At a meeting last month organised by the Forest Stewardship Council, HSBC’s Francis Sullivan said that if a company doesn’t pass the bank’s sustainability risk tests, then it won’t get a loan.
Tag: RSPO-Watch
Memo to WWF: Destroying rainforests and peatland for palm oil is not “sustainable”
WWF loves “sustainability”. With “sustainability”, there’s no need to address over-consumption, or the never-ending growth of capitalist expansion. Consumption can increase, as long as it’s “sustainable”.
Skoll World Forum debate: “How do we feed the world and still address the drivers of deforestation?”
This week the 10th Skoll World Forum takes place at the Saïd Business School in Oxford. One of the topics for debate is “How do we feed the world and still address the drivers of deforestation?”
Norway’s Sovereign Wealth Fund divests from 23 palm oil companies
The Norwegian Government Pension Fund Global (GPFG) divested from 23 palm oil companies in 2012. “Several palm oil producers were excluded from the portfolio because their long-term business model was deemed unsustainable,” GPFG writes in its 2012 annual report.
Interview with Scott Poynton, TFT: “We help companies clean up their supply chains – that is the way we need to go to protect the world’s forests”
Interview with Scott Poynton, Executive Director, TFT, Jakarta, June 2012.