BankTrack News
Deutsche Bank blacklists mountaintop removal companies
2016 |
BankTrack
2016 |
BankTrack
At Deutsche Bank's shareholder meeting in May, the bank finally announced an end to its support for mountaintop removal mining (MTR). The bank had been the largest banker behind the controversial practice. Two months previously the bank announced an incremental phase-out of its MTR finance, without any timescales, which was criticised as inadequate by campaigners. The move follows years of campaigning from BankTrack alongside urgewald, Rainforest Action Network and others.