The overview below describes only controversial practices and not the positive achievements of a company in the same year. Information on positive achievements can usually be found in a company’s annual and/or sustainability report and on the company’s website. The purpose of this report is to provide additional information to shareholders and other stakeholders of a company on controversies that might or might not be detected and reported by the company itself.
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FMO fails to meet best practices on financial intermediary lending
In a new Position Statement on Financial Intermediary (FI) Lending, Dutch development bank FMO argues for limited responsibility over the outcomes of investments that are channeled through commercial banks, investment funds, and other financial intermediaries,…
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read moreEuropean Union: rules for batteries should cover bauxite, copper, iron
The European Union’s proposed batteries regulation should require importers and manufacturers to source the bauxite, copper, and iron used in batteries responsibly, a coalition of 16 organizations said today. The coalition includes Amnesty International, Earthworks,…
European Parliament approval of draft Batteries Regulation is a welcome step towards just energy transition
SOMO and GoodElectronics welcome the EU draft legislation on batteries approved on Thursday by the European Parliament and call on EU member states to agree on the text without delays or attempts to water it…
Norway and Telenor could be held responsible under international law for human rights abuses resulting from Myanmar deal: legal experts
In a legal memo released today, two renowned international law experts recommend that Telenor Group and M1 Group suspend the proposed sale of Telenor’s subsidiary in Myanmar, while they conduct suitable due diligence and allow…
Myanmar citizen files data protection complaint against Telenor for dangerous breach of privacy
A Myanmar citizen has filed a complaint at the Norwegian Data Protection Authority against telecom multinational Telenor Group, seeking to halt the dangerous transfer of control over sensitive user data in the sale of its…
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Respecting rights or ticking boxes?
Good policy paper
Re-cap: 2021 negotiations over binding treaty on business and human rights
From 25 until 29 October, states convened at the UN Human Rights Council in Geneva to negotiate on the third revised draft treaty on business and human rights. Compared to the previous draft, this text…
SOMO and Both ENDS condemn violence against Indigenous community near the Barro Blanco dam in Panama
Members of the Indigenous Ngäbe Buglé people were brutally attacked by Panamanian police on Friday 29 October 2021 on a parcel of private land near the FMO-financed Barro Blanco hydroelectric dam. The victims, all members…