BlackRock has yet to produce concrete policy addressing land rights, deforestation, and human rights abuses in its portfolios Today, over 80 renowned Indigenous and frontline activists from around the world issued a public letter criticizing BlackRock’s role in violating the land rights and human rights of Indigenous peoples and other traditional communities. The signatories, including […]
by Fernanda Wenzel, Naira Hofmeister, Pedro Papini Originally published by ((o))oeco in Portuguese and by Mongabay in English Two pension funds in the Netherlands and one from Japan have invested a combined half a billion dollars in Brazil’s top three meatpackers. These investments in cattle ranching, an industry that’s the main driver of Amazon deforestation, […]
Monitor #7 by Repórter Brasil – The Monitor’s seventh issue, a bulletin that disseminates Repórter Brasil sector and production chain studies, analyzes the environmental impacts of livestock and the connections that link the sector to national and international investors. Download here.
Palm oil workers resist ongoing labor abuses from Indonesian noodle giant by Hana Heineken This month, 10 banks committed another $2.1 billion in loans to Indonesian noodle giant Indofood CBP Sukses Makmur – whose instant noodles rely on Conflict Palm Oil produced by its palm oil subsidiary London Sumatra (Lonsum). The syndicated loan was used […]
A new report by the Association of Brazil’s Indigenous Peoples (APIB) and Amazon Watch exposes international financiers – including BlackRock, Citigroup, JPMorgan Chase, Vanguard, Bank of America, and Dimensional Fund Advisors – that invested in companies complicit in Indigenous rights violations in the Amazon Brasília, Brazil and Oakland, USA – U.S.-based financial institutions play a […]
by André Campos – Repórter Brasil, Piero Locatelli – Repórter Brasil on 9 September 2020 In July, a major policy to combat global warming was announced by BlackRock, the world’s largest investment fund manager. The company said it would take concrete action against at least 53 companies for their inaction regarding global warming and place […]