Still banking on land grabs: Australia's four big banks and land grabs

This report reveals new links between Australia's big four banks and three land grabbing case studies previously documented in Oxfam's 2014 report Banking on Shaky Ground. The new report also provides evidence that, even after Oxfam first alerted the banks to their exposure to land grabs, all four banks committed tens of millions of dollars in loan facilities to the agribusiness firm Cargill. A former subsidiary of Cargill acquired large tracts of land in Colombia’s Altillanura region that had been set aside by law for family farming. Significantly, none of the banks included discussion of this additional exposure to allegations of land grabs in their 2014 and 2015 sustainability reports. This raises another important question: how reliably are banks reporting land-related risks to their shareholders and the wider public?

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Additional Info

Field Value
Document type Reports, journal articles, and research papers (including theses and dissertations)
Language of document
  • English
Topics
  • Banking and financial services
  • Economic land concessions and plantations
  • Land
  • Land and housing rights and evictions
  • Major banks
Geographic area (spatial range)
  • Thailand
  • Viet Nam
  • Cambodia
  • Lao People's Democratic Republic
  • Myanmar
  • Malaysia
  • Indonesia
  • Singapore
  • Philippines
  • Brunei Darussalam
  • Christmas Island
  • Timor-Leste
  • Cocos (Keeling) Islands
Copyright Yes
Access and use constraints

© Oxfam Australia, February 2016. This publication is copyright but the text may be used free of charge for the purposes of advocacy, campaigning, education, and research, provided that the source is acknowledged in full. The copyright holder requests that all such use be registered with them for impact assessment purposes. For copying in any other circumstances, or for re-use in other publications, or for translation or adaptation, permission must be secured and a fee may be charged.

Version / Edition 1.0
Date uploaded 02/16/2016
Contact

Oxfam Australia 132 Leicester Street Carlton Victoria 3053 Australia Tel: +61 3 9289 9444 Fax: +61 3 9347 1983 www.oxfam.org.au

Author (individual) Hawkes, Shona
Publication place Australia
Publisher Oxfam Australia
Publication date 2016
Pagination 64 p.