東アフリカ原油パイプライン(EACOP)事業による三井住友銀行への重大なリスクについて
Summary
The document argues that SMBC's role as a financial advisor and lead arranger for the EACOP project contradicts its own environmental and human rights commitments. It highlights risks including human rights abuses, biodiversity loss, and the potential for the pipeline to become a stranded asset in a net-zero transition. The authors warn that continuing this support could lead to greenwashing accusations, legal liability for directors under Japanese law, and severe reputational damage, especially as other global financial institutions withdraw their support.
Key insights
- SMBC faces significant financial and legal risks, including the possibility of the pipeline becoming a stranded asset as the world moves toward the IEA's 'Net Zero by 2050' scenario, and potential lawsuits regarding human rights violations and greenwashing.
Cite the original document
- APA
- Center for International Environmental Law (2022). 東アフリカ原油パイプライン(EACOP)事業による三井住友銀行への重大なリスクについて. https://www.ciel.org/wp-content/uploads/2022/06/EACOP%E3%81%AB%E9%96%A2%E3%81%99%E3%82%8BSMBC%E3%82%AF%E3%82%99%E3%83%AB%E3%83%BC%E3%83%95%E3%82%9A%E5%8F%96%E7%B7%A0%E5%BD%B9%E4%BC%9A%E3%81%B8%E3%81%AE%E3%83%AC%E3%82%BF%E3%83%BC2022.6.24rev.pdf
- Chicago
- Center for International Environmental Law. 東アフリカ原油パイプライン(EACOP)事業による三井住友銀行への重大なリスクについて. 2022. https://www.ciel.org/wp-content/uploads/2022/06/EACOP%E3%81%AB%E9%96%A2%E3%81%99%E3%82%8BSMBC%E3%82%AF%E3%82%99%E3%83%AB%E3%83%BC%E3%83%95%E3%82%9A%E5%8F%96%E7%B7%A0%E5%BD%B9%E4%BC%9A%E3%81%B8%E3%81%AE%E3%83%AC%E3%82%BF%E3%83%BC2022.6.24rev.pdf.
- Wikipedia
- {{cite press release |author=Center for International Environmental Law |title=東アフリカ原油パイプライン(EACOP)事業による三井住友銀行への重大なリスクについて |date=24 June 2022 |url=https://www.ciel.org/wp-content/uploads/2022/06/EACOP%E3%81%AB%E9%96%A2%E3%81%99%E3%82%8BSMBC%E3%82%AF%E3%82%99%E3%83%AB%E3%83%BC%E3%83%95%E3%82%9A%E5%8F%96%E7%B7%A0%E5%BD%B9%E4%BC%9A%E3%81%B8%E3%81%AE%E3%83%AC%E3%82%BF%E3%83%BC2022.6.24rev.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{centerforinternationalenvironmentallaw2022eacop, author = {{Center for International Environmental Law}}, title = {{東アフリカ原油パイプライン(EACOP)事業による三井住友銀行への重大なリスクについて}}, publisher = {Center for International Environmental Law}, year = {2022}, month = jun, url = {https://www.ciel.org/wp-content/uploads/2022/06/EACOP%E3%81%AB%E9%96%A2%E3%81%99%E3%82%8BSMBC%E3%82%AF%E3%82%99%E3%83%AB%E3%83%BC%E3%83%95%E3%82%9A%E5%8F%96%E7%B7%A0%E5%BD%B9%E4%BC%9A%E3%81%B8%E3%81%AE%E3%83%AC%E3%82%BF%E3%83%BC2022.6.24rev.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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