HSBC and Commerzbank are financing dubious palm oil company Noble

Oil palm plantation in Popondetta, Papua New Guinea.

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   ... →

Sampoerna Agro: Indonesian Palm Oil producer fined for rainforest destruction

Für Palmöl gerodeter Regenwald, Quelle: flickr, © H Dragon

Rainforest destroyed for palm oil, Quelle: flickr, © H Dragon

In a court decision of August 2016, the Indonesian court in Jakarta sentenced the Indonesian palm oil producer Sampoerna Agro to the highest ever penalty for illegal slash and burn   ... →