by Pablo Brait | Dec 17, 2020 | Actions, adani, Coal, Feature, News
17 December 2020 Over 90% of respondents to Market Forces’ State Bank of India (SBI) staff survey would oppose the public bank’s lending of A$1 billion to Adani’s Australian mega-mine. This puts SBI’s management on a collision course with its employees if it ends up...
by Pablo Brait | Dec 9, 2020 | Actions, adani, Coal, Feature, News
9 December 2020 Since reports surfaced that the State Bank of India (SBI) is considering lending almost A$1billion to Adani’s Carmichael mega-mine, backlash against the loan has spread through the finance sector. Blackrock, the world’s largest asset manager, and...
by Pablo Brait | Dec 4, 2020 | Actions, adani, Coal, Feature, News
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...
by Pablo Brait | Nov 27, 2020 | Actions, adani, Coal, Feature, News
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...
by Matt Tomkins | Nov 25, 2020 | Actions, adani, Coal, Feature, News
25 November 2020 One week after Indian media reported the State Bank of India (SBI) is considering lending A$1 billion of Indian taxpayers’ money to Adani’s Carmichael coal project, Market Forces has received information that the decision will be made this week. ...