Citigroup Cancels Financing of Indonesian Food Giant Indofood Over Palm Oil Labor Abuses
Major Asian, European banks and US brands still linked to controversial company San Francisco, CA – Citigroup has canceled all financing to Indonesian food giant and agribusiness company Indofood (INDF:IJ)…
Huffington Post: A UK Grocery Chain Banned Palm Oil. Here’s Why That’s Not Enough.
“If we want to create real change for the world’s forests and climate, we need to change the industry from the plantation ground-up, and time is running out.” (Read More)
Mongabay: Indonesian billionaire using ‘shadow companies’ to clear forest for palm oil, report alleges
“The owner of Indonesia’s largest conglomerate has been accused of participating in the illegal deforestation of Borneo’s Ketungau peat swamp to make way for oil palm plantations. The Salim Group,…
The London Economic: Major international brands connected to one of the largest cases of illegal rainforest clearance ever
““This report provides clear evidence of shady business dealings and inaction at the highest levels of business, all while tropical rainforests continue to fall for Conflict Palm Oil,” said Gemma…
New Report Uncovers One of the Largest Cases of Illegal Rainforest Clearance in Borneo for Palm Oil Development
Major international banks and brands connected to company controlled by notorious Indonesian business tycoon, knowingly clear-cutting tropical rainforests CONTACT: Emma Rae Lierley, +1 425 281 1989, Emma@ran.org Ronny Hansen,…