New climate policy from AXIS Capital increases pressure on U.S. insurers to follow suit October 20, 2021 – Today, insurer AXIS Capital (NYSE: AXS) announced new policy measures restricting insurance…
Press Releases
JPMorgan Chase, World’s Biggest Funder of Fossil Fuels, Announces Net-Zero Emissions Pledge
Today, JPMorgan Chase announced a pledge to reach net-zero emissions from its lending and investment portfolios by 2050, and that it will join the Net Zero Banking Alliance (NZBA). In…
Unilever Discloses Impact of Palm Oil Supply Chain on Forests and Communities
Rainforest Action Network calls on Ferrero, Procter & Gamble, and Mondeléz to follow suit in urgent response to climate, human rights crises Today international consumer goods giant Unilever — maker…
JPMorgan Chase Strengthens Palm Oil Policy, but Fails to Move on Fossil Fuels, Rights, or Deforestation More Broadly
Urgent action needed on climate and human rights, but fossil fuel’s biggest banker largely maintains business as usual September 30, 2021 Today JPMorgan Chase updated its policy on financing palm…
COP26 Glasgow: What’s Needed Now to Avert Climate Chaos
Rainforest Action Network September 2021 The most important climate talks since the Paris Agreement are scheduled to begin in Glasgow, Scotland, on November 1st, 2021. Yet the ability to attend…
RAN Cautiously Optimistic about Liberty Mutual Joining the Partnership for Carbon Accounting Financials
San Francisco, CA –– Today, Liberty Mutual, one of the world’s largest fossil fuel insurers, announced that it will join the Partnership for Carbon Accounting Financials (PCAF) and participate in its…
Colgate-Palmolive Discloses Impact of Supply Chain on Forests and Communities
Rainforest Action Network calls on Ferrero, Procter & Gamble, and Kao to follow suit in urgent response to climate, human rights crises [San Francisco, CA] – International consumer goods giant…
Procter & Gamble Rules Out Ending Its Role in the Logging of Intact Forests and Misleads Investors Again
Rainforest Action Network Alerts Investors and Consumers that P & G Brands will remain tainted with forests destruction for years to come Rainforest Action Network condemns the latest report released…
Line 3 Construction Halted As Activists Lock Down, Charged with Felonies; National Support of Indigenous Fight Against Enbridge Pipeline Grows
As a sign of the growing national movement to stop the Enbridge Line 3 pipeline being built on the treaty territory of Anishinaabe peoples, activists from across the country are risking arrest to stop construction of this disastrous fossil fuel project. On Thursday, July 1, 2021, Rainforest Action Network Executive Director Ginger Cassady and others engaged in a peaceful civil disobedience to protest construction.
Cargill, Nestlé resumed palm oil sourcing in Guatemala despite legacy of violence and intimidation, advocates find
Washington DC – Cargill and Nestlé have resumed business with Guatemalan palm oil supplier REPSA (Reforestadora de Palma S.A.), whose links to corruption, bribery, violence, and intimidation forced the multinational…
Recent Media
Market Watch: Surprising investor rebellion at Procter & Gamble over toilet paper’s forest impact
“Two-thirds of Procter & Gamble’s shareholders this week defied the company’s own recommendations, upping the pressure on the consumer-goods giant to reduce sourcing virgin timber for its Charmin toilet paper,…
Reuters: ANALYSIS-Can global brands avoid ‘greenwash’ with new forest-saving plan?
“”We’ve seen ten years of inaction, half-measures and greenwashing from the CGF, while human rights defenders and frontline communities have been putting their lives on the line to defend forests,”…
Mongabay: $154b in capital has gone to 300 forest-risk companies since the Paris Agreement
“Since the Paris climate agreement was signed in 2016, 300 companies at risk for contributing to deforestation have received at least $153.9 billion in financing, according to a new analysis by…
Guardian: Environment groups urge Nippon Paper to scrap Victorian timber from supply chain
In a letter to the Japanese company, activists call for rapid transition to products sourced from plantations and recycled fibre More than 40 environment groups have called on Japan’s Nippon…
International Business Time: Climate Change News: Amid Pandemic, Japan’s Megabanks Must Lead On Sustainability
“The path out of the current COVID-19 pandemic is still shifting, with long-term economic recovery perhaps even harder to predict. Massive amounts of money will be spent in the coming…
Reuters: MUFG puts oil sands, Arctic drilling on ‘restricted transactions’ list
““MUFG’s recognition of tar sands and Arctic oil & gas as high risk sectors deserve some credit, but the newly adopted policies fail to establish clear no-go zones for financing,”…
South China Morning Post: Tokyo 2020 ‘fake sustainability’: new Olympics report attracts heat from orangutan and rainforest activists
“US-based Rainforest Action Nethawork (RAN) was one of more than 40 NGOs calling on the IOC in 2016 to demand organisers refrain from sourcing wood from endangered tropical forests in…
Mongabay: Celebrating the 50th Earth Day amidst a global pandemic
“On today’s episode of the Mongabay Newscast we discuss what it means to be celebrating the 50th Earth Day amidst the coronavirus pandemic. How have Earth Day celebrations changed in…
Time: Want to Stop the Next Pandemic? Start Protecting Wildlife Habitats
“Despite years of creative and resource-intensive work by governments and nonprofits, companies’ actions to mitigate habitat loss aren’t adding up. Many large companies have pledged to halt deforestation, the largest driver of…
Reuters: PepsiCo adopts stricter, greener rules for palm oil in products
“Under PepsiCo’s new policy, the major international buyer of palm oil has strengthened its commitments to protect, restore and monitor forests and peatlands. It has pledged not to purchase palm…