Japanese Megabank MUFG Found to be Financing Massive Carbon Bomb in Indonesia’s Peatlands
JAKARTA/TOKYO — An explosive new investigation by Rainforest Action Network (RAN) has uncovered that Japanese banking giant Mitsubishi UFJ Financial Group (MUFG) has been financing one of Indonesia’s worst environmental…
Investors Increase Pressure on Japanese Companies to Take Urgent Climate Action
Market Forces Kiko Network FoE Japan Rainforest Action Network Japan’s largest banks and power companies have faced a record number of shareholders backing proposals calling for greater action and transparency…
Nissin Foods Suspends Problematic Palm Oil Companies; Environmental NGOs Attend Nissin’s 75th AGM, Demand Stronger Steps to Protect Forests
Nissin Foods publishes grievance list for the first time at annual shareholders meeting; RAN delivers 50,000+ petition and provides details on problems in Nissin supply chain. *Photos available here Rainforest…
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.
