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Tag Archive

Adani breaches environmental conditions again as SBI investors speak out against loan to the reckless project

4 December 2020 Adani Mining has been fined by the Australian Government for breaching environmental conditions in October, while building its coal mine in important wildlife habitat in central Queensland. This is yet another example of Adani’s disregard for environmental protection and provides another signal to the State Bank of … Read More

Major investor threatens to dump State Bank of India bonds over Adani loan controversy

28 November 2020 Amid a growing public backlash, one of the State Bank of India’s (SBI) investors, French giant Amundi, has announced that it will sell off its SBI green bonds if the bank’s executives grant a A$1bn loan to Adani’s Carmichael coal mine.  “We consider SBI should not finance … Read More

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