Voices calling for a moratorium

A growing number of companies, banks and financial institutions are demonstrating their commitment to ocean protection by supporting a moratorium and/or pledging not to use deep-sea metals and minerals in their products and/or not to invest in or finance deep-sea mining. 

To date, 64 companies and financial institutions have signed the business statement calling for a moratorium on deep seabed mining activities. 

Additional Companies and Financial Institutions supporting a moratorium and/or prohibiting the finance of deep-sea mining projects:

• ABN AMRO
• BBVA
• BNP
• Caisse des Dépôts
• Cooperative Bank
• Credit Suisse
• Crédit Agricole
• Deutsche Bank
• Eramet
• First Solar 
• Lloyds Banking Group
• NatWest (previously Royal Bank of Scotland)
• Rio Tinto
• Standard Chartered Bank
• The European Investment Bank

Companies distancing themselves from deep-sea mining include: 

• Microsoft – “has established a moratorium on using minerals sourced through deep seabed mining until the proper research and scientific studies have been completed.”
• Ford, Daimler, General Motors, and Tiffany & Co. have endorsed the Initiative for Responsible Mining Assurance (IRMA) Mining Standard which cannot support deep-sea mining until further research and audits can be completed.

Is your organization part of the private sector and committed to a healthy ocean for people and the planet? Join the movement to keep the deep sea out of supply chains and investments and call for a stop to deep-sea mining.