Deforestation Free Investment Campaign
Join the movement to fight deforestation and transform the palm oil industry by calling on U.S. investment firms to #DefundDeforestation and commit to human rights by implementing Deforestation and Land Grab-Free Investment policies. U.S. investment firms, including the firms that manage pension funds for many government and university employees, are among the largest financiers of palm oil. That means that we have the power to use our stake in the palm oil industry to bring about change.
Take action to get your money out of dirty palm oil
Let’s defund deforestation! Urge these investment firms to go deforestation and land grab-free!
Your individual retirement money and other investments may be linked to dirty palm oil. Find out: DeforestationFreeFunds.org
And then, look at the full suite of action tools, infographics and campaign updates here: DefendTheRainforest
We’ve mapped the top 10 U.S. investment firms with funds in palm oil production, and are campaigning to urge these firms to defund deforestation by adopting four pillars of responsibility:
- to disclose their exposure to deforestation and land risk in palm oil and other commodities;
- to commit to a deforestation and land grab-free investment policy;
- to exclude bad actors and advocate for responsible financing;
- to repair the damage and ensure justice for affected communities, and support only companies that restore ecological damage as part of their commitment to forests.
To learn more, read our report: Are You Invested in Exploitation? Why US investment firms should quit financing conflict palm oil and commit to human rights
Is your 401 OK?
For many of us, the majority of our investments are in 401(k) plans offered by our employers. These 401(k)s invest mostly through mutual funds and exchange-traded funds (ETFs). But those funds can invest in a wide array of securities, and it’s not always easy for investors to investigate what’s inside the funds they own. You can spend hours poring over mutual fund prospectuses, and still not fully grasp everything your 401(k) is invested in. Your retirement money may be invested in economically and morally risky palm oil producers’ companies.
Talk to your 401(k) plan manager about offering Deforestation Free 401k fund options.
Learn how to get your college or local government to go deforestation and land-grab free:
Reports and case studies
|Invested in Exploitation? TIAA’s Links to Land Grabbing and Deforestation
Invested in Exploitation? exposes TIAA’s direct and indirect holdings in large Indonesian, Malaysian, and Singaporean companies with documented records of destroying tropical rainforests in order to expand their plantations of palm oil, the most widely traded vegetable oil in the world.
|Are You Invested in Exploitation? Why US investment firms should quit financing conflict palm oil and commit to human rights
Are You Invested in Exploitation? names the top 10 U.S. asset managers invested in palm oil production. It also shows that none of these firms have clear criteria for disclosing or avoiding risks related to deforestation and land rights, and outlines ways that these institutions can take greater responsibility for the social and environmental impacts of their investments.
|Up in smoke: Failures in Wilmar’s promise to clean up the palm oil business
Up in Smoke shows that global palm oil companies Bumitama Agri and Wilmar International, backed by major U.S. and European investors, have created conditions that have allowed Indonesia’s devastating forest fires to burn out of control.
|Exploitation and empty promises – Wilmar’s Nigerian land grab
Exploitation and Empty Promises scrutinizes the operations of palm oil giant Wilmar International in Cross River State, Nigeria.
|Commodity Crimes: Illicit land grabs, illegal palm oil and endangered orangutans
Commodity Crimes exposes palm oil producers in Indonesia destroying vital forest habitat in protected forest reserves, at the expense of local communities and wildlife.
Issue briefs and fact sheets
- Palm oil finance fact sheet
- How the palm oil industry is a major driver of climate change
- Palm oil’s assault on tropical biodiversity
- Driving deforestation: The environmental and social ills of palm oil production
- The case against land grabbing
- Palm oil in the North American consumer market
- Palm oil land grab in Uganda: Wilmar International’s violations in Kalangala Island