The chairman of Standard Chartered has said the bank will review its involvement in a controversial Australian coal mine that critics say threatens the Great Barrier Reef and will blow a hole in the global carbon budget…The bank has been advising the Indian conglomerate Adani on building the Carmichael mine and expanding a port on Abbot Point on the Great Barrier Reef...

[C]hairman Sir John Peace said: “We will go no further with this project until we are fully satisfied with all the environmental aspects.” He said the bank was in “active discussion” with the Australian government and ready to meet green campaigners…

Sebastian Bock, investment campaigner at Greenpeace, said…“It is quite encouraging to see that the bank has started an internal discussion on this project…Policies are great, but in the end it all comes down to how they are implemented.”…[also refers to Temasek & JP Morgan]