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Search Results for: mitsubishi

New Report Profiles Major Brands and Banks Driving Deforestation and Human Rights Abuses; Failing to Meet 2020 Commitments

Posted March 30, 2020 in Press Releases

Marks the launch of a new campaign by Rainforest Action Network ***Rainforest Action Network wants to acknowledge the extraordinary circumstances of this moment, given the terrible impacts of COVID-19 on…

The Bank You’ve Never Heard of That’s Bankrolling Deforestation AND the Climate Crisis

Posted February 28, 2020 in The Understory

Around the world, our greatest protection against the climate crisis is going up in flames. Forests are our greatest line of defense against worsening climate chaos, but they’re being destroyed…

Japan’s Megabanks Complicit in Destroying Critical Carbon Sinks & Fueling Illegality

Posted January 29, 2020 in Press Releases

New report examines Japanese bank financing of Indonesia’s devastating fires; tropical forest and peatland destruction; human rights abuses  Tokyo – A new report published today by Rainforest Action Network (RAN)…

The Last of the Leuser Lowlands: Field Investigation Exposes Big Brands Buying Illegal Palm Oil From the Singkil-Bengkung Peatlands

Posted September 29, 2019 in Leuser Watch Posts

Our undercover investigations expose rainforest destruction for palm oil, grown illegally in a protected wildlife reserve within the Leuser Ecosystem, and used to manufacture snack foods sold around the world.

RAN tells MUFG “Stop funding Conflict Palm Oil & Fossil Fuel Expansion” ahead of Shareholder Meeting

Posted July 1, 2019 in The Understory

This week, RAN and our supporters protested the MUFG Union Bank headquarters in downtown San Francisco calling on MUFG to drop its financing of Conflict Palm Oil, deforestation, fossil fuels, and human rights abuses.

Japan’s Largest Bank MUFG/Union Bank Protested Over Harmful Financing

Posted June 26, 2019 in Press Releases

Environmentalists call on MUFG to stop lending to Conflict Palm Oil, fossil fuel expansion ahead of annual shareholder meeting San Francisco, CA – Today, a group of activists protested outside…

Citigroup Cancels Financing of Indonesian Food Giant Indofood Over Palm Oil Labor Abuses

Posted June 17, 2019 in Press Releases

Major Asian, European banks and US brands still linked to controversial company San Francisco, CA – Citigroup has canceled all financing to Indonesian food giant and agribusiness company Indofood (INDF:IJ)…

Citigroup, Standard Chartered, and Rabobank cancel substantial loans to palm oil company Indofood over labor abuses. Will others take a stand?

Posted June 17, 2019 in The Understory

Citigroup cancels $140 million loan to palm oil company Indofood over labor abuses. Will others take a stand?

Japan’s largest bank MUFG adopts new policies to protect forests and the climate, but controversies abound

Posted May 16, 2019 in Press Releases

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…

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

Posted March 19, 2019 in Press Releases

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…

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