Thursday 19 January 2017

HSBC funding Indonesian forest destruction: Greenpeace


WOOD PILE
HSBC funding Indonesian forest destruction: Greenpeace Jakarta (AFP) Jan 17, 2017 - Greenpeace on Tuesday accused banking giant HSBC of helping to arrange billions of dollars in financing for companies whose palm oil operations have been blamed for destroying vast swathes of Indonesian rainforest. The environmental group said the British bank had broken its own guidelines which ban supporting palm oil companies involved in unsustainable practices as it was part of syndicate ... more

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