Adani

The Indian Adani Group is most infamous for its highly controversial mega-mine expansion plans in Australia. If it went ahead, Adani’s Carmichael mine and its coal would wreck our climate, deplete groundwater, trash Indigenous rights and irreversibly damage the Great Barrier Reef. Standard Chartered supports these destructive practices with over US$ 1 billion provided through direct lending as well as underwriting of Adani’s bonds.

Find out more about this in Banktrack's "UK's dirty coal secret Report" page 11: