Mitsubishi UFJ Financial Group (MUFG), Japan’s largest financial group and the world’s fifth largest bank by assets, has just released an updated Environmental and Social Policy Framework that will govern…
Press Releases
Tens of Thousands Demand Liberty Mutual Not Insure Massive Coal Mine
Contacts: Elana Sulakshana, Rainforest Action Network, (703) 589-0040 Katherine Tu, SumOfUs, +61422 430 282 (Melbourne, Australia) Photos available here, and more available upon request. Tens of Thousands Demand Liberty Mutual…
World’s 4th largest bank Mitsubishi UFJ Financial Group considers ending loans for new coal fired power projects. NGOs demand stronger action to withdraw from coal.
For Immediate Release CONTACT: Yuki Sekimoto, Rainforest Action Network, Japan Communications Coordinator yuki.sekimoto@ran.org, +81(0)80 4005 2489 TOKYO – Today, several newspapers have reported that Mitsubishi UFJ Financial Group（MUFG）is considering the announcement of…
SOUTHEAST ASIAN PALM OIL FREE OF DEFORESTATION, PEATLAND USE OR EXPLOITATION HITS THE MARKET
Musim Mas Group is the first Southeast Asian producer to complete verification and demonstrate its proof of concept of responsible palm oil, says Palm Oil Innovation Group (POIG) Singapore –…
Activists Rally Against World’s Worst Banker of Climate Change, JPMorgan Chase, in National Day of Action
CONTACT: Ayse Gursoz, (650)391-6443, Ayse@ran.org Activists Rally Against World’s Worst Banker of Climate Change, JPMorgan Chase, in National Day of Action As CEO Jamie Dimon testifies in front of the…
Report Finds Global Banks Poured $1.9 Trillion into Fossil Fuel Financing Since the Paris Agreement was Adopted, with Financing on the Rise Each Year
Findings reveal U.S. banks dominated fossil fuel funding, with JPMorgan Chase the worst on climate change by an astonishingly wide margin. CONTACT: Ayse Gursoz, (650)391-6443, Ayse@ran.org To download the full…
Indonesian Food Giant Indofood’s Palm Oil Arm Terminated From Sustainability Certification Over Labor Abuses
Global banks and investors on the hook for fueling illegal and exploitative acts, NGOs say CONTACT: Emma Rae Lierley, emma@ran.org, +1 425-281-1989 San Francisco, CA – The leading palm oil…
Activists Disrupt Chase CEO Jamie Dimon at Governors Association Meeting, Sending Message that Chase Must “Stop Funding Climate Change”
For immediate release, February 23, 2019, 12PM EST Video of disruption available here. Washington D.C.–This morning activists disrupted JPMorgan Chase CEO Jamie Dimon’s address to the National Governors Association Winter…
Salim Ivomas, subsidiary of palm oil giant Indofood, withdraws from RSPO over labor abuses
Today the Indofood subsidiary Salim Ivomas announced its plans to withdraw its membership from the Roundtable on Sustainable Palm Oil (RSPO). This move from Salim Ivomas follows the same action taken by its…
Palm Oil Giant Indofood Subsidiary Loses Sustainability Certification Over Labor Abuses; Suspension of RSPO Membership Looms
San Francisco, CA – Today the world’s largest palm oil certification scheme, the Roundtable on Sustainable Palm Oil (RSPO), ordered the suspension of the “sustainability” certificates of Indonesian palm oil…
Recent Media
Mother Jones: We Need To Talk About Palm Oil
“Emma Lierley, forest policy director at the Rainforest Action Network (RAN), echoed this sentiment. “The same problems are still happening in this industry,” she said. “Deforestation is continuing, threatened species…
Devex: Opinion: Why players such as RSPO matter to the global climate
“Last week, with relatively little fanfare, members of the world’s largest certification scheme for palm oil, the Roundtable on Sustainable Palm Oil (RSPO), voted to strengthen its sustainability standard. Palm…
Occupy Jamie Dimon: Activists Are Chasing the Billionaire Across the U.S.
But the spotlight on Dimon and his bank shines bright. In May, environmental activists set up their makeshift encampment on a street in downtown Seattle along with a sign: “Road…
Reuters: Palm oil body says it finds exploitative labor practices at Malaysia’s FGV
“With this decision, the RSPO has again failed to adequately hold accountable one of its member companies found guilty of widespread illegal labor violations,” said Robin Averbeck, Agribusiness Campaign Director…
Quartz: A palm oil giant has been sanctioned over forced labor and trafficking workers
“FGV Holdings Berhad isn’t having a great week. First, the colossal palm oil giant, owned in part by the Malaysian government, posted its second consecutive quarterly loss, attributed to falling crude…
Mongabay: RSPO adopts total ban on deforestation under sweeping new standards
“The effectiveness of the new RSPO standards has also been called into question by the U.S.-based advocacy group Rainforest Action Network (RAN), which says the RSPO had for years failed…
Bloomberg: To Keep Old Growth out of New Shirts, Fashion Turns to Technology
“No one dies for fashion in greater numbers than, it turns out, the trees. More than 150 million are cleared every year, shipped around the world, then pulped and processed into…
Forbes: See How Your Halloween Candy Is Made From Palm Oil Destroying The Sumatran Rainforest
“Candy makers and companies like PepsiCo and Unilever have made promises to change their practices when it comes to using conflict palm oil, but according to the Rainforest Action Network, that’s been monitoring…
Fast Company: At “forest school,” humans teach orphaned orangutans how to be apes
“Clearly, protecting the habitat in the first place is the only longterm viable answer,” says Laurel Sutherlin, with the nonprofit Rainforest Action Network. The organization, along with others, has pressured…
The Nation: The Climate-Wrecking Industry… and How to Beat It
“Recognizing that problem, organizers have sought to outflank the companies by targeting their bankers. As the protests and blockades make new fossil-fuel projects controversial, even notorious, there’s an increased reputational…
