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…
Who’s Bankrolling TransCanada?
Banking on TransCanada Means Banking on Keystone XL Today, the Trump administration approved TransCanada’s latest permit to build the Keystone XL tar sands pipeline – a permit which the Obama…
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…
Eco-Business: The top 5 CSR stories in 2016
California-based Rainforest Action Network (RAN), Indonesia-based community group Tuk Indonesia and Dutch consultancy Profundo revealed that at least $38 billion worth of commercial loans and underwriting facilities were provided to 50 companies in…
First of its Kind Online Platform Reveals the Banks and Investors Financing Companies Linked to Tropical Forest Loss in Southeast Asia
Financial sector under the spotlight in new international push to protect forests and forest communities FOR IMMEDIATE RELEASE Contact: Blair Fitzgibbon, blair@soundspeedmedia.com Singapore ––Today, Rainforest Action Network (RAN), TuK INDONESIA…
5 Things to Know: Why Big Banks Still Haven’t Passed the Coal Test
Rainforest Action Network released a new report today about the big banks profiting off of coal. Here are five things you need to know from The Coal Test: Where Banks…
Wall Street is listening — banks must drop coal!
In just six months, four of the six biggest U.S. banks have committed to cut financing for coal mining: Bank of America, Citi, Morgan Stanley and Wells Fargo. That’s excellent…
Coal India: You spoke, Wall Street listened!
Good news this week! On Coal India, you spoke—and Wall Street listened. U.S. banks stayed away from the deal! Back in September, we asked for your help when a share…
Citigroup Takes a Step Away From Banking Coal
Earlier today, Citigroup, the parent company of Citibank, committed to take a significant, though partial step away from banking coal. The company updated its environmental policy statement, stating that it…