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Big Banks Financing Forest Destroyers

The companies that are destroying forests and abusing human rights need extensive financing in order to keep their operations running. One of the most destructive companies we’ve profiled, Indofood, is a prime example. Indofood is a major palm oil company that has been proven over and over again to engage in some of the worst violations of worker rights, and human rights, and deforestation. Meanwhile, the company is being propped up by Japanese banking giant Sumitomo Mitsui Financial Group (SMFG). That needs to stop, now.

As citizens of the world, we condemn abuses anywhere and call out the banks who pay for them. If financing of forest destroyers and those that violate human rights is global, so too must be our resistance.

Despite SMFG’s latest pledge to respect human rights and protect forests, the bank continues to fund timber, pulp, and palm oil companies with known ties to rainforest destruction and child labor.

Sign now to tell SMFG to immediately end all financing for any company found to be destroying forests, violating human rights, or threatening communities.

 

Big Banks Financing Forest Destroyers

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