Press Room
News & Updates
Commentaries
In The News

June 10, 2022
Revised action plan should include concrete commitments to ensure accountability and remedy for harms stemming from overseas investment.

May 26, 2022
The landmark human rights case will now move forward, increasing pressure on the company and its buyers.

May 26, 2022
More than 100 organizations are calling on states and the UN system to enact agrarian reforms to realize the right to land.

May 4, 2022
La siguiente fase de la iniciativa “Follow the Money” de Inclusive Development International incluye nuevas guías en línea, herramientas de seguimiento de datos financieros y formación para las personas defensoras a nivel global sobre cómo investigar y responsabilizar a las empresas por los abusos de los derechos humanos.

May 4, 2022
La prochaine phase de l’initiative ” Follow the Money ” (Suivez l’argent) d’Inclusive Development International comprend de nouveaux guides en ligne, des outils de recherche de données financières et une formation pour les défenseurs mondiaux sur la façon d’enquêter et de rendre les entreprises responsables des violations des droits humains.

May 4, 2022
The next phase of Inclusive Development International’s “Follow the Money” initiative includes new online guides, financial data tracking tools and training for global advocates on how to investigate and hold corporations accountable for human rights abuses.

April 28, 2022
New Law Includes Obligation to Address Abuses in Battery Supply Chains.

April 26, 2022
Dutch asset management company, ACTIAM, confirmed this week in an interview with The Guardian that it pulled all investments from TotalEnergies and placed the company on an exclusion list over concerns about its controversial East African Crude Oil Pipeline (EACOP) project.

April 11, 2022
Allianz, one of the world’s largest oil and gas insurers, is the seventh insurer to commit not to insure the East African Crude Oil Pipeline (EACOP), following recent statements from Munich Re, Hannover Re and SCOR.

April 8, 2022
The Bank’s private lending arm has been asked to provide reparations for serious social and environmental impacts and to implement reforms to prevent a repeat disaster.
May 9, 2022
aaron pedrosa, David Pred, kate geary
In July 2016, environmental activist Gloria Capitan was brutally killed in front of her 8-year-old grandson in the Bataan province of the Philippines, allegedly due to her anti-coal advocacy as the leader of the Coal-Free Bataan Movement. Climate change is perhaps the biggest threat that humanity faces, yet the people who devote their lives to this cause are under attack.
March 21, 2022
David Pred, Natalie Bugalski
ESG-labeled funds have exploded in popularity in recent years, hitting $3.9 trillion in assets under management last year. Driven by marketing claims that ESG is a way for investors to align their money with their values, it’s now the fastest growing sector of financial services. But these funds are littered with companies with appalling records.
February 4, 2022
David Pred, Natalie Bugalski
The UK government body charged with enforcing the OECD’s standards on responsible business conduct called out the sugar industry’s sustainability association last month for admitting a company responsible for gross human rights abuses.
December 16, 2021
Dustin Roasa
Examples like this don’t just undermine the credibility of ESG. They also make it much more difficult for victims of corporate abuse to secure accountability.
October 27, 2021
Mark Bo, Natalie Bugalski
When the Asian Infrastructure Investment Bank (AIIB) was first announced by China in 2013, a flurry of speculation erupted around which countries would join and how closely the new institution would follow the path trodden by traditional multilateral development banks such as the World Bank.
October 18, 2021
Mark Bo
In September 2020, Chinese President Xi Jinping announced in a speech to the UN General Assembly that China aimed to hit peak carbon emissions by 2030 and achieve carbon neutrality before 2060 (Xi 2020).
June 24, 2021
Coleen Scott, Sarah Jaffe
For too long, consumer brands have sourced raw materials from abusive companies. With mandatory due diligence laws on the horizon in Europe, communities will finally have the opportunity hold brands accountable for violations in their supply chains.
May 14, 2021
Mark Bo, Natalie Bugalski
The Asian Infrastructure Investment Bank wants to mobilise private capital to meet infrastructure needs. But by harnessing the capital markets, the bank is entering dangerous territory – and putting people and the environment at risk.
May 11, 2021
Mark Bo
In early 2020, Cambodian authorities fast-tracked approval of two new coal plants. Soon after, they also signed a memorandum of understanding with the Lao Government committing to purchase energy imports from two proposed coal plants in southern Laos.
January 28, 2021
Dustin Roasa, Tongam Panggabean
China has recently tightened its mining safety regulations, but they don’t apply to Chinese-owned mines overseas.
June 22, 2022
African Arguments
Activists have convinced 20 big banks not to finance the controversial oil project leaving its fate in the balance.
June 12, 2022
Rappler
Despite the World Bank’s 2013 pledge to stop funding coal, IFC lending via commercial banks and other financial intermediaries continues to allow backdoor support for coal projects like those in Bataan.
May 29, 2022
The East African
In a week when seven more financiers publicly distanced themselves from backing the East African Crude Oil Pipeline (Eacop), executives from the Ugandan government and oil companies remained confident that the financing package for the project — which is key to the commercialisation of Uganda’s oil — is on the home stretch and will be tied up in two months.
May 19, 2022
The Bureau of Investigative Journalism
Four months after starting work at Marsh McLennan, a young woman stood up in a ballroom where hundreds of employees had gathered for an away day and asked what the company was going to do about its fossil fuel work.
May 19, 2022
Financial Times
Marsh McLennan is arranging insurance coverage for a controversial east African oil pipeline.
April 14, 2022
Responsible Investor
S&P Global gave a top sustainability award and a perfect score on human rights to Thai sugar giant Mitr Phol despite being repeatedly warned that the company was linked to land-grabbing and involuntary resettlements.
April 13, 2022
Associated Press
MOMBASA, Kenya (AP) — Climate activists — including influential campaigners Vanessa Nakate and Hilda Nakabuye — are urging more banks and insurers not to back the controversial $5 billion East African Crude Oil Pipeline that is primed to transport oil from the Hoima oilfields in Uganda to the Tanzanian coastal city of Tanga.
April 12, 2022
Financial Times
In the middle of the savannah grassland, a warthog looks on as a bulldozer levels the red earth.
April 11, 2022
The Philippine Star
Rizal Commercial Banking Corp. (RCBC) has reiterated that it has stopped all lending to coal-fired power plants as early as 2020 in response to the investigation of the investments of International Finance Corp. (IFC) in the bank.
April 11, 2022
Eco-Business
An independent watchdog has asked the bank’s private sector arm to pay reparations for serious social and environmental impacts from at least 10 new coal-fired power plants it has bankrolled over the past decade.