Citigroup cancels $140 million loan to palm oil company Indofood over labor abuses. Will others take a stand?
You may be wondering, what the heck does insurance have to do with climate change? Well, the insurance industry is supposed to protect us from risk. But when it comes…
May 21, 2019 Jamie Dimon Chair and CEO JPMorgan Chase & Co. 270 Park Ave. New York, NY 10017 To Mr. Dimon: JPMorgan Chase is the world’s leading banker of…
Will PepsiCo drop Indofood? Despite having commitments to no deforestation and no exploitation, PepsiCo is partnering with a company proven to be clearing rainforests and abusing workers’ rights.
This case study was written by Tara Houska (Honor the Earth) and Jason Disterhoft (RAN) for our latest bank report card, Banking on Climate Change: Fossil Fuel Finance Report Card…
This case study was written by Hana Heineken (RAN), Kimiko Hirata (KikoNet), Bernadette Maheandiran (Market Forces) and Shin Furuno (350.org Japan) for our latest bank report card, Banking on Climate…
This case study was written Greig Aitken (BankTrack) and Kuba Gogolewski (Foundation Development YES – Open-Pit Mines NO) for our latest bank report card, Banking on Climate Change: Fossil Fuel…
This case study was written by Bernadette Demientieff (Gwich’in Steering Committee), Ben Cushing, Gabby Brown, and Cara Bottorff (Sierra Club) for our latest bank report card, Banking on Climate Change:…
This case study was written by Lorne Stockman, Senior Research Analyst at Oil Change International for our latest bank report card, Banking on Climate Change: Fossil Fuel Finance Report Card…
This case study was written Kate DeAngelis (Friends of the Earth U.S.), Ilham Rawoot, Anabela Lemos, Daniel Ribeiro (JA!/Friends of the Earth Mozambique), and Dipti Bhatnagar (Friends of the Earth…
Companies cannot pretend that Indofood’s palm oil is sustainable. Joint venture partners, brands, palm oil traders and financiers must take further action to send Indofood the message that its exploitative practices are not acceptable. Here is who has yet to cut ties to this notorious food giant.
You may have missed it- but Citi has finally released their policy on funding coal power…and we’re pretty sure you won’t be shocked to know, it is underwhelming.
TransCanada is trespassing on Wet’suwet’en land to start construction of Coastal Gas Link pipeline. What banks are financing this pipeline –– and the clear abuse of Indigenousrights? Check out our rundown of who’s banking on the Coastal Gas Link pipeline.
UPDATE – January 2019: Last month, two lines of credit to TransCanada subsidiaries were set to expire — totalling USD $1.5 billion, a quarter of TransCanada’s credit available for general corporate…
Three of us from RAN’s climate and energy team––Paddy, Jason and myself––have just arrived in Katowice, a small city in the heart of Polish coal mining country for COP24, the…
In a surprising shift in rhetoric, Fatih Birol, executive director of the world’s most influential energy think tank, has recently stated that the world cannot expand fossil fuel supply and…
I am Nemonte Nenquimo. My name means Many Stars. My people are the Waorani and our forest is our home. I am a Waorani woman and a mother.
The notorious Keystone XL (KXL) tar sands pipeline has hit yet another major legal roadblock. On Thursday November 8, a federal judge overturned President Trump’s approval of the project, finding the administration in breach of key environmental laws.
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.
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.
In-depth investigations into the Korean-Indonesian conglomerate Korindo Group have produced two reports documenting sweeping evidence of illegality, environmental destruction and community rights violations and links to the Tokyo 2020 Olympics.
Today, Indonesia’s largest food company, Indofood, was SANCTIONED by the Roundtable on Sustainable Palm Oil (RSPO), the world’s largest certification system for “sustainable” palm oil. Demand that buyers, joint venture partners, and financiers end all business with Indofood until the company adopts a comprehensive “No Deforestation, No Peatland Destruction, No Exploitation” policy and implementation plan.
Our Executive Director, Lindsey Allen’s perspective on the recent US Midterm Elections and what the results mean for the forests, climate, and our work.
In our last blog, we asked YOU: what are fun alternatives to problematic candy this Halloween? Most of us love chocolate, but too many candymakers are more concerned about profits than about rainforests being destroyed by Conflict Palm Oil (which is found in their chocolate!).
We answer questions about what to do with Conflict Palm Oil in candy and how we can demand more of the companies that still have it in their supply chains. We ask YOU for Halloween alternatives … stay tuned for your answers in our next blog!