First-ever database reveals true scope of financing of forest-risk commodity companies, amidst global rainforest fires Explore the full Briefer here. San Francisco — Amid a tropical forest fire season that is…
Major Global Brands and Banks Complicit in Production of Conflict Palm Oil on Stolen Community Lands in Indonesia
Nestlé, Mars, Mondelēz, Unilever, and Dutch bank ABN AMRO found in violation of their own policies against human rights abuses *Publishable images from field and supply chain investigations available on…
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…
Citi Becomes Second Wall Street Bank to Join Carbon Accountability Initiative; RAN Responds
In response to the announcement of Citi’s five-year 2025 Sustainable Progress Strategy, including joining the Partnership for Carbon Accounting Financials (PCAF), Jason Opeña Disterhoft, Rainforest Action Network Climate and Energy…
RAN Responds to Morgan Stanley joining Partnership for Carbon Accounting Financials
In response to news that Morgan Stanley is joining the Partnership for Carbon Accounting Financials, Jason Opeña Disterhoft, Rainforest Action Network Climate and Energy Senior Campaigner, said: “Today’s move is…
Wall Street’s Biggest Banks Back New Climate Initiative; Climate Advocates Raise Questions
San Francisco – Four of America’s largest banks, JPMorgan Chase, Wells Fargo, Bank of America and Goldman Sachs, have announced as Founding Partners of the Center for Climate Aligned Finance,…
Nippon Paper Group Put On Notice: Bushfires Change Everything
Forty-one environmental groups have today written to Japan’s Nippon Paper Group, which owns the Opal Australian Paper mill in Maryvale, Victoria, Australia, detailing concerns around the company’s Australian supply chain. The…
Talanx drops support for Trans Mountain pipeline and Munich Re could follow
Global campaign targets Liberty Mutual and remaining insurers of the Canadian tar sands pipeline CONTACT: Elana Sulakshana, (703) 589 0040 German insurer Talanx will no longer back Canada’s controversial Trans Mountain pipeline,…
After ruling out Adani, Liberty Mutual must abandon plans to build a new coal mine in Australia
Liberty Mutual is coming under fire for backing the Baralaba South coal mine CONTACT: Elana Sulakshana, (703) 589 0040 Global pressure is mounting on one of the world’s largest insurers, Liberty Mutual,…
MUFG fails to commit to Paris alignment at 2020 AGM
ESG financing policy now weakest among Japanese megabanks Tokyo, Japan – Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank, indicated at today’s annual shareholder meeting that it has no intention…