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Investors call for urgent action to address the human rights impacts of Amazon fires
Members of the Interfaith Center on Corporate Responsibility issued a statement today calling on companies with operations and supply chains connected to the Amazon rainforest to take immediate acti…
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Global NGOs: Dirty Dozen Companies Driving Deforestation Must Act Now to Stop the Burning of the World’s Forests
The crises facing the Amazon require innovative solutions that address the root of the problem. The stakes are simply too high to accept half measures or surface-level solutions.
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BlackRock named as largest investor in deforestation
As fires rage across the Amazon, a report released today reveals that BlackRock, the world’s largest institutional investor with $6.5 trillion USD in assets, is deeply invested in the sectors most r…
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BlackRock’s Big Deforestation Problem
This paper examines the role of BlackRock, the world’s largest fund manager with $6.5 trillion USD of assets under management, in financing the global crisis of deforestation and land conflict.
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BlackRock’s recent statement on palm oil reveals an unhealthy addiction to climate risk
BlackRock, the $6.5 trillion Wall Street asset manager, has quietly released a statement on the company’s approach to engagement in the palm oil sector — an industry notorious for its role i…
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California Assembly Approves Nation’s First Deforestation-Free Public Procurement Bill
The California Assembly voted to approve the nation’s first bill designed to require that public purchasing be free of rainforest destruction and associated biodiversity and human rights impacts.
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In the Peatlands of South Sumatra: A Tale of Two Villages
The palm oil industry is responsible for destroying some 24 million hectares of Indonesian rainforest since 1990, much of it through burning. But because huge areas of Indonesia’s vast peat bogs hav…
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RSPO should suspend membership of groups undermining Guatemala’s anti-impunity commission
Since 2017, Morales has been engaged in a battle against the U.N. commission, which was investigating his alleged violations of campaign finance law as well allegations of corruption by many of his as…
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Senators Push Financial Firms to Address Global Deforestation
Eight U.S. Senate offices led by Sen. Brian Schatz (D-Hawaii) sent a suite of letters to the nation’s largest asset management firms this week, calling on them to use their financial leverage to sto…
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Palm Oil Giant Golden Agri-Resources Removed from Dow Jones Sustainability Index after Bribery and Corruption Scandal
The Dow Jones Sustainability Index has removed the world’s second largest palm oil company, Golden Agri-Resources, from its list of sustainable companies.