ANZ sets human rights precedent in settlement with communities displaced by company it financed
Australian bank will give some profit from loan to affected parties
In a landmark settlement, Australia’s ANZ Bank has agreed to pay a financial package to families in Cambodia forcibly displaced by a sugar company it loaned money to in 2011.
Observers say it sets an important precedent for the banking industry and demonstrates that the OECD’s hum…
You must have a SUBSCRIPTION or FREE TRIAL to view this PAID content.
Already got a Subscription or Free Trial?
Not got a Subscription or Free Trial?
Sign up for a Free Trial here to access this PAID content.
One Free Trial per user; if your Free Trial has expired, please email subs@responsible-investor.com.
- tagged with:
- ANZ
-
-
Nov 18th, 2020
Daily ESG Briefing: Invesco launches in-house ESG ratings
-
