HSBC and Commerzbank are financing dubious palm oil company Noble

 Oil palm graveyard - these palms were injected with pesticides (paraquat, according to locals) so to kill them and allow preparations for the next planting. | Bild (Ausschnitt): © Wakx [CC BY-NC-SA 2.0] - Flickr

In January 2017 Greenpeace released the report „Dirty Bankers – How HSBC is financing forest destruction for palm oil“.   This report provides a detailed explanation of the business relations between HSBC and controversial palm oil companies.
HSBC is considered to   ... →

Press Release: Illegal conversion timber export threatens African countries’ forests and agreements with EU

Amsterdam, 27 May 2014 – Illegal and corrupt behaviour by foreign-owned companies engaged in establishing large palm oil plantations not only threatens local communities and forested areas throughout west and central Africa, but will seriously undermine legislation being set up   ... →

Greenpeace Links Procter & Gamble to “Dirty” Palm Oil Operations in Indonesia

After a yearlong investigation of Procter & Gamble’s supply chains, Greenpeace determined that P&G products contribute to climate change, tropical biodiversity loss, and a decline in the region’s endangered species. According to the report, P&G, consuming 460,000 tons of palm   ... →