For Immediate Release
Blair FitzGibbon, 202-503-6141
Deutsche Bank Changes Coal Financing Policy
SAN FRANCISCO, Calif. - Today, Deutsche Bank (DB) released a new corporate responsibility policy explaining that the bank has begun to phase out the provision of finance to companies that practice mountaintop removal (MTR) coal mining. The updated policy indicates that they will decrease financing for the most significant MTR producers, without transparency around the timeline for finance reduction.
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