Commonwealth Bank - say no to land grabs
Three years ago Oxfam exposed that Australia’s big banks have invested in agricultural and timber companies accused of land grabs in developing countries.
These companies are forcing local people from their homes and farms without proper consent or compensation, leaving communities homeless and hungry. Our big banks are placing themselves, their investors and these poor communities at risk.
Because of you, the Big 4 Banks felt the pressure. One by one, Westpac, NAB and ANZ have acknowledged the importance of land rights while there is still a long way to go, this was a huge first step by each of them in demonstrating a zero policy to land grabs.
But Commonwealth Bank of Australia has failed to join them. The Commonwealth Bank has continued to behave unethically; financing companies involved in agriculture and forestry – companies that Commonwealth Bank know commit land grabs, human rights abuses and disregard environmental standards.
Commonwealth Bank care what their customers, and potential customers think. They care a lot. Tell them that you care about human rights and that they need to act to stop land grabs. Now!