Report: Major Bank and Investor Policies Accelerating Forest Destruction, Biodiversity Loss, Climate Chaos and Rights Violations
New analysis documents $307 billion flowing from big finance into forest-risk commodities driving massive tropical deforestation *View report landing page here A new report released today, on ‘Finance Day’ at…
SEC Petitioned to Investigate JBS, the World’s Largest Meatpacker Ahead of IPO
Rainforest Action Network has filed a complaint with the SEC over pattern of illegal and corrupt actions by the Brazilian meat giant *See RAN’s SEC Complaint Submission for details and…
Report: Global Bank Policies ‘Dangerously Inadequate’ to Prevent Financing of Deforestation, Climate Chaos and Human Rights Abuses
As the climate and biodiversity crisis intensifies, credit to forest-risk commodity companies increased over 60% between 2020 and 2021 **Report available in English, Portuguese and Indonesian languages *** Press release…
Chase’s Big Rainforest Problem
We all know JPMorgan Chase is the largest funder of fossil fuels, and is the leading banker of climate chaos, by a long shot. But did you know that Chase’s…
Follow the Money Behind Deforestation
Banks are directly financing the fossil fuel industry and their dollars are also literally clear cutting the world’s rainforests for the production of palm oil, paper and pulp and soy. It’s a double whammy on the climate and a triple danger for Indigenous and frontline communities. That’s why RAN is ramping up the pressure on some of the world’s largest banks and financiers.
The Money Behind the Big Business of Burning
Tropical forests do not burn by themselves — Big Agribusiness is setting the fires intentionally, as it’s the cheapest way to clear new land for palm oil, pulp and paper, soy, and beef. But they need the cash from the world’s mega banks and investors like fire needs oxygen — to defend our forests we need to defund the fires.
Rigged Games
The Tokyo 2020 Olympics and its corruption scandals are directly tied to rainforest destruction: The Games’ timber supplier Korindo was “allegedly engaged in questionable deals” as they bought up rainforests in Indonesia to harvest timber and develop palm oil plantations. But to date, the Tokyo 2020 organizers have failed to disclose how much Korindo wood they used, rejected six complaints we brought against them over their use of Korindo wood, and only partially disclosed where the wood was sourced from.
