Latest Research & Updates
Greenwashing the Amazon
This report examines how the environmental and social risk management (ESRM) policies of the top banks financing oil and gas extraction in Amazonia fail to fully address the adverse impacts of their financing on people and nature. Over the past 20 years, just six banks – Citibank, JPMorgan Chase, Itaú Unibanco, Santander, Bank of America, and HSBC – are responsible for almost half (46%) of all direct financing for oil and gas operations in Amazonia.
Capitalizing on Collapse
Capitalizing on Collapse, the report authored by award-winning researchers at Stand.earth Research Group, details how JPMorgan Chase, Itaú Unibanco, Citibank, HSBC, Banco Santander, Bank of America, Banco Bradesco, and Goldman Sachs provided over $11 billion USD in financing to Amazon oil and gas activities over the past 15 years, from 2009 – 2023. These banks are responsible for 55% of the estimated $20 billion USD total that can be traced directly to the region, while making up just 5% of the banks in the database.
Press Coverage
Press contact: media@stand.earth