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.
Posted by Joe Sutherland — 25 January 2017 at 3:27pm
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.
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.
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.
Posted by Angela Glienicke — 2 September 2016 at 1:49pm
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!
Posted by Angela Glienicke — 19 August 2016 at 8:00am
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.
Posted by India Thorogood — 10 August 2016 at 10:54pm
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.
IOI concessions were severely burnt during the 2015 forest fires
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