Arrest of company executives tops a long list of abuses
WASHINGTON, D.C. – The Dow Jones Sustainability Index has removed the world’s second largest palm oil company, Golden Agri-Resources, from its list of sustainable companies.
“Golden Agri-Resources’ removal from the Dow Jones Sustainability Index is an important step in holding the company accountable for its consistent abuses,” saidGaurav Madan, senior forests and
WASHINGTON – With growing concern over the impacts of climate change and related financial risks to U.S. investors, Sen. Brian Schatz (D-Hawaii), Friends of the Earth and Amazon Watch will host a briefing on private investment as a driver of tropical deforestation and related material financial risks to U.S. investors.
Civil society experts from Indonesia, Liberia and Ecuador will present testimonies from the frontlines of tropical deforestation. Analysts from Friends of the Earth and Amazon Watch will detail how investors may be exposed to significant risks related to
Years of allegations of deforestation, land grabbing and human rights violations catch up with palm oil company
WASHINGTON, D.C. – Golden Veroleum Liberia (GVL), a palm oil company operating in Liberia since 2012, last week voluntarily suspended its membership in the Roundtable on Sustainable Palm Oil (RSPO) — the sustainability certification body for the industry. GVL’s decision comes after the RSPO rejected the company’s appeal of a ruling that GVL violated RSPO’s Principles and Criteria.
Years-long campaign by Friends of the Earth pushes agency to prioritize human rights, environmental protection in its new investment policy
SAN FRANCISCO – The California Public Employees’ Retirement System quietly approved extensive revisions to its Governance and Sustainability Principles last month, aimed at recognizing and addressing the material risks associated with ecosystem degradation. CalPERS, the largest public pension in the U.S with $356 billion in assets under management, included the revisions as part of its new
State court rules that Brazilian businessman who sold lands to US pension fund giant TIAA-CREF acquired lands illegally
A Brazilian businessman involved in the acquisition of farmland by US, Canadian, German and Swedish pension funds could face criminal charges for land grabbing.
