Every Investor Has a Responsibility
Find out why ESG factors matter in tropical forest-risk commodity sectors and what banks and investors must do to responsibly finance companies operating in these… Read More
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Find out why ESG factors matter in tropical forest-risk commodity sectors and what banks and investors must do to responsibly finance companies operating in these… Read More
IOI Group is one of Malaysia’s biggest corporations and a major producer and trader of palm oil with a revenue of USD 2.9 billion in 2015. IOI has failed to address many social and environmental risks in its supply chain. Recent evidence of IOI clearing forests, draining peatlands, operating without proper licenses and failing to prevent fires resulted in a four-month suspension from the RSPO in April 2016. Read More
Indofood is controlled by Anthoni Salim, owner of the Salim Group, one of Indonesia’s biggest corporations. In 2015, Indofood’s revenue was approximately USD 5 billion. Neither Indofood nor its palm oil division IndoAgri have adequate policies and practices in place for responsible palm oil production and sourcing. Indofood has been linked to a range of serious environmental and social problems including the exploitative use of child labor. Read More
Civil society letter to financial regulators as the fires spread in Southeast Asia, calling for emergency sanctions to stop banks providing financial services to forest-sector… Read More