Royal Golden Eagle Group Receives Billions in Sustainability Loans Amid Ongoing Links to Deforestation Across its Business

Royal Golden Eagle has received $4.25 billion in “sustainability linked loans” since 2021, with Japanese megabank Mitsubishi UFJ Financial Group (MUFG) playing a key role. This green finance purports to incentivize “zero tolerance for deforestation” and “radical traceability and transparency,” among other headline goals, but regulators have expressed concerns around greenwashing.

Senior Corporate Engagement Specialist, Forests

RAN is looking for a motivated, passionate and hard-working Senior Corporate Engagement Specialist to lead engagement with companies named in our Keep Forests Standing campaign, and work together with our global team. This position will use a high level of professionalism and savvy negotiating skills to pressure some of the biggest agribusiness and forestry companies in the world as well as their multinational customers.

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PT. Toba Pulp Lestari: A Corporate Repeat Offender

424 hectares of natural forest were cleared within PT. Toba Pulp Lestari’s concessions after the introduction of RGE’s “no deforestation” policy in 2015.