First test of ‘net zero’ bank commitments as pulp & paper giants seek finance for expansion that could torpedo Indonesia’s climate goals

First test of ‘net zero’ bank commitments as pulp & paper giants seek finance for expansion that could torpedo Indonesia’s climate goals

Civil society groups warn that material risks to financial institutions haven’t been disclosed New analyses released today by a coalition of civil society organizations reveal significant material risk to banks and investors exposed to two of the world’s largest pulp...
Indonesian paper giant APP takes over North American Domtar, putting the company’s credibility at risk

Indonesian paper giant APP takes over North American Domtar, putting the company’s credibility at risk

For the pulp and paper industry, it is the take-over of the decade. Domtar shareholders decided today to sell their shares to Paper Excellence and delivered the major North American uncoated freesheet paper producer (with 21 manufacturing facilities around the world,...
Social and environmental organizations worldwide urge Domtar stakeholders to reject US$2.8 billion Paper Excellence Deal, stressing social and environmental concerns

Social and environmental organizations worldwide urge Domtar stakeholders to reject US$2.8 billion Paper Excellence Deal, stressing social and environmental concerns

June 24, 2021 – More than 65 organizations from North America, Indonesia and all over the world joined together today in an open letter urging Domtar shareholders, financiers, and customers to oppose the proposed acquisition of the company by rival Paper...