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Bank of America, Goldman and SocGen singled out for ‘human rights failings’

Pressure group says four out of five banks are ‘failing’ on human rights — though Citi, Barclays and Dutch bank ABN Amro win praise

An indigenous woman affected by the Brumadinho mining disaster in Brazil earlier this year, which led to calls on banks to stop financing the country's mining company Vale
An indigenous woman affected by the Brumadinho mining disaster in Brazil earlier this year, which led to calls on banks to stop financing the country's mining company Vale Photo: Getty Images

Bank of America, Goldman Sachs and Societe Generale are among the leading banks attacked for paying “lip service” to human rights standards while failing to prove they are implementing them, according to a new report.

BankTrack, a pressure group that says it aims to “stop banks from financing harmful business activities”, has ranked 50 of the world’s largest according to the action they can prove they are taking on UN human rights principles.

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