Japan’s largest bank MUFG adopts new policies to protect forests and the climate, but controversies abound
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…
Mongabay: Asian banks give billions to firms linked to deforestation, study finds
“Industries that cause the loss of rainforest and peatlands in Southeast Asia were bankrolled to the tune of $62 billion between 2013 and 2018, according to new data released by…
The Day After: And Tomorrow
Our Executive Director, Lindsey Allen’s perspective on the recent US Midterm Elections and what the results mean for the forests, climate, and our work.
Forbes: See How Your Halloween Candy Is Made From Palm Oil Destroying The Sumatran Rainforest
“Candy makers and companies like PepsiCo and Unilever have made promises to change their practices when it comes to using conflict palm oil, but according to the Rainforest Action Network, that’s been monitoring…
Earther: Prized Forests Lost Big at This Year’s Olympics
“Half of the tropical plywood used in Japan comes from the Malaysian state of Sarawak on the island of Borneo, which has one of the highest rates of deforestation in…
Major International Banks and Investors Finance Devastating Impacts of Forest-Risk Commodities
New Report Finds Eight Corporate Giants in Palm Oil, Pulp and Paper, Timber and Rubber Involved in Social and Environmental Scandal; Exposes Financial Backing FOR IMMEDIATE RELEASE CONTACT: Hana Heineken…
Alternet: Pepsi, McDonalds, Nestlé, Other Major Brands Implicated in Illegal Destruction of Critical Elephant Habitat (video)
“A Rainforest Action Network field investigation team has documented new evidence of large-scale, illegal rainforest destruction within habitat critical to the survival of the Sumatran elephant, tiger and orangutan.” (read…
How many trees are cut down every year?
Rainforests across the world are in great danger. Food and Agriculture Organization’s 2016 State of the Forests report revealed that 7 million hectares of forest are lost annually while agricultural…
PepsiCo Still Linked to Conflict and Exploitation Despite New Palm Oil Policy from Partner Indofood
International NGOs criticize “corporate window dressing,” call for revisions and real action to address worker exploitation, land rights conflicts and deforestation in Indofood’s global operations. FOR IMMEDIATE RELEASE CONTACT: Emma…
Mongabay: Will there really be enough sustainable palm oil for the whole market?
And then there is the issue of the quality of the RSPO’s green label itself. The roundtable’s standard only protects old-growth primary forests and deep peat swamps. But the trend…