UBS and Santander's 'green' bonds linked to deforesters and rancher accused of slave labour in Brazil - Unearthed
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An Unearthed investigation has found European banks UBS and Santander have raised hundreds of millions of pounds of “green” bonds that were partly intended for farmers and ranchers accused of environmental and human rights abuses in Brazil.
![](https://www.banktrack.org/thumbimage.php?image=naturecover_1_crop.jpg&width=695&cropratio=16:9)
BankTrack – Banks and Nature
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Brazil - Unearthed
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Companies face intensifying scrutiny over greenwashing
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Green(washing) bonds in Brazil: How European banks are linked to deforestation and slavery
![](https://www.santander.com/content/dam/santander-com/es/contenido-paginas/sala-de-comunicaci%C3%B3n/notas-de-prensa/2021/07/im-Brazilian-Amazon-desktop.jpg)
Santander and the Brazilian
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Santander and BlackRock continue to turn a blind eye to deforestation of Paraguay's Gran Chaco
![](https://static.euronews.com/articles/stories/07/99/26/82/404x269_cmsv2_3a4fda50-f82e-5d0e-a555-d378fa746438-7992682.jpg)
Green(washing) bonds in Brazil: How European banks are linked to deforestation and slavery
![](https://unearthed.greenpeace.org/wp-content/uploads/2023/08/GettyImages-1414599236-476x286.jpg)
Nandikesh Sivalingam, Author at Unearthed - Unearthed
Alice Ross(@aliceross_)さん / X
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Bank of Brazil apologizes for its complicity in the slave trade, International
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BankTrack – Banks and Nature
![](https://brazillab.princeton.edu/sites/g/files/toruqf1851/files/styles/8x3_1440w_540h/public/pages/ex_1359.793e_4div_pl15-small.jpg?itok=qIflwNaC)
Racialized Frontiers: Slaves and Settlers in Modernizing Brazil
![](https://smarthistory.org/wp-content/uploads/2021/11/marc-ferrez-slaves-coffee-yard-detail-1.jpg)
Smarthistory – Marc Ferrez, Slaves at a Coffee Yard in a Farm, Vale do Paraiba, Sao Paulo