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Actualités
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
Actualités
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 (ESG)… 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
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Major Banks Complicit in Financing Indonesia’s Illegal Fire and Haze Crisis: Report
Report released on the five year anniversary of Indonesia’s Sustainable Finance roadmap examines the successes and failures of this initiative Read More
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The Banks Fueling the Catastrophic Fires in Indonesia
Indonesia has yet again witnessed another year scarred by catastrophic fires that have caused immense damage and blanketed the country and its neighbours in a toxic haze. Read More
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Asian banks increase financing of rogue palm oil company Indofood, filling void left by Citi, Rabobank and Standard Chartered loan cancellations
Banks and investors are under increasing scrutiny for their financing of commodities driving tropical deforestation, and rightly so. The environmental, social, and governance… Read More
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FSC CAPITULATES TO KORINDO, ASSISTS IN COVER-UP
Following a 2-year investigation by the Forest Stewardship Council (FSC) into Korindo, the FSC released on Monday 5th November a summary of its findings. It… Read More