Publications
Briefer on Key Findings of Expanded Dataset
In September 2020, Forests & Finance launched an expanded dataset, which for the first time also covers financial flows to forest-risk commodity companies in Brazil… Read More
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Urgent letter of concern for the safety of land and human rights defenders impacted by the Korindo Group and POSCO International, from 126 NGOs
To: Korindo Group POSCO International Indonesian Presidential Staff Office / Kantor Staf Presiden Chief of Police, Indonesian National Police / Kapolri, Kepolisian Negara Republik Indonesia… Read More
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MUFG fails to commit to Paris alignment at 2020 AGM
ESG financing policy now weakest among Japanese megabanks Tokyo, Japan – Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank, indicated at today’s annual shareholder… Read More
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Forests and Human Rights: Principles for Asset Managers
BlackRock, the world’s largest asset manager, has no clear policy on forests, land, and human rights of Indigenous Peoples and local communities In January 2020,… Read More
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Civil society calls on BRI, BNI, ICBC and other financiers to cut ties with APP after recurrent community rights violations
On the morning of 4 March 2020, a drone sprayed poison on the rubber trees, food crops, and palm trees of the Lubuk Mandarsah community… Read More
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MUFG Falls Behind Peers in New ESG Finance Policy Announcement
MUFG’s policy revisions “disappointing,” says Rainforest Action Network Japan’s largest bank, Mitsubishi UFJ Financial Group (MUFG), released a revised Environmental, Social and Governance… Read More
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Indofood takes advantage of pandemic outbreak to lay off hundreds of palm oil workers
If you haven’t been following Indofood’s trail of labor exploitation and peat destruction since 2016, check out our previous blog here. Read More
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Japan’s 2nd Largest Bank – Mizuho – Announces Strictest ESG Policies To Date In Japan
Japan’s 2nd Largest Bank – Mizuho – Adopts NDPE Criteria for Forest Sector Clients and Announces Strictest ESG Policies To Date In Japan – Beating… Read More
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Financiers’ risks in the Indonesian pulp & paper sector
A report by TuK Indonesia and Profundo found that financing in the pulp and paper sector exposes financiers to high ESG risk. Of the 8… Read More
Publications
Maybank: The Single Largest Palm Oil Financier
Maybank is the world’s single largest financier of the palm oil sector – it provided 11% of all loans and underwriting to selected palm oil… Read More