MUFG Falls Behind Peers in New ESG Finance Policy Announcement

MUFG’s policy revisions “disappointing,” says Rainforest Action Network  Japan’s largest bank, Mitsubishi UFJ Financial Group (MUFG), released a revised Environmental, Social and Governance (ESG) financing policy today, but fell short…

Media Briefer: PepsiCo Adopts Comprehensive Shift in Approach to Palm Oil

MEDIA BRIEFER, February 25, 2020 Link to RAN’s press release: https://www.ran.org/press-releases/pepsico-adopts-comprehensive-shift-in-approach-to-palm-oil/ Link to PepsiCo’s policy: https://www.pepsico.com/docs/album/esg-topics-policies/global-policy-for-sustainable-palm-oil.pdf Link to PepsiCo’s commitments on Independent Verification, the Leuser Ecosystem, and Grievance Process: https://www.pepsico.com/sustainability/palm-oil…

GUESS?, Inc. commits to rainforest-free fabrics

Big news! GUESS?, Inc. recently announced it will take action to end the risk of forest destruction and human rights abuses in its clothing. GUESS?, Inc. is the latest brand…

WestLB Takes A Brave Step In The Right Direction

This post is by Yann Louvel, BankTrack Climate and Energy Campaign Coordinator. Last month we got some promising news from WestLB, the German bank. They produced a new policy on…