Bnp Paribas

Who still banks on destroying Indonesia's forests?

Posted by jamie — 15 March 2017 at 1:07am - Comments
Forest clearance in land owned by a subsidiary of Bumitama Gunajaya Agro, West K
All rights reserved. Credit: Ulet Ifansasti / Greenpeace
Many major banks need to act and refuse funding to palm oil companies that destroy forests

A few weeks ago, HSBC took a big step forward in cutting its links with the destruction of Indonesia's forests by pledging to end funding for destructive palm oil companies. But HSBC is not the only bank lending money to palm oil companies pushing further and further into the forest, and the others now have a lot of catching up to do.

Article tagged as: anz, bank of america, BNP Paribas, deforestation, deutsche bank, forests, HSBC, indonesia, palm oil, standard chartered

HSBC backs nuclear power in Indian earthquake zone

Posted by jamie — 11 May 2011 at 12:34pm - Comments
Site of the proposed nuclear power station in Jaitapur, India
All rights reserved. Credit: Apoorva Salkade / Greenpeace
Site of the proposed nuclear power station in Jaitapur, India

Two months ago, an earthquake and tsunami hit Japan. This not only resulted in a huge natural disaster and humanitarian crisis, but also triggered an unprecedented man-made tragedy. And yet plans are afoot to build a nuclear power plant in another earthquake zone, this time in India.

Article tagged as: BNP Paribas, climate change, HSBC, india, jaitapur, nuclear power
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