Starting three years ago, the largest American banks vowed to cut back on lending to the coal industry. “The bank has a responsibility to help mitigate climate change by leveraging…
May 28, 2018
April 26, 2018
Equal Times: Slow progress in the fight against child labour in Indonesia
“Many of them harvest palm oil, one of the country’s main exports, in the plantations covering millions of hectares. “Child labour is really widespread in the palm oil industry,” says…
April 12, 2018
Huffington Post: A UK Grocery Chain Banned Palm Oil. Here’s Why That’s Not Enough.
“If we want to create real change for the world’s forests and climate, we need to change the industry from the plantation ground-up, and time is running out.” (Read More)
April 11, 2018
Mongabay: Indonesian billionaire using ‘shadow companies’ to clear forest for palm oil, report alleges
“The owner of Indonesia’s largest conglomerate has been accused of participating in the illegal deforestation of Borneo’s Ketungau peat swamp to make way for oil palm plantations. The Salim Group,…
April 11, 2018
The London Economic: Major international brands connected to one of the largest cases of illegal rainforest clearance ever
““This report provides clear evidence of shady business dealings and inaction at the highest levels of business, all while tropical rainforests continue to fall for Conflict Palm Oil,” said Gemma…
April 9, 2018
Global News: Kinder Morgan decision to halt pipeline work a ‘devastating’ blow to energy sector: Scheer
One of the environmental groups that signed that letter, Rainforest Action Network, issued a short statement in response to the halting of work and spending by Kinder Morgan, saying investors…
April 4, 2018
Sierra Club: Bank Funding in Fossil Fuels Increased Last Year
Private banks around the world funneled more money into the global fossil fuel sectors in 2017, according to a report released today by Rainforest Action Network, BankTrack, Indigenous Environmental Network,…
March 29, 2018
Quartz: Sustainability is all the rage but financing of extreme fossil fuels is on the rise
As the world struggles to keep to its commitment of stopping global temperatures from increasing more than 2°C above pre-industrial levels, there has been increasing scrutiny over the financial sector’s…
March 28, 2018
Eco Watch: Bank Funding of Fossil Fuels Soars
Private banks around the world are back to funneling more money into the global fossil fuel sectors in 2017, according to a report released today by Rainforest Action Network, BankTrack,…
March 28, 2018
NPR Radio: Under Trump Administration, Big Banks Are Investing More Money Into Coal
Over the past decade, the market for Mountain West coal has cooled. Renewables and natural gas in the U.S. are cheaper, stocks are tumbling and some coal companies are even…