Nippon Paper Group Put On Notice: Bushfires Change Everything
Forty-one environmental groups have today written to Japan’s Nippon Paper Group, which owns the Opal Australian Paper mill in Maryvale, Victoria, Australia, detailing concerns around the company’s Australian supply chain. The…
MUFG fails to commit to Paris alignment at 2020 AGM
ESG financing policy now weakest among Japanese megabanks Tokyo, Japan – Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank, indicated at today’s annual shareholder meeting that it has no intention…
International Business Time: Climate Change News: Amid Pandemic, Japan’s Megabanks Must Lead On Sustainability
“The path out of the current COVID-19 pandemic is still shifting, with long-term economic recovery perhaps even harder to predict. Massive amounts of money will be spent in the coming…
MUFG Falls Behind Peers in New ESG Finance Policy Announcement
MUFG’s policy revisions “disappointing,” says Rainforest Action Network Japan’s largest bank, Mitsubishi UFJ Financial Group (MUFG), released a revised Environmental, Social and Governance (ESG) financing policy today, but fell short…
Japan’s 2nd Largest Bank – Mizuho – Announces Strictest ESG Policies To Date In Japan
Strengthens protections for climate & forests, setting new benchmark for Japanese banks San Francisco – Today, Mizuho Financial Group (8411:Tokyo) –– Japan’s 2nd largest bank and a prominent financier of…
Time: Want to Stop the Next Pandemic? Start Protecting Wildlife Habitats
“Despite years of creative and resource-intensive work by governments and nonprofits, companies’ actions to mitigate habitat loss aren’t adding up. Many large companies have pledged to halt deforestation, the largest driver of…
New Report Profiles Major Brands and Banks Driving Deforestation and Human Rights Abuses; Failing to Meet 2020 Commitments
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…
Reuters: PepsiCo adopts stricter, greener rules for palm oil in products
“Under PepsiCo’s new policy, the major international buyer of palm oil has strengthened its commitments to protect, restore and monitor forests and peatlands. It has pledged not to purchase palm…
International Business Times: OpEd – For Forest Survival, Corporations Are Accountable To Uphold Indigenous Land Rights
“As climate change deepens, forests –– those lush, abundant, mysterious stands of trees that for millennia have quietly produced the air we breathe and the water we drink –– have…
The Telegraph: HSBC has not cut its ties to deforestation despite pledge, say activists
“HSBC has been accused of continuing to fund firms linked to deforestation despite its pledge to sever ties with unethical palm oil producers years ago. The bank is “falling short” on…