Photo: BankTrack

BankTrack operates strictly independent from the banking sector and does not take any support from any bank. We finance ourselves through grants from private foundations and the occasional donation from individuals. As per October 2024, our funding sources are:

• The Customer Union for Ethical Banking provides a grant to support work focused on the Cooperative Bank (EUR 2,340 in 2024);
• The Ecology Trust supports our Nature campaign (EUR 36,300);
• The European Climate Foundation supports two projects on steel and coal finance (EUR 200,000 for 2024);
• The KR Foundation supports our Banks and Climate campaign (EUR 150,000 in 2024);
• The Rockefeller Brothers Fund supports our work with a general-purpose grant (USD 50,000 for 2024);
• The Sunrise Project is supporting our Banks and Climate campaign (EUR 120,000 for 2024);
• The Tilia Fund supports our work with a general-purpose grant (EUR 185,000 for 2024, tbc);
• The 11th hour project of the Schmidt Foundation supports our Banks and Human rights campaign work with a project grant (USD 110,000 in total for 2024);
• The Minderoo Foundation is supporting a pilot project on plastic finance (EUR 35,000);
• The Open Society Foundations supports a project on banks and conflict zones (USD 60,000).

More applications are pending and will be published on this page once secured.

For more information on our financial situation please see our 2023 Financial Report.

Help us expand our work

Our budget never matches our huge ambitions. Despite working very cost effective, we are always short of funds to implement the many campaign plans we have. For example, with more funds we could:

• Strengthen our Banks and Nature team with extra campaigners, to take on bank finance for industrial meat, for biomass and for pulp and paper, and push more banks to help protect nature.
• Strengthen our Banks and Climate team with extra campaigners, to pressure banks to finance the energy transition, away from fossil fuels, towards true energy solutions.
• Expand the scope of our Human Rights Benchmark, so that more banks are pressed to respect human rights when financing clients.
• Stop more Dodgy Deals from being financed, by hiring staff to conduct field research on impacts, and engage in sometimes years long campaigns to block bank finance for these projects.
• Expand our monitoring of, and engagement with voluntary bank initiatives as the Equator Principles, the Principles for Responsible Banking, and the Net Zero Banking Alliance; initiatives that promise a lot but deliver very little without external pressure.
• Ensure the continuation of our Plastic Banks Tracker, a pilot project which now risks being cancelled right after its first launch in October 2024.
• Hire a communications manager, to strengthen our capacity to broadcast our message.
• etc.

If you are a funder and value our work, please contact Johan Frijns, BankTrack director, at  johan@banktrack.org. We love to talk with you about our plans and how you may contribute to make them work.

In case you want to support our work right now please check the options here.

We gratefully acknowledge the support of all our funders for making our work possible.