Corporate responsibility

ING headquarters

Dutch bank ING to ditch climate laggards as clients

By /

Dutch bank ING will dump large clients it believes are not making sufficient progress on reducing their climate impact, in the latest sign of divergence between European and US banks over the risks of global warming. Chief executive Steven van Rijswijk said ING had put its clients on notice that it would either restrict or stop providing finance to companies that fail to address their carbon footprint on a case-by-case basis. Van Rijswijk said ING had assessed 2,000 of its largest clients based on their publicly available climate transition plans and other data. Companies had until 2026 to make sufficient progress, he said.   

Chiquita banana

Colombian victims win historic lawsuit in U.S. court over banana giant Chiquita

By /

Following 17 years of legal proceedings, victims of paramilitary violence in Colombia have obtained justice, as a jury found the banana company Chiquita Brands International liable for financing the United Self-Defense Forces of Colombia (AUC) paramilitary group. The ruling is historic because it’s the first time an American jury has held a major U.S. corporation liable for complicity in serious human rights abuses in another country. Victims’ families will receive $38.3 million in compensation.

Scroll to Top