights Benchmark 2022

BankTrack publication
2022-11-17 00:00:00 | BankTrack

Who is financing fossil fuel expansion in Africa?

BankTrack publication
2022-11-15 00:00:00 | Urgewald, BankTrack, 350.org Africa, Africa Coal Network & Oilwatch Africa, et al.

Burning forests in the name of clean energy? How banks are failing to exclude the harmful wood biomass industry from finance

BankTrack publication
2022-10-21 00:00:00 | BankTrack

Crédit Agricole SA launches its medium-term plan for 2025: ambitions 2025

Other bank document
2022-06-22 00:00:00 | Crédit Agricole

Letter from BankTrack, 350.org, Bank on our Future and Uplift to 25 banks on Shell's proposed Jackdaw gas field

Correspondence
2022-06-03 00:00:00 | BankTrack, 350.org, Bank on our Future and Uplift

Modern slavery and human trafficking statement

Bank policy
2022-05-24 00:00:00 | Crédit Agricole

Banking on Climate Chaos 2022

Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021
BankTrack publication
2022-03-30 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, urgewald

Annual report 2021

Annual report
2022-03-29 00:00:00 | Crédit Agricole

Sector policy - Shale oil and gas

Bank policy
2022-01-31 00:00:00 | Crédit Agricole CIB

Actions speak louder: Assessing bank responses to human rights violations

BankTrack publication
2021-12-14 00:00:00 | BankTrack

Letter from BankTrack to Crédit Agricole on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack

Sector policy - shipping

Bank policy
2021-10-21 00:00:00 | Crédit Agricole CIB

Drill, baby, drill

How banks, investors and insurers are driving oil and gas expansion in the Arctic
NGO document
2021-09-23 00:00:00 | Reclaim Finance

Recipients of the letter about the risk of the anti-environment agenda in the Brazilian Congress

NGO document
2021-08-19 00:00:00 | BankTrack

Banking on Amazon destruction

NGO document
2021-07-08 00:00:00 | Amazon Watch & Stand.earth

Annual report 2020

Annual report
2021-07-05 00:00:00 | Crédit Agricole

Fossil assets: the new subprimes?

How funding the climate crisis can lead to a financial crisis
NGO document
2021-06-10 00:00:00 | Institut Rousseau, Reclaim Finance, Les Amis de la Terre

Key Cerrado Deforesters in 2020 Linked to the Clearing of More Than 110,000 Hectares

NGO document
2021-05-03 00:00:00 | Chain Reaction Research

Big meat. Big bucks. Bigger harm.

Animal welfare and European financial links with deforestation in the Amazon and Cerrado
NGO document
2021-03-05 00:00:00 | World Animal Protection and Profundo

Open Letter from over 260 civil society organisations to banks on EACOP

NGO document
2021-02-25 00:00:00 | 263 CSOs

Collective Commitment to Climate Action - Year One in Review

Other document
2020-12-08 00:00:00 | UNEP FI Principles for Responsible Banking

"Trust Us, We're Equator Banks": Part II

BankTrack publication
2020-11-24 00:00:00 | BankTrack

High Risk, Low Reward

An overview of European banks' position on oil sands
NGO document
2020-10-31 00:00:00 | ShareAction

Climate Strategy

English document
Bank policy
2020-10-01 00:00:00 | Crédit Agricole

Anti-corruption policy

Date listed represents date as accessed on website
Bank policy
2020-07-15 00:00:00 | Crédit Agricole

Fool's Gold

The financial institutions risking our renewable energy future with coal
BankTrack publication
2020-07-15 00:00:00 | Europe Beyond Coal, BankTrack, BlackRock’s Big Problem, Ember, Fundacja "Rozwój TAK - Odkrywki NIE”, Friends of the Earth Finland, Friends of the Earth France, Greenpeace, Reclaim Finance, Re:Common, ShareAction, Urgewald, 350 Japan

Gas in Mozambique: A windfall for the industry, a curse for the country

France thrusts Mozambique into the fossil fuel trap
NGO document
2020-06-24 00:00:00 | Les Amis de la Terre France, Friends of the Earth International, JA! (Friends of the Earth Mozambique)

Annual integrated report 2019

Annual report
2020-05-19 00:00:00 | Crédit Agricole

CSR sector policy coal-fired power plants

Bank policy
2020-03-31 00:00:00 | Crédit Agricole

CSR Sector Policy - Transport infrastructure

Bank policy
2020-03-31 00:00:00 | Crédit Agricole

Banking on Climate Change - Fossil Fuel Finance Report 2020

BankTrack publication
2020-03-18 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club

Letter from BankTrack to Crédit Agricole on the bank's progress on its fossil fuel finance since COP24

Correspondence
2019-12-10 00:00:00 | BankTrack

Exiting coal. Is the French finance industry on its way?

BankTrack publication
2019-11-14 00:00:00 | BankTrack, Unfriend Coal

Collective Commitment to Climate Action

Other document
2019-09-19 00:00:00 | UNEP FI Principles for Responsible Banking

Annual integrated report 2017-2018

Annual report
2019-06-24 00:00:00 | Crédit Agricole

Phasing out coal: Crédit Agricole leads by example

Other financial institutions lag behind
NGO document
2019-06-10 00:00:00 | Friends of the Earth France

Phasing out coal

NGO document
2019-06-06 00:00:00 | Les Amis de la Terre

Climate strategy press release (in English)

Other bank document
2019-06-06 00:00:00 | Crédit Agricole

Fool's Gold

The financial institutions bankrolling Europe’s most coal-dependent utilities
NGO document
2019-05-21 00:00:00 | Europe Beyond Coal

Annual General Meeting Shareholder Briefing Crédit Agricole (in French)

BankTrack publication
2019-05-21 00:00:00 | BankTrack

Annual integrated report 2018-2019

Other bank document
2019-05-16 00:00:00 | Credit Agricole

Letter from Civil Society Groups to Companies linked to Vale on Breakdown of Brumadinho tailings dam

Correspondence
2019-02-21 00:00:00 | Civil Society Groups

Letter from BankTrack and 120 organisations to Crédit Agricole on Demands FBNT campaign

Correspondence
2018-10-16 00:00:00 | BankTrack and 120 organisations

French Banks: TOTALly irreponsible in ultra-deep waters

Briefing paper
NGO document
2018-08-03 00:00:00 | Friends of the Earth France, Greenpeace France

Statement on tackling modern slavery and human trafficking

Bank policy
2018-08-01 00:00:00 | Crédit Agricole CIB

Climate commitments

Bank policy
2018-04-23 00:00:00 | Crédit Agricole

Annual integrated report 2016-2017

Annual report
2018-03-31 00:00:00 | Crédit Agricole

Policy statement new commitments on climate financing

Bank policy
2017-12-07 00:00:00 | Crédit Agricole

Letter from RAN and 13 others to 14 banks that underwrote Kinder Morgan Canada IPO on warning to finance the IPO

Correspondence
2017-06-06 00:00:00 | Rainforest Action Network et al

Crédit Agricole Fossil Bank Briefing 2017

English version
BankTrack publication
2017-05-24 00:00:00 | BankTrack, Les Amis de la Terre

Crédit Agricole Fossil Bank Briefing 2017

French version
BankTrack publication
2017-05-24 00:00:00 | BankTrack, Les Amis de la Terre

The Cirebon 2 coal power plant and the Equator Principles

BankTrack publication
2017-04-03 00:00:00 | BankTrack and Greenpeace

Annual Financial Report 2016

Annual report
2017-03-21 00:00:00 | Crédit Agricole

French Banks' Dangerous Liaisons with the Israeli Settlement Enterprise

NGO document
2017-03-10 00:00:00 | Al-Haq, Association France Palestine Solidarité, Comité Catholique contre la Faim et pour le Développement, Confédération Générale du Travail, Fair Finance France, Fédération Internationale des ligues des Droits de l’Homme and Union Syndicale SOLIDAIRES

Statement on Modern Slavery and Human Trafficking

Bank policy
2017-01-31 00:00:00 | Credit Agricole

Dirty Bankers

How HSBC is financing forest destruction for palm oil
NGO document
2017-01-17 00:00:00 | Greenpeace

Letter from Crédit Agricole to BankTrack on Dakota Access Pipeline

Correspondence
2016-12-06 00:00:00 | Crédit Agricole

Letter from 500 organisations to Credit Agricole on financing DAPL

Correspondence
2016-11-30 00:00:00 | 500 organisations

CSR Sector Policy - Coal-fired power plants

Bank policy
2016-11-01 00:00:00 | Crédit Agricole CIB

Crédit Agricole stops financing new coal - fired power plant projects

Press release
Other bank document
2016-10-26 00:00:00 | Crédit Agricole

Letter from Crédit Agricole to Les Amis de la Terre and al. on Cirebon 2 and TJB2

Correspondence
2016-10-06 00:00:00 | Crédit Agricole

Letter from BankTrack and al. to Crédit Agricole on Cirebon 2

Correspondence
2016-09-14 00:00:00 | BankTrack and al.

Crédit Agricole response to BankTrack

Other bank document
2016-09-13 00:00:00 | Crédit Agricole

Registration Document Crédit Agricole CIB 2015

Annual report
2016-07-28 00:00:00 | Crédit Agricole CIB

2015 Activity Report

Annual report
2016-07-28 00:00:00 | Crédit Agricole CIB

Corporate Social Responsibility 2014-2015

Annual report
2016-06-15 00:00:00 | Crédit Agricole S.A.

Shorting the Climate

Fossil Fuel Finance Report Card 2016
BankTrack publication
2016-06-14 00:00:00 | BankTrack, Rainforest Action Network, Sierra Club, Oil Change International

Crédit Agricole Coal Bank Briefing 2016

BankTrack publication
2016-05-19 00:00:00 | BankTrack, Les Amis de la Terre France

Annual Financial Report 2015

Registration document
Annual report
2016-03-17 00:00:00 | Crédit Agricole S.A.

Human Rights Impact Briefing #1:Labour standards violations in IOICorporation’s Malaysian plantations

BankTrack publication
2016-02-16 00:00:00 | BankTrack

CSR sector policy - real estate

Bank policy
2015-12-31 00:00:00 | Crédit Agricole CIB

CSR Sector Policy - Forestry & Palm Oil

Bank policy
2015-12-02 00:00:00 | Crédit Agricole CIB

The Plomin C Coal Plant: Analysis of compatibility with Crédit Agricole energy policies

NGO document
2015-09-10 00:00:00 | By Pippa Gallop (CEE Bankwatch) and Lucie Pinson (Les Amis de la Terre)

Crédit Agricole Coal Bank Briefing 2015

French version
BankTrack publication
2015-05-20 00:00:00 | BankTrack, Friends of the Earth France

Crédit Agricole Coal Bank Briefing 2015

English version
BankTrack publication
2015-05-20 00:00:00 | BankTrack, Friends of the Earth France

The end of coal?

2015 Coal Finance Report Card
BankTrack publication
2015-05-04 00:00:00 | BankTrack, Rainforest Action Network, Sierra Club

Corporate Social Responsibility Report 2013-2014

Annual report
2015-03-23 00:00:00 | Crédit Agricole

Annual Report 2014

Annual report
2015-03-23 00:00:00 | Crédit Agricole S.A.

Banking on Coal 2014

BankTrack publication
2014-10-29 00:00:00 | BankTrack

Dirty Profits III

Reporting on Companies and Financial Institutions Benefiting from Violations of Human Rights 
NGO document
2014-10-01 00:00:00 | Facing Finance

Arms and defense sector policy

Bank policy
2014-07-29 00:00:00 | Crédit Agricole

Letter from BankTrack to signatory banks on Green Bond Principles

Correspondence
2014-04-09 00:00:00 | BankTrack

CSR Report 2012 - 2013

Annual report
2014-01-01 00:00:00 | Crédit Agricole S.A.

Annual Report 2013

Annual report
2014-01-01 00:00:00 | Crédit Agricole S.A.

Letter from Les Amis de la Terre + FoEE to Crédit Agricole on Sime Darby & fires in Indonesia

Correspondence
2013-07-11 00:00:00 | Les Amis de la Terre + FoEE

The financing of Sime Darby by European financial institutions. A profundo research

NGO document
2013-06-18 00:00:00 | Profundo

Sime Darby and land grabs in Liberia

French banks financing land grabbing
NGO document
2013-04-17 00:00:00 | Friends of the Earth Europe

Annual report 2012

Annual report
2013-03-22 00:00:00 | Crédit Agricole S.A.

French financial institutions energy guidance notes

Other bank document
2013-02-05 00:00:00 | ORSE

Letter from Les Amis de la Terre + FoEE to Crédit Agricole on Investment in Sime Darby

Correspondence
2013-01-23 00:00:00 | Les Amis de la Terre + FoEE

CSR Sector Policy - Hydropower

Bank policy
2012-12-20 00:00:00 | Crédit Agricole CIB

Worldwide investments in Cluster munitions, a shared responsibility

NGO document
2012-06-20 00:00:00 | IKV Pax Christi & FairFin

Bankrolling climate change

A look into the portfolios of the world`s largest banks
BankTrack publication
2011-11-30 00:00:00 | urgewald, BankTrack, Groundwork

Credit Agricole Cluster Munitions Investments

Other document
2011-05-25 00:00:00 | Netwerk Vlaanderen & IKV Pax Christi

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

Correspondence
2010-12-18 00:00:00 | Banktrack

Nuclear Banks, No Thanks!

BankTrack publication
2010-05-25 00:00:00 | Greenpeace, urgewald, BankTrack, other NGOs

Close the Gap

Benchmarking investment policies of international banks
BankTrack publication
2010-04-27 00:00:00 | BankTrack

Credit Agricole CIB cluster munitions investments

Other document
2010-04-01 00:00:00 | Netwerk Vlaanderen, IKV PAX Christi

Summary Table 'Hall of Fame and runners-up'

NGO document
2010-04-01 00:00:00 | Netwerk Vlaanderen, IKV PAX Christi

Credit Agricole CIB cluster munitions financing

Other document
2009-10-01 00:00:00 | Netwerk Vlaanderen et. al.

Worldwide investments in CLUSTER MUNITIONS, a shared responsibility

NGO document
2009-10-01 00:00:00 | Netwerk Vlaanderen, et. al.

The 2008 Sustainable Development Compendium

Other bank document
2009-05-01 00:00:00 | Credit Agricole CIB

Meek Principles for a Tough Climate

Why the Climate and Carbon Principles will not stop the melting of the ice
BankTrack publication
2009-03-01 00:00:00 | BankTrack

French insurances : guaranteed climate change?

NGO document
2008-12-10 00:00:00 | Les Amis de la Terre

Assurances françaises : changements climatiques garantis?

NGO document
2008-12-10 00:00:00 | Les Amis de la Terre

Assurances françaises : changements climatiques garantis?

NGO document
2008-12-10 00:00:00 | Les Amis de la Terre

Letter from Credit Agricole to Amnesty International on Investments in the arms industry

Correspondence
2008-02-01 00:00:00 | Credit Agricole

Profiles of European Banks

NGO document
2008-01-11 00:00:00 | Ceres

Environnement: Comment choisir ma banque?

NGO document
2007-03-06 00:00:00 | Les amis de la Terre

Usine Botnia (Uruguay): Risques majeurs pour le Crédit Agricole

NGO document
2006-12-01 00:00:00 | Les Amis de la Terre

20 propositions pour l'environnement au Crédit Agricole

NGO document
2006-09-29 00:00:00 | Les Amis de la Terre

Banques françaises et environnement : presque tout reste à faire

NGO document
2006-03-06 00:00:00 | Les Amis de la Terre
Accountability
Grievances
Response tracking

Crédit Agricole does not operate a complaints channel for individuals and communities that may be adversely affected by its finance.

Stakeholders may raise complaints via the OECD National Contact Points (see OECD Watch guidance).

Crédit Agricole is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.

This page evaluates Crédit Agricole's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
Banks and Dirty Diesel: Vitol and Trafigura (May 2017)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank publicly responded citing client confidentiality.
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
BankTrack Human Rights Briefing, May 2017
Banks profiting from the construction and hotel boom in Qatar (November 2022)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank responded publicly but did not speak to the substance of the issues raised nor did it acknowledge a link to the impacts raised; rather, it referenced its relevant human rights policies and procedures.
Action
0
Out of 1
Rationale for score
The bank does not indicate whether it plans to engage or has already engaged its clients or investee companies on this issue.
Monitoring
0
Out of 1
Rationale for score
No information to indicate the bank is monitoring the actions of its clients, or actions it might itself have taken in response to the impacts raised.
More info
"No Questions Asked: Profiting from the construction and hotel boom in Qatar " report, November 2023
Complicity in Destruction IV: Mining and Indigenous Rights in the Amazon (March 2022)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank refutes the findings of the report, but it is not clear why. It does not confirm or deny its finance for the mining companies included in the report, for which it is the largest financier identified. Its response neither acknowledges its link to the impacts, nor details specific actions taken, and is therefore not sufficient to score.
Action
0
Out of 1
Rationale for score
No action taken is detailed in the response.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
"Investment funds injected US$ 54.1 billion into mining companies with interests in Indigenous territories in the Amazon", February 2022
Deforestation in the Amazon (July 2019)
0.5
0.5
0
0
Dodgy Deal profile
Response
0.5
Out of 1
Rationale for score
The bank publicly responded confirming its link to the company. It did not comment on or respond to the substance of the issues raised.
Action
0
Out of 1
Rationale for score
The bank did not outline any engagement with the company nor provide detail on whether it had taken any appropriate action itself. According to the bank, the company (Louis Dreyfus) "communicates on a very pro-active CSR policy" and the bank is "therefore comfortable with the financing we provide to the companies mentioned in the Amazon Watch report".
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
Business and Human Rights Resource Centre, 2019
Don't Buy into Occupation report (November 2022)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank responded publicly but without acknowledging the bank's link to the impact. Instead, the bank refuted the allegations and its links to the impacts raised.
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information to indicate the bank is monitoring the actions of its clients, or actions it might itself have taken in response to the impacts raised.
More info
"Don't Buy Into Occupation" report, November 2022
Don't Buy into Occupation report (September 2021)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank responded citing client confidentiality
Action
0
Out of 1
Rationale for score
The bank does not develop on the allegations because of client confidentiality. The bank only states to comply with ESG standards and that their business partners do too.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.

Following the bank's response: The bank has not provided details on how it monitored the progress of specific companies or how the bank monitored the impact on rights-holders involved in raising the issue with the bank of its own action of updating the Agriculture sector policy. Therefore, the score remains unchanged.

More info
"Don't Buy Into Occupation" report, Sept 2021
IOI Corporation labour standards violations (February 2016)
1
0.5
0.5
0
Dodgy Deal profile
Response
0.5
Out of 1
Rationale for score
The bank publicly responded acknowledging its link to the company. Whilst the bank references some RepRisk reports on the company resulting in it being "internally downgraded", it does not comment on or respond to the substance of the issues raised.
Action
0.5
Out of 1
Rationale for score
The bank excluded the company from its SRI (socially responsible investment) funds in response to the issues identified. However, this action does not prevent or mitigate the adverse impacts identified, as the bank still holds shares via its other ("non-socially-responsible") funds, therefore only a half point is awarded.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
BankTrack Human Rights Briefing, February 2016
Myanmar: Equity exposure to companies linked to the military regime (October 2021)
1.5
1
0.5
0
Dodgy Deal profile
Response
1
Out of 1
Rationale for score
The bank responded publicly to the Business and Human Rights Resouce Centre by commenting to the substance of the issues raised and acknowledging that its asset management branch, Amundi, has indirect exposure to Myanmar through investment in international companies with operations in the country.
Action
0.5
Out of 1
Rationale for score
The bank stated that Amundi has initiated engagement with certain companies mentioned in the report, notably "a French based Oil & Gas company". The bank also commented on the nature of its engagement but it did not set out further steps required from its client or taken by the bank to address the impacts raised.
Monitoring
0
Out of 1
Rationale for score
No information available about whether the bank monitored progress.
More info
Myanmar: Report alleges banks hold shares in companies affiliated with military junta & its conglomerates, July 28, 2021
UN human rights complaint regarding Saudi Aramco and its financiers (July 2023)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank responded publicly but it did not acknowledge a link to the impacts raised or to the company in question.
Action
0
Out of 1
Rationale for score
The bank did not provide information on whether it has engaged with its client or took appropriate action on the impacts raised. In its response, the bank outlined its approach to climate change and human rights more broadly.
Monitoring
0
Out of 1
Rationale for score
No information available on whether the bank monitored progress.
More info
, ClientEarth, UN warns Aramco and its financiers over their role in driving climate-fuelled human rights violations, June 2023
Rio Tinto's Jadar mine, Serbia (December 2021)
0
0
0
0
Dodgy Deal profile
Response
0
Out of 1
Rationale for score
The bank did not respond.
Action
0
Out of 1
Rationale for score
No information available on whether the bank engaged with its client or took appropriate action.
Monitoring
0
Out of 1
Rationale for score
No information to indicate the bank is monitoring the actions of its clients, or actions it might itself have taken in response to the impacts raised.
More info
Letter to financiers of Rio Tinto, December 2021
ArcelorMittal steel impacts (June 2024)
1
0.5
0.5
n/a
Dodgy Deal profile
Response
0.5
Out of 1
Rationale for score
The bank responded publicly acknowledging that ArcelorMittal is a client of theirs, but without speaking to the substance of the issues raised.
Action
0.5
Out of 1
Rationale for score
The bank stated that it has engaged with ArcelorMittal on the impacts raised. However, it did not set out how it has exercised its leverage or taken any further steps to address the impacts.
Monitoring
n/a
Rationale for score
The impact was not raised over a year ago and therefore is not scored on monitoring progress.
More info
See the summary of bank responses here. See this bank's response here.
Average
91%
0.36
0.23
0.14
0
Banks and Climate

Banks and Climate

The 2024 Banking on Climate Chaos report showed that Crédit Agricole provided US$ 126.779 Billion in financing to the fossil fuel industry between 2016 and 2023. In 2023 only, Crédit Agricole provided US$ 5.064 Billion for oil, gas and coal companies expanding fossil fuels. Find further details on Crédit Agricole fossil fuel portfolio and how it compares to other large banks globally on Fossil Banks No Thanks and in the Banking on Climate Chaos report.

Fossil fuel finance data Crédit Agricole

Banking on Climate Chaos fossil fuel finance date

Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Crédit Agricole's fossil fuel policy below.

Assessment of Crédit Agricole in the Coal Policy Tool

Assessment of Crédit Agricole in the Oil and Gas Policy Tracker
Banks and Human Rights

Banks and Human Rights

BankTrack assessed Crédit Agricole in its 2022 Global Human Rights Benchmark, where it achieved 4 points out of 14 and was ranked as a follower. In addition, Crédit Agricole scored 0.2 out of 3 on how it responds to alleged human rights violations linked to its finance, which were raised by civil society organisations. More information is detailed in the "Accountability" section of this profile.

The BankTrack Human Rights Benchmark

Global Human Rights Benchmark 2022

BankLast update
Country
Score
Ranking
Details
Crédit Agricole
FRA
4
Follower 4
Explanation
Laggard
Follower
Front runner
Leader
0 - 3 points
3.5 - 6.5 points
7 - 10 points
10.5 - 14 points
For more details see this page.
Banks and Nature

Banks and Nature

Crédit Agricole’s policies for forest-risk sectors (beef, soy, palm oil, pulp and paper, rubber and timber) have been assessed by the Forests & Finance coalition, achieving an overall score of 5.2 out of 10 and ranking it as a front runner. Crédit Agricole achieved a score of 1.7 out of 10 specifically for its policies related to the beef sector and 5.4 out of 10 for its policies related to the palm oil sector. In addition, BankTrack and the Environmental Paper Network have assessed Crédit Agricole’s policies related to the pulp and paper sector. 

Between 2016 and 2022, Crédit Agricole provided USD 1,742 million in credit to companies operating in these forest-risk sectors.

BankTrack has also assessed Crédit Agricole’s policies related to the wood biomass sector and found that biomass is not mentioned in its policies and no safeguards or exclusions are in place for wood biomass. For more information, see the links below. 

Forests & Finance

Banks and beef

Banks and palm oil

Banks and pulp & paper

Banks and biomass

Forest & Finance Policy Assessment 2022: Overall scores

BankLast update
Country
Score
Ranking
Details
Crédit Agricole
2022-09-21
FRA
5.2
Front runner 5.2
Explanation

A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.

Forest & Finance Policy Assessment 2022: Beef

BankLast update
Country
Score
Ranking
Details
Crédit Agricole
2022-09-21
FRA
1.7
Follower 1.7
Explanation

A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.

Forest & Finance Policy Assessment 2022: Palm Oil

BankLast update
Country
Score
Ranking
Details
Crédit Agricole
2022-09-21
FRA
5.4
Front runner 5.4
Explanation

A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:

Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
Tracking the NZBA

Tracking the Net Zero Banking Alliance

Crédit Agricole is a member of the Net Zero Banking Alliance (NZBA) and has therefore committed to reduce its financed emissions to net zero by 2050; within 18 months of joining the alliance set interim targets for 2030 (or sooner) for high emission priority sectors, and within 36 months set further sector targets; set new intermediary targets every 5 years from 2030 onwards; annually publish data on emissions and progress against a transition strategy including climate-related sectoral policies; and take a robust approach to the role of offsets in transition plans. BankTrack track's implementation of these commitments in the NZBA compliance tracker.

Tracking NZBA banks commitments
Banks and Russia

Banks and Russian Aggression in Ukraine

BankTrack is keeping track of the public response of Crédit Agricole to Russia's illegal invasion of Ukraine. Crédit Agricole's position on the war is unclear. Crédit Agricole is considered by Leave-Russia.org to be "scaling back" its operations in Russia. We categorise its exposure to Russia as moderate with over $4.6bn of financial assets. Crédit Agricole supports the Russian fossil fuel industry through investments, loans, and underwriting. For further details, see the table linked below.

Bank responses to Russia's invasion of Ukraine
Banks and Steel

Banks and Steel

Credit Agricole is a member of the Sustainable Steel Principles. This means it has committed to measuring and disclosing its steel-related financed emissions on an annual basis, and reporting its alignment with the International Energy Agency’s Net Zero by 2050 pathway for the steel industry. 

As part of the Net Zero Banking Alliance (NZBA), Credit Agricole is required to set interim targets for 2030 for high emission priority sectors. For Credit Agricole, this includes its lending to the steel sector. You can see Credit Agricole’s iron and steel decarbonisation targets, and its progress towards meeting them in our NZBA steel targets compliance tracker:

NZBA Iron & Steel Targets

Partner organisation Reclaim Finance’s 2023 report on metallurgical coal financing showed that Crédit Agricole provided US$ 3.7 billion in loans and underwriting to developers of new metallurgical coal between 2016 and 2022. Find further details on Crédit Agricole’s metallurgical coal financing and and how it compares to other large banks globally in the report.

Reclaim Finance tracks the metallurgical coal policies of financial institutions, including banks, in their Coal Policy Tool. BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Crédit Agricole’s metallurgical coal policy below.

According to a report by Reclaim Finance, between 2016 and June 2023, Crédit Agricole provided $7.8 billion in finance to the fossil-steel industry, making it the 13th largest financier worldwide. Finf further details on Crédit Agricole's steel financing and how it compares to other large banks globally in the report.

Metallurgical Coal Financing: Time to call it off 2023

Coal policy tool

Steeling our future: The banks propping up coal-based steel