RAN challenges Japan’s largest bank for failing on climate, human rights, and governance July 2, 2025 — Tokyo, Japan — Rainforest Action Network (RAN), a U.S.-based environmental NGO headquartered in…
MUFG acquired one of Indonesia’s largest banks, yet failed to vet its client list, which includes firms responsible for egregious acts of peatland destruction.
JAKARTA/TOKYO — An explosive new investigation by Rainforest Action Network (RAN) has uncovered that Japanese banking giant Mitsubishi UFJ Financial Group (MUFG) has been financing one of Indonesia’s worst environmental…
Fires caused by the expansion of industrial plantations in peatlands remain one of the largest contributors to Indonesia’s greenhouse gas emissions. They also cause public health crises and cause billions of dollars of economic loss and damage.
PT. Toba Pulp Lestari (PT. TPL), part of the notorious Royal Golden Eagle (RGE) Group, reaffirmed a commitment to halt forest conversion for industrial pulp plantations and stop the establishment of new plantations that contribute to deforestation, human rights abuses, or disregard for Indigenous peoples.
Chubb insures methane/LNG export terminals the fisherfolk say are destroying their communities Naples FL — Hundreds of fake bills – featuring CEO Evan Greenberg as a ‘pollution profiteer’ – rained…
By Toyo Kawakami, Japan Senior Advisor (Japan) & Ruth Breech, Senior Campaigner (US) In August 2024, the U.S. Court of Appeals for the District of Columbia ruled that permits for…
As Billions in finance have flowed to the Royal Golden Eagle Group, deforestation connected to the giant conglomerate continued August 27, 2024 – San Francisco, CA – Today, Rainforest Action…
Royal Golden Eagle has received $4.25 billion in “sustainability linked loans” since 2021, with Japanese megabank Mitsubishi UFJ Financial Group (MUFG) playing a key role. This green finance purports to incentivize “zero tolerance for deforestation” and “radical traceability and transparency,” among other headline goals, but regulators have expressed concerns around greenwashing.
A pulpwood concession linked to the Royal Golden Eagle group cleared 2,200 hectares of forested peatlands in April and May 2024 amid conflict with an Indigenous Dayak community.