Prohibited activities Here are the activities we will not support

We will not provide financial services to clients who breach these restrictions

Cross-sector requirements

We will not provide financial services to clients who:

  • Are involved in child or forced labour, or violations of human rights
  • Have operations that adversely impact upon the Outstanding Universal Value of UNESCO World Heritage Sites
  • Have operations that are located within, or significantly impact negatively upon wetlands designated under the Ramsar Convention on Wetlands of International Importance
  • Convert or degrade High Conservation Value (HCV), High Carbon Stock (HCS) forests, or peatlands
  • Trade or process species listed on the Convention of International Trade in Endangered Species of Wild Fauna and Flora (CITES)

View our cross-sector requirements

Oil and gas

We will not provide financial services directly towards:

  • New or existing tar sands exploration and/or production activities
  • New or existing Arctic exploration and/or production activities

View our extractive industries position statement

Mining and metals

We will not provide financial services directly towards:

  • Asbestos mining operations
  • New standalone non-captive thermal coal mining projects
  • Mining operations that conduct direct marine or riverine tailings disposal
  • Mining operations that conduct Appalachian Mountaintop Removal

View our extractive industries position statement

Fossil fuel power

We will not directly finance any new coal-fired power plant projects, including expansions, in any location.

View our power generation position statement

Nuclear power

We will not provide financial services directly towards:

  • The manufacture or distribution of nuclear weapons
  • Nuclear power plants where the host country is not a signatory to the Treaty for Non-Proliferation of Nuclear Weapons, or does not have in place appropriate IAEA Safeguard Agreements

View our power generation position statement

Agribusiness 

We will not provide financial services directly towards:

  • New plantations which convert or degrade High Conservation Value (HCV) or High Carbon Stock (HCS) Primary forests, peatlands, or designated legally protected areas
  • Operations which use fire for land clearance
  • The production, manufacture or trade of fur
  • The production, manufacture or trade of Angora wool
  • Operations that grow, process or trade soy from the Brazilian Amazon or Brazilian Cerrado

View our agro-industries position statement

Fisheries

We will not provide financial services directly towards:

  • Operations which practice shark finning or trade in shark fin products
  • Operations which practice drift net fishing, deep sea bottom trawling or fishing with the use of explosives or cyanide
  • Illegal Unreported and Unregulated (IUU) fishing, or use of vessels known to have conducted IUU fishing

View our agro-industries position statement

How we work with clients in sensitive sectors

View our other sector specific position statements, which we use to assess whether to provide financial services

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