Over a Trillion Financed in Fossil Fuel Expansion; Billions by US Banks Since the Paris Agreement
“Wall Street’s Dirtiest Secret” Exposes How Much Banks Finance Fossil Fuel Expansion and Exploitation OAKLAND — As part of finance day of COP27 the Rainforest Action Network exposed startling facts…
Major Indonesian Palm Oil Suppliers Falsely Deny Sourcing Illegal Palm Oil
RAN calls for urgent action by brands and investigations on suppliers’ illegal operations Royal Golden Eagle Group and other palm oil traders that supply major brands like Procter & Gamble,…
Report: Global Bank Policies ‘Dangerously Inadequate’ to Prevent Financing of Deforestation, Climate Chaos and Human Rights Abuses
As the climate and biodiversity crisis intensifies, credit to forest-risk commodity companies increased over 60% between 2020 and 2021 **Report available in English, Portuguese and Indonesian languages *** Press release…
Rainforest Action Network (RAN) Responds to Pivotal Votes That Alter Forest Stewardship Council Standards
Members issue call for improvements to Remedy Framework to protect the FSC’s credibility San Francisco––the Forest Stewardship Council (FSC)––one of the world’s largest certification schemes for pulp and paper and…
Report: Consumer Goods Companies Caught Driving Illegal Climate Disaster for Palm Oil
For immediate release; high quality images, aerial drone footage, and evidence from the field and supply chain investigations are available upon request. ‘Carbon Bomb Scandals’ exposes big brands still buying…
Carbon Bomb Scandals: Big Brands Driving Climate Disaster for Palm Oil
New Investigation Exposes Consumer Goods Giants Still Buying Illegal Palm Oil From Protected Wildlife Reserve in Sumatra’s Leuser Ecosystem *View and download the full report here. Published the first day…
Rogue Palm Oil Company Trying to Steal Back Lands Redistributed to Communities by District Government in Indonesia
Urgent intervention needed by brands to end intimidation of land defenders in Tripa Peatland region by PT. Cemerlang Abadi Palm oil plantation company PT. Cemerlang Abadi (CA) continues to be…
Global Pressure Mounts on Trans Mountain Insurers in Advance of Renewal Deadline
As August 31 deadline nears, hundreds of thousands demand that Liberty Mutual rule out insuring tar sands expansion August 24, 2022 (Boston, MA, USA) – As Trans Mountain seeks to…
Close to $60bn invested in fossil fuels by North American insurers
(Note: This article first appeared in Reinsurance News) Author: Kassandra Jimenez-Sanchez Top North American insurers invested $59.7bn in fossil fuels, with $30.8bn in oil and gas holdings as of 2019, according…
Banks have to stop financing oil expansion. If they don’t, their net-zero commitments are greenwash.
This op-ed was first featured on Marketwatch. By Jason Opeña Disterhoft U.N. Secretary-General Antonio Guterres recently called on banks and other financial firms to stop financing the expansion of fossil…