More information?
Contact Anniek Herder
More information?
Contact Barbara Kuepper
More information?
Contact Diana Quiroz
More information?
Contact Gerard Rijk
More information?
Contact Jan Willem van Gelder
More information?
Contact Ward Warmerdam


To illustrate our broad expertise, covering many different economic sectors, commodities, sustainability themes and countries, this page gives an overview of the different projects executed by Profundo over the years. In the menu, you can filter the projects by thematic area. Each project is described briefly and where available the project portfolio - such as reports, brochures or presentations - is provided. Attention is also given to the exposure generated by the project in the media, in politics and elsewhere.

When you are looking for a specific report, we recommend to go to our Portfolio page.

We analyse the financial parameters of companies and assess how companies and their financiers could be affected in different scenarios by Environmental, Social and Governance (ESG) risks related to deforestation, climate change emissions, human rights abuses, resource depletion, health impacts and other sustainability issues.
We analyse the various human rights and other sustainability risks in international commodity supply chains and identify what different stakeholders can do to foster sustainable development of value chains in agriculture, forestry, livestock, energy, fisheries and mineral sectors.
We analyse how companies are financed by banks, shareholders and others financiers, to assess what financiers could do to foster sustainable corporate practices. Also, we dig into ownership structures and the schemes companies have set up to minimise tax payments.
We assess and benchmark responsible investment and credit policies of banks and investors and we advise on how policies can be improved and implemented through screening, voting, engagement and exclusion strategies.

December 2018

December 3, 2018
Worldwide Investments in cluster munitions: a shared responsibility
This is the 9th edition of Worldwide Investments in Cluster Munitions. This report shows that two major US arms producers that featured in the 2017 edition of the report, Textron and Orbital ATK, have declared publicly that they no longer produce any cluster munitions. Orbital ATK even declared publicly that cluster munitions have no place in the arsenal of a modern army. These developments are at least partly the result of the pressure from the financial sector.

June 2012

June 14, 2012
Worldwide Investments in Cluster Munitions: a shared responsibility
Worldwide 137 financial institutions invest a total of US$ 43 billion in producers of cluster munition is concluded in this update of earlier research. Among the largest investors in producers of cluster munition are Citigroup, JPMorgan Chase, Goldman Sachs, Bank of America, State Street, Capital Group, Morgan Stanley and BlackRock (all US), China Merchants Bank (China), Sberbank (Rusland), Temasek (Singapore), Mitsubishi UFJ Financial Group (Japan) and Sun Life Financial (Canada).

May 2011

May 25, 2011
Worldwide investments in Cluster Munitions: a shared responsibility
Report about 166 financial institutions, worldwide, that still invest in cluster munition producers in spite of international regulations that prohibit such investments. In the European Union 26 financial institutions have an interest in or invest in producers of cluster munition.
Copyright Profundo, development EasyMIND