On June 8, 2026, various faith-based groups, including the Methodist Churches in Great Britain, Colombia and Ireland, the Ecumenical Center for Communication in Latin America, and Epworth Investment, submitted a complaint to the UK National Contact Point (NCP) against HSBC Holdings plc. The complaint pertains to HSBC's provision of financial services to Glencore, the company operating the Cerrejón coal mine in La Guajira, Colombia.
The complainants ask the UK NCP to examine whether this financial relationship is consistent with the OECD (Organization for Economic Co-operation and Development) Guidelines regarding responsible business conduct and due diligence. The complainants argue that HSBC, and financial institutions more generally, are responsible for ensuring that financing and investment practices are aligned with human rights, environmental standards, and their own climate commitments.
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- OECD complaint by faith groups against HSBC
OECD complaint by faith groups against HSBC
About this case
Filing year
2026
Status
Pending
Geography
Court/admin entity
OECD → United Kingdom National Contact Point
Case category
Suits against governments (Global) → Trade and Investment (Global)Suits against corporations, individuals (Global) → Corporations (Global) → Financing and investment (Global)
Principal law
International Law → OECD Guidelines for Multinational Enterprises
At issue
Whether HSBC's financing of Cerrejón is consistent with the OECD Guidelines regarding responsible business conduct and due diligence.
Topics
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Documents
Filing Date
Document
Type
Topics
Beta
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Summary
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Group
Topics
Risk
Impacted group
Fossil fuel
Greenhouse gas
Economic sector
Finance