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Friends of the Earth Netherlands

This NGO Won A Climate Case Against Shell; Its Next Target? Dutch Bank ING

January 27, 2024 Dana Drugmand, DeSmog. , , , , , ,
When Royal Dutch Shell lost a landmark climate lawsuit in The Netherlands, climate advocates said the Dutch court’s ruling put polluters and their financiers on notice. Now, the Dutch NGO that successfully sued Shell over its climate plans is taking those financial backers to court in a case that could help reverse the global banking sector’s support of fossil fuel firms and their activities. On January 19, Milieudefensie (Friends of the Earth Netherlands) announced it is initiating legal action against ING, the Netherlands’ largest bank and a major funder of U.S. liquefied natural gas (LNG). In a letter addressed to ING CEO Steven van Rijswijk and the first step in litigation,  Milieudefensie says it believes the bank is in breach of its “duty of care” obligation under Dutch law.

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