Why are banks and investors still funding Indofood?
This month, 10 banks committed another $2.1 billion in loans to Indonesian noodle giant, Indofood CBP Sukses Makmur – whose instant noodles rely on Conflict Palm Oil produced by its…
Make Top Ramen Deforestation Free
Nissin Foods sells around 1.5 billion servings each year of its globally popular Top Ramen and Cup Noodle products, but the company has long suffered from a lack of transparency in its supply chain and Conflict Palm Oil in its products. Tens of thousands of concerned citizens across Japan, the US and the world are speaking up against Nissin Foods, and RAN is helping lead the way!
International Business Time: Climate Change News: Amid Pandemic, Japan’s Megabanks Must Lead On Sustainability
“The path out of the current COVID-19 pandemic is still shifting, with long-term economic recovery perhaps even harder to predict. Massive amounts of money will be spent in the coming…
SMBC Misses Critical Opportunity to be a Climate Leader
SMBC’s New Climate Policy Falls Well Short of Mizuho’s All Eyes Now on Largest Bank MUFG Tokyo – Today, Japan’s third-largest bank – Sumitomo Mitsui Financial Group (SMBC Group, TYO:…
Japan’s Third Largest Bank – SMBC Group – In Discussions To Finance New Coal Export Terminal in California Amidst Pledge to Quit Coal Power
Contact: Laurel Sutherlin, Rainforest Action Network, (415) 246-0161 laurel@ran.org Margaret Rossoff, No Coal in Oakland, (510) 459-6054 margaretmft@gmail.com Oakland, CA — Today, Sumitomo Mitsui Financial Group (SMBC Group) announced…