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The Principles for Responsible Banking (PRB), a bank-led initiative supported by the UN Environment Programme Initiative (UNEP-FI), was launched on 22 and 23 September… Read More
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Key findings: There have been 72,843 fires in Brazil this year, 84% more than the same period last year.Deforestation has spiked by 54%… Read More
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Runaway fires in July-August have prompted six Indonesian provinces to declare a State of Emergency.[1]The haze has become an international environmental and public… Read More
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The governments of Malaysia and Indonesia are anxious to decouple palm oil’s association with deforestation and climate change. Palm oil prices have been tumbling for… Read More
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Japanese, Chinese, Malaysian and Indonesian banks remain largest financiers of forest-risk companies in Southeast Asia - some progress made in ESG financing policies, but not nearly enough Read More
Some progress made in ESG financing policies, but not nearly enough … Read More
The new principles set out a new framework which will hold the banks accountable for their environmental, social and economic impacts. Read More
Indonesian and Japanese Banks Implicated in Korindo’s Illegal Deforestation and Rights Abuses. Read More
A new report commissioned by Friends of the Earth NL shows Dutch banks allow consumers to unwittingly invest in controversial palm oil companies. Read More
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
