'Blank cheques': Environmental groups sue BNP Paribas over fossil-fuel lending
Three environmental groups are suing the eurozone’s largest bank over its loans to oil and gas companies.
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Three environmental groups are suing the eurozone’s largest bank over its loans to oil and gas companies.
Climate organisations Oxfam, Friends of the Earth and Notre Affaire à Tous are suing the Eurozone's biggest bank BNP Paribas over oil and gas financing.
Oxfam, Friends of the Earth and Notre Affaire à Tous argue BNP Paribas loans to oil and gas firms breach a legally binding duty in France to ensure its activities do not harm the environment. Separately, the MENA rights group sued TotalEnergies on behalf of two people who say they were subjected to detention and torture by UAE forces at the Balhaf gas liquefaction plant operated by Yemen LNG, in which the energy major is the biggest shareholder with a 39.6% stake.
Three climate advocacy groups are filing a suit against French bank BNP Paribas for making a “significant contribution” to global warming by lending to fossil fuel companies, in what they say is the…
Friends of the Earth (Les Amis de la Terre) France, Notre Affaire à Tous and Oxfam France, who had given BNP Paribas formal notice to comply with its due diligence obligations on 26 October, sued BNP Paribas over its massive support to fossil fuels and for its substantial contribution to climate change.