Transparency and Integrity
New BankTrack analysis reveals finance for RGE Group breaks all six of the Swiss bank’s exclusion rules Credit Suisse is breaching its own rules on almost every count by financing pulp and paper company Royal Golden Eagle Group (RGE Group), an analysis by BankTrack shows. The analysis was published on the day that Greenpeace launched […]
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ForestEthics today announced support of a new 3M sustainability policy that will ensure that the maker of Post-it Notes will have a minimal impact on forests, wildlife and human rights. 3M’s paper-based products and packaging require pulp and paper from sources around the world. Working in collaboration with ForestEthics and Greenpeace, the company launched a […]
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WWF, the world ́s largest conservation organisation, is inviting the world’s leading pulp and paper manufacturers to participate in the Environmental Paper Company Index 2015. The biannual Index promotes transparency and continual improvement in the sector. The list of invited manufacturers from Europe, North America, South America, Asia and Africa can be viewed on www.panda.org/epci2015. […]
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As we have highlighted in recent posts, Asia Pacific Resources International Limited (APRIL) is responsible for substantial deforestation in Indonesia, causing social conflict and greenhouse gas emissions. In partnership with BankTrack, our pulp finance working group has researched the main banks involved with APRIL and then systematically contacted them asking them to divest. You can […]
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Recently, the Environmental Paper Network met with Santander Bank regarding its financing of deforestation carried out to produce pulp and paper in the tropical rainforests of Indonesia. A public campaign by Greenpeace generating almost 150,000 petition signatures was undertaken for the last few weeks as well. Today, Mongabay.com is reporting that Santander has changed course. “Our parent company, […]
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Civil Society Meets to Discuss Pulp Mill Financing Concerns MEDIA RELEASE For immediate release Tuesday 28 January 2014 Representatives of twenty-eight civil society organisations from Europe, North America, Asia, Latin America and Australia have gathered in the Netherlands to discuss concerns about financial investment in pulp and paper developments. The meeting is organised by the […]
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