Tag: banks

Seen 60 Minutes? Now put pressure on CBA and ANZ to adopt zero tolerance to land grabs

Together, we’ve been campaigning for six months to have Australia’s Big 4 Banks change their policies to land grabs. In the past two weeks both NAB and Westpac have taken steps to reduce their risk of backing companies involved in land grabs. Now, the pressure is on the Commonwealth Bank of Australia and the ANZ Bank.

Hundreds of hours spent researching finance links

Over the course of a year, Oxfam has spent hundreds of hours researching and documenting links between Australia’s big banks and multinational agriculture and timber businesses that are land grabbing in some of the world’s poorest communities. Since our report was issued both the NAB and Westpac have developed policies to better respond to the issue of land grabs.

Why I wrote to my Bank

There’s something special about children’s movies that resonates in all of us……it’s the narrative that evil will never prevail…. Inevitably when growing up, deciding who the “bad guy” or the “bad thing” is becomes a little more complicated, especially when religion, ideologies and cultural traditions can dictate what we perceive as being good. But some […]

ANZ shirks human rights responsibilities in Cambodia

On 5 July we heard that Cambodia’s Phnom Penh Sugar – a company implicated in various human rights abuses including forced evictions, food shortages and child labour – has suddenly repaid its loan to ANZ. ANZ now claims that it has no responsibility to support justice for affected communities, despite financing a notorious sugar plantation […]

ANZ’s feeble response on the back of bumper profits

In response to the allegations made in Oxfam Australia’s report, Banking on Shaky Ground, the ANZ bank has responded with a disappointing series of feeble denials. In the face of specific and well substantiated allegations of support for companies that are land grabbing, providing inadequate compensation and employing child labour, the ANZ has replied saying […]

The big four banks and land grabs: be heard on social media

Is your bank involved in land grabbing in some of the poorest communities overseas? Oxfam’s report, Banking on Shaky Ground, details four case studies involving each of the big four banks; these outline personal stories of those affected by land grabs. We have stories from across the world, including nineteen-year-old Christophilda who lives in Turubu Bay […]

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