Revealed: EIB supporting major Israeli environmental offender
June 18, 2018
In the Israeli Environmental Protection Ministry’s annual ranking, Israel Chemicals has been topping the lists of corporate environmental offenders. For the EIB, the company has “sound environmental policy” which justifies a quarter of billion euros for supporting R&D of specialty chemicals. Ahead of the first anniversary of the Ashalim spill, which originated from an ICL subsidiary’s chemicals plant, a new Bankwatch analysis questions the EIB’s engagement with the company.