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 be one of the leading investors of the palm oil industry. Noble Group for example, a supplier of agricultural and energy products based in Hong Kong, is financed by this bank.   ... →

Norwegian Pensionfund: Recommendation for exclusion of 6 new companies

 The Council of Ethics for the Norwegian Government Pension Fund Global, one of the largest investors worldwide, has issued recommendations to exclude 6 more companies from the investment portfolio.

Its annual report 2014 and the corresponding website give details on the recommendations concerning the following companies:

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