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23 Februari 2018
4. Jeroen van der Veer, Chairman Supervisory Board ING Group
Referring to Mr. Rijkan Van Zalingen's email responding our complaint letter against ING decision to finance Cirebon Power Plant Unit 2, we as ResponsiBank Indonesia Coalition found that your coal policy still has no impacts at all for ING involvement on controversial Cirebon projects, despite the said publication of “one of the strongest policies worldwide compared to your peer at the time”. As you may notice in our complaint letter, we highlighted that the Cirebon project has caused major environmental and human rights problems in the region. Despite to your knowledge that the project remains committed to Equator Principles and IFC Performance Standard compliance, the facts in the ground proved otherwise. Not only that the development of the coal power plant caused massive environmental destruction, it also caused adverse impacts to local communities in terms of their livelihood and quality of life.
To remind you of several crucial points on our complaint letter that you’ve missed to response, herewith a list of negative impacts to local communities in Cirebon related to the development of the coal power plant:
We hold ING accountable for inevitable harm to social and environmental condition in the area due to the project. Being involved in a project that cost negative impacts to the planet and people is definitely contradicting your commitment to develop and strengthen your Environmental and Social Risk policies. We have noted Credit Agricole, a French Bank, became an example of a financial institution who uphold their climate commitment to stop financing coal by withdrawing their financing commitment to the Cirebon project. We request your business is no less than other best practices performed to the transition to low-carbon economy. ING has to be committed to the highest standard possible in sustainability by stop investing in Cirebon coal project.
National Coordination of ResponsiBank
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