BANGKOK: As members of the Roundtable on Sustainable Palm Oil (RSPO), the world’s largest palm oil certification system, meet in Bangkok for their 17th annual meeting, the world is in the midst…
Procter & Gamble major importer of “illicit” palm oil products produced by Malaysia’s FGV Washington, D.C. – Today a coalition of labor, environmental, and social justice NGOs filed a formal…
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 cancels $140 million loan to palm oil company Indofood over labor abuses. Will others take a stand?
Will PepsiCo drop Indofood? Despite having commitments to no deforestation and no exploitation, PepsiCo is partnering with a company proven to be clearing rainforests and abusing workers’ rights.
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…
Companies cannot pretend that Indofood’s palm oil is sustainable. Joint venture partners, brands, palm oil traders and financiers must take further action to send Indofood the message that its exploitative practices are not acceptable. Here is who has yet to cut ties to this notorious food giant.
“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…
“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…
Major brands Procter & Gamble, Hershey’s, and Unilever linked to illegality and labor abuses CONTACT: Emma Rae Lierley, emma@ran.org, +1 425-281-1989 San Francisco, CA – Malaysian palm oil giant FGV…