Eerlijke Bankwijzer

Dutch banks invest billions in battery farm chickens

Feb 28 '18 09:40
Business

Large Dutch banks invested billions in the meat industry over the past years, and a large part of that money went to companies where animal welfare is not in order, according to a new report by Eerlijke Bankwijzer. These include companies that sell battery farm chickens, keep their sows locked up in cages, or slaughter animals in controversial ways, RTL Nieuws reports.

The Eerlijke Bankwijzer, or Fair Bank Guide, looks at whether Dutch banks invest their money responsibly. Amnesty International, FNV, Mileudefensie and Oxfam Novib, among others, contribute to it.

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ING, Rabobank accused of funding granite companies that use child labor

Dec 14 '17 07:26
BusinessCrime

ING and Rabobank provided loans to three Dutch importers who purchase granite from quarries that use child labor, according to research from banking watchdog the Eerlijke Bankwijzer, RTL Nieuws reports.

Profundo did this study on behalf of the watchdog based on previous research that found that labor rights and human rights are often violated in the mining of granite, including the use of child labor. Dutch importers buy granite from Indian quarries where such abuses occur.

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ING, Rabobank investments in Russian coal firm “appalling”: bank watchdog

Apr 25 '16 10:51
Business

Dutch banks ING and Rabobank jointly invested 218.6 million euros in Russian coal firm SUEK in February of this year, according to bank watchdog Eerlijke Banwijzer. The watchdog finds the investments "appalling" and calls on both banks to stop investing in coal producers.

Report: Dutch banks invested $27 billion in fossil fuels

Nov 5 '15 09:36
BusinessNature

Dutch banks invested a massive 27 billion dollars in fossil fuel companies over the past five years. This accounts for 77 percent of the total investments in energy.

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Report: Dutch banks investing in nuclear weapons, arms programs

Jul 7 '15 09:59
Business

A number of Dutch banks are not fully complying with the commitments they made to improve the sustainability of their investments. Some banks are still investing in nuclear weapons and arms programs.

Clients ditch ABN Amro, ING over executive salaries: Triodos bank chief

Mar 24 '15 16:10
Business

Triodos Bank is expected to benefit significantly from the social outcry that followed last week’s steep salary increases at ING and ABN Amro. a thousand new customers signed up with the bank last weekend, which is around five times the norm, a spokesman for Triodos told broadcaster NOS.

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