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Flemish celebrities walk on hot coals |
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Monday, 14 June 2010 |
 Flemish celebrities such as de Neveneffecten, Joke Devynck, Nic Balthazar en Gili supported Netwerk's campaign for durable banking Bankruptcy in a daring way. Amidst the banks at the Kouter in Ghent they walked for several meters on a carpet of red-hot coals. Take a look at the movie!
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Bankruptcy threatens banks operating in Belgium |
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Wednesday, 02 June 2010 |
 In the past two years BNP Paribas, KBC, Dexia, Citibank, Deutsche Bank, ING and AXA have invested at least 25 billion euro in climate-threatening activities including new coal plants, oil extracted from tar sands, or the decimation of rain forests. Those are the conclusions from the report “Bankers on Hot Coals”, which Netwerk Vlaanderen is presenting today. The NGO calls on the banks to cease investing in new coal plants immediately en therefore launches the petition Bankroet (Bankruptcy) in cooperation with Greenpeace, WWF, Friends of the Earth, BBL and KWB.
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Top financial institutions invest over US$43 billion in producers of cluster bombs |
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Wednesday, 14 April 2010 |
 Almost a year and a half after the historic signing of the Convention on Cluster Munitions (CCM) in Oslo in December 2008, 146 financial institutions from 15 countries around the world still provide over US$ 43 billion worth of investments and financial services to seven producers of cluster bombs. These are the updated findings of the most comprehensive report to date on global financial investments in these banned weapons, ‘Worldwide investments in cluster munitions; A shared responsibility’, released today in Geneva. Campaigners around the world are now calling on regulators and financial institutions to disinvest from producers of these banned weapons.
See the Key Findings.pdf
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ING one step forward in ranking Netwerk Vlaanderen |
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Thursday, 01 April 2010 |
 ING has in the past year adjusted its policy concerning investments in the weapon industry. Now ING can make one step forward in the Netwerk’s ethical ranking. Thanks to the efforts made by ING, the risk of harmful investments for clients of this bank is no longer ‘very high’ but ‘high’.
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Belgium no longer international frontrunner |
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Friday, 12 February 2010 |
 Belgian parliamentarians and diplomats played a crucial role in the process that led to the Convention on Cluster Munitions that 107 states signed so far. As the convention will go into force any minute now, Netwerk Vlaanderen urges minister Reynders to immediately produce a blacklist of cluster munitions producers, thereby retaking Belgium’s position as an international frontrunner.
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Tobacco producers excluded from Pension Fund |
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Thursday, 28 January 2010 |
 The Norwegian Ministry of Finance has decided to exclude 17 companies that produce tobacco from the Government Pension Fund Global (GPFG). The divestment of shares in these companies has already been completed. Earlier, the Pension Fund put companies seriously poluting the environment, violating human rights or producing inhumane weaponry on its 'black list'.
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