Press Room

In The News

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 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.
April 8, 2022
ABS-CBN News
Environmental advocates have held a coordinated protest to demand climate reparations and immediate action from the World Bank’s private sector arm, International Finance Corporation, and Rizal Commercial Banking Corp.
April 6, 2022
Responsible Investor
Munich Re has ruled out insuring the East African Crude Oil Pipeline.
April 5, 2022
Eco-Business
Funds marked as socially and environmentally responsible by ESG ratings providers aided Putin’s invasion of Ukraine, and global investors and finance groups are bankrolling the ongoing war. Asian banks finance one third of Russia’s fossil fuel industry.
March 15, 2022
Les Echos
Au nom de la défense des valeurs occidentales, les sociétés de gestion n’ont pas hésité à exclure la Russie de leurs portefeuilles, même si elles restent investies en Chine.
March 13, 2022
Capital Aberto
War between Russia and Ukraine sparks debate over ESG gray areas
March 12, 2022
Mizzima
Companies with ties to Myanmar’s military are benefitting from over $13 billion in ESG-labeled investments, according to financial records and other information compiled and published this week by Inclusive Development International and ALTSEAN-Burma.
March 11, 2022
Financial Times
Plus, Myanmar’s foreshadow for Russia and a bit of good news from Uzbekistan