Shareholders send MUFG a stark climate warning
June 29, 2021: June 29, 2021: At its AGM today in Tokyo, 23% of shareholders issued a major climate warning to Mitsubishi UFJ Financial Group (“MUFG”) management by voting in…
Rainforest Action Network Welcomes Nissin Foods Belated Palm Oil Policy Revision; Calls for a More Ambitious Timeline to Address Conflict Palm Oil Problem
RAN lauds ‘Step in the Right Direction’ but says noodle giant’s decade long delay in eliminating Conflict Palm Oil from instant noodles is unacceptable SAN FRANCISCO and TOKYO – In…
SMBC Misses Critical Opportunity to be a Climate Leader
SMBC’s New Climate Policy Falls Well Short of Mizuho’s All Eyes Now on Largest Bank MUFG Tokyo – Today, Japan’s third-largest bank – Sumitomo Mitsui Financial Group (SMBC Group, TYO:…
Japan’s Third Largest Bank – SMBC Group – In Discussions To Finance New Coal Export Terminal in California Amidst Pledge to Quit Coal Power
Contact: Laurel Sutherlin, Rainforest Action Network, (415) 246-0161 laurel@ran.org Margaret Rossoff, No Coal in Oakland, (510) 459-6054 margaretmft@gmail.com Oakland, CA — Today, Sumitomo Mitsui Financial Group (SMBC Group) announced…
Japan’s Megabanks Complicit in Destroying Critical Carbon Sinks & Fueling Illegality
New report examines Japanese bank financing of Indonesia’s devastating fires; tropical forest and peatland destruction; human rights abuses Tokyo – A new report published today by Rainforest Action Network (RAN)…
Stop the Olympics from destroying the rainforests
RAN and our partners — TuK Indonesia and WALHI — have been investigating a giant logging and palm oil company called Korindo, which has been cutting down rainforests in Indonesia. Korindo’s timber supply chain extends into some of the most biodiverse tropical ecosystems in the world, including the home of the critically endangered Bornean orangutan.
INVESTIGATIVE REPORT: Rainforest defenders, torture and banks
What do human rights abuses, 2020 Olympics and banks have in common? Wrongfully arrested and tortured by police for defending their own land… These are just a couple of the unimaginable human tragedies we’ve discovered in the rainforests of North Maluku, Indonesia.
Broken Promises
Olympic authorities have violated their pledge to host a sustainable Olympics in 2020. Our joint investigation found Korindo wood used in the construction of Olympic venues from the same mill linked to destruction of orangutan habitat and large-scale conversion of tropical rainforests.
Summary Briefing for Investors, Banks and Regulators in Japan
This is a summary briefing of the 2018 edition of Banking on Climate Change, the ninth annual fossil fuel finance report card, which grades 36 commercial banks from Australia, Canada,…
Over 100K People Demand “Zero Rainforest Destruction for Tokyo 2020 Olympics
March 28, 2018 For Immediate Release Contact: Laurel Sutherlin, Rainforest Action Network (USA), +1 415 246 0161, laurel@ran.orgYuki Sekimoto, Rainforest Action Network (Japan), +81 3 3341 2022, yuki.sekimoto@ran.org Over 100K…