MUFG Fails to Mitigate Climate Risks
Description of coal finance has not changed since last year, and its exception provisions still allow the bank to provide financing to coal-fired power projects.
Description of coal finance has not changed since last year, and its exception provisions still allow the bank to provide financing to coal-fired power projects.
Some of the world’s best known consumer brands are fueling climate change by sourcing palm oil and wood pulp linked to Indonesian forest fires.
Unilever, Mondelez, Nestle, and Procter & Gamble (P&G), and top palm oil traders including Wilmar are buying palm oil from producers linked to thousands of fire hotspots in Indonesia this year.
ASEAN leaders have a great opportunity to end transboundary haze once and for all, by taking real action and implementing an existing regional agreement.
No sanctions have been given to the ten palm oil companies with the largest areas of burned land from 2015 to 2018, new Greenpeace Indonesia mapping analysis revealed.
Every year new generations of Indonesians are exposed to fires and haze while palm and pulp companies benefit from poorly enforced laws and lack of transparency.