MUFG: No. 1 Asian banker of the climate crisis
Mitsubishi UFJ Financial Group (MUFG) –- the parent company of Union Bank in the U.S. — is Japan’s largest bank. It’s not only financing the construction of more coal plants…
Why are banks and investors still funding Indofood?
This month, 10 banks committed another $2.1 billion in loans to Indonesian noodle giant, Indofood CBP Sukses Makmur – whose instant noodles rely on Conflict Palm Oil produced by its…
The Bank You’ve Never Heard of That’s Bankrolling Deforestation AND the Climate Crisis
Around the world, our greatest protection against the climate crisis is going up in flames. Forests are our greatest line of defense against worsening climate chaos, but they’re being destroyed…
CNN: Opinion: We are facing a global emergency in the Amazon. Here’s what we can do
“The Amazon is burning, the Arctic is burning, and the list of scorched lands seems to continuously grow: Alaska, Greenland, Siberia, across Europe, and again in Indonesia. We must take action,…
Marketplace Advisory on Asia Pulp & Paper
In February 2013, Indonesia’s largest pulp and paper producer, Asia Pulp and Paper (APP), announced a “revolutionary” new Forest Conservation Policy: they would stop pulping natural tropical rainforests for paper,…
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…
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…
Rainforest Action Network Commends Ralph Lauren Corporation for New Policy on Wood-based Fabrics
The global fashion house develops sourcing policy, recognizes urgency of addressing deforestation for fashion, and sends signal to the market CONTACT: Emma Rae Lierley, Emma@ran.org, +1 425.281.1989 Ryan Lally,…