Blog: Forests

HSBC: what they've said about funding deforestation, and why it's wrong

Posted by jamie — 8 February 2017 at 2:59pm - Comments
Bulldozers clearing peatland forest in Central Kalimantan, Indonesia
All rights reserved. Credit: Kemal Jufri / Greenpeace
Bumitama, the company behind these bulldozers, received loans from HSBC despite breaching the bank's policies

Over three weeks ago, we exposed how HSBC is funding palm oil companies that are tearing up Indonesia's forests. Since then, thousands of emails have been sent to the CEO. Now HSBC is responding to those emails, but what it's saying is at times misguided, and other times just plain wrong.

HSBC boss grilled on Greenpeace campaign at Davos

Posted by Joe Sutherland — 25 January 2017 at 3:27pm - Comments

Last week we revealed that HSBC - the biggest bank in the UK - is funding palm oil companies who are destroying rainforests in Indonesia. People across the world have since demanded that HSBC stop its profit-hungry palm oil investments.

'You wouldn't risk this place for all the oil in the world' - Introducing the Amazon Reef

Posted by Mal Chadwick — 23 January 2017 at 12:43pm - Comments
All rights reserved. Credit: Zig Koch / Natureza Brasileira

Big news: scientists have confirmed the discovery of an incredible coral reef at the mouth of the Amazon river!

 

But we can’t celebrate just yet: oil companies are closing in with a reckless plan to drill for oil nearby. Once they get government approval, these companies could start drilling within months. We can’t let that happen.

An oil spill could devastate this amazing place, harming wildlife and ruining local people’s livelihoods. 

Revealed: HSBC linked to forest destruction

Posted by Annisa Rahmawati — 16 January 2017 at 12:05pm - Comments

This is a guest blog from Annisa Rahmawati, Senior Forest Campaigner, Greenpeace Southeast Asia.

Today we’ve let the cat out of the bag that HSBC - the biggest bank in the UK - is funding destructive palm oil companies.

Three small letters destroying the rainforest

Posted by India Thorogood — 23 September 2016 at 2:26pm - Comments
All rights reserved. Credit: Greenpeace

Decades of forest destruction by palm oil and paper companies laid the foundations for 2015’s Indonesian forest fires. The Indonesian government responded with a firm commitment to crack down on rogue companies. Hundreds of thousands of us pushed brands like Colgate to toughen up their ‘no deforestation’ policies.

In pictures: Love the Amazon on Amazon Day!

Posted by Angela Glienicke — 2 September 2016 at 1:49pm - Comments

5th September is the day the largest rainforest in the world is celebrated in Brazil. It’s Amazon Day! With an estimated 16,000 tree species the Amazon is often referred to as the lungs of the planet. It is also home to over 20 million people, including thousands of Indigenous Peoples, hundreds of bird species and mammals and over 2.5 million insect species!  <--break->

In pictures: In the palm of our hands, orangutans on their special International Orangutan Day

Posted by Angela Glienicke — 19 August 2016 at 8:00am - Comments

Every year on the 19th August the orangutan gets its own special day. One of the renowned victims of the palm oil industry the orangutans are threatened with extinction due to the destruction of the tropical rainforest. The population of the Sumatran orangutan in the wild is thought to have fallen by more than 50% from 1992-2000, due to the degradation of their habitat.

The orangutans, who for the first few years hold tight to their mother's body as she moves through the forest canopy, can live up to 45 years in the wild.

Siemens, Greenpeace and the Munduruku: a response to Juergen Maier

Posted by Mal Chadwick — 17 August 2016 at 10:06am - Comments

Last week, representatives from the Munduruku Indigenous People visited Siemens’ UK headquarters with a group of Greenpeace activists as part of our Save the Heart of the Amazon campaign. Although he wasn’t able to meet with the Munduruku that day, Siemens UK CEO Juergen Maier has published a blog post about our action and the issues surrounding it.

Why are Indigenous warriors and 15 monkeys at Siemens HQ?

Posted by India Thorogood — 10 August 2016 at 10:54pm - Comments

Two Munduruku Indigenous People, 15 mischievious 'monkeys' and a few Greenpeace activists - this morning we’re bringing the Amazon to Siemens’ grey campus in Surrey. The Munduruku have travelled thousands of miles to demand a meeting with Siemens bosses about Amazon dams, after months of ambivalence to warnings from across the world.

Destructive palm oil company IOI let off the hook too easily by RSPO

Posted by Annisa Rahmawati — 10 August 2016 at 11:32am - Comments
A Greenpeace investigator bears witness in an IOI palm oil concession
All rights reserved. Credit: Ulet Ifansasti / Greenpeace
IOI concessions were severely burnt during the 2015 forest fires

A major palm oil company, which had its sustainability certificates suspended for violating rules designed to prevent the destruction of Indonesia's forests and peatlands, has had those certificates reinstated. This shocking decision by the industry's own sustainability group to lift the suspension sends a message that it's OK for palm oil companies to continue trashing forests in pursuit of profits.

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