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  • HSBC
    • HSBC’s dirtiest deals report
    • HSBC can stop the State Bank of India from funding the Adani Carmichael mine. But will it?
    • HSBC-linked new coal plants will cause 19,000 air pollution deaths per year
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    • Standard Chartered at the B20 summit
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Solidarity with Ukraine, and shame on HSBC and other UK institutions

Solidarity with Ukraine, and shame on HSBC and other UK institutions

2 March 2022 | News, Press release

Market Forces stands in solidarity with the people of Ukraine, who have been subjected to a brutal and illegal invasion perpetrated by the Russian military.  We are also appalled that governments and financial institutions are invested in Russian companies –...

Half of Standard Chartered’s fossil fuel finance not covered by climate targets, as bank releases Annual Report

17 February 2022 | News, Press release

A protester outside a Standard Chartered office in Jakarta, Indonesia, March 2021. Photo credit: 350.org New briefing shows Standard Chartered’s fossil fuel policy applies to only around half of bank’s 2020 fossil fuel financingStandard Chartered still willing to...

Standard Chartered’s new climate policy aims for failure

28 October 2021 | News, Press release

Policy fails to rule out oil and gas expansion, as required by the IEA’s Net Zero by 2050 scenario,Major coal mining clients to continue to enjoy Standard Chartered’s financing,Market Forces-coordinated shareholder resolution stands, and will go to StanChart AGM...
Standard Chartered shareholders challenge bank to live up to net zero promise on fossil fuels

Standard Chartered shareholders challenge bank to live up to net zero promise on fossil fuels

7 October 2021 | News, Press release

Shareholders file climate resolution as StanChart CEO co-chairs  Sustainability Council of G20 business summit (B20)Resolution calls on bank to match ‘net zero by 2050’ rhetoric with action and end the bank’s misaligned financing of fossil fuelsInternational...

UK banks competing in ‘Race to Disaster’ ahead of UN Climate talks

19 August 2021 | News, Press release, Uncategorized

HSBC and Barclays neck-and-neck for funding fossil fuels this year so far – funding US$4.5 billion and $4.4 billion respectively in fossils – despite climate pledges. The top UK fossil-funding banks – Barclays, HSBC and Standard Chartered –...
HSBC AGM 2021 – dodging questions and continuing climate destruction

HSBC AGM 2021 – dodging questions and continuing climate destruction

28 May 2021 | News, Press release

Question gymnastics were the order of the day at HSBC’s 2021 Annual General Meeting, as the bank’s management dodged their way out of answering seemingly endless climate questions from shareholders. The run-up to the AGM had been rough for HSBC, with the bank being...
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Recent Posts

  • Standard Chartered AGM – shareholders rebel against management on climate change
  • ANALYSIS: Standard Chartered funds fossil fuel projects in 2021 that will emit five times the entire UK’s annual emissions
  • Standard Chartered Bank hit with protests on opposite sides of the world as AGM vote on ending fossil fuel expansion finance approaches
  • London-based financial services company GLAS latest to risk shattering its reputation on Adani’s coal project
  • Net zero vs zero ambition – the choice at Standard Chartered AGM

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  • London-based Convex Insurance could insure one of the most environmentally destructive projects on Earth – Market Forces UK #StopAdani #StopEcocide #auspol #NoNewCoal Stop stealing our children’s future! – Climate Action Australia on London-based Convex Insurance could insure one of the most environmentally destructive projects on Earth

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About Market Forces

Market Forces believes that the banks, pension funds and governments that have custody of our money should use it to protect not damage our environment.

Our work exposes the institutions that are financing environmentally destructive projects and helps people to hold these institutions accountable. We work with the community to prevent investment in projects that would harm the environment and drive global warming.

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