Highlighting the role banks and investors play in tropical deforestation and revealing how their ESG policies stack up
Joined January 2017
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Forests & Finance retweeted
RELEASE: Greenpeace challenges world’s largest meat producer JBS’ New York Stock Exchange listing and Netherlands move over links to corruption, deforestation and emissions greenpeace.org/international…
A new report shows Vale is behind most mining conflicts in Brazil—but big banks keep funding them. Top financiers: Bank of America ($367M), Crédit Agricole ($331M), Citigroup ($331M), SMBC ($323M), JBIC ($322M). #MiningConflicts #Brazil
Um novo relatório aponta a Vale como líder em conflitos na mineração. Mas grandes bancos seguem financiando: Bank of America (US$367M), Crédit Agricole (US$331M), Citigroup (US$331M), SMBC (US$323M), JBIC (US$322M). É hora de responsabilizá-los! #Vale
Link to the report: chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/emdefesadosterritorios.org/w…
Top asset managers resist biodiversity resolutions this year despite growing investor interest in nature
forestsandfinance.org/news/t…
Novo estudo mostra que entre 2020-2024, 36% do crédito rural foi para propriedades com desmatamento posterior a 2009.
O @Rabobank tem 63% do crédito rural subsidiado aplicado em propriedades que desmataram, o @itau tem 48% e @bancosantander 36%.
climatepolicyinitiative.org/…
Forests & Finance retweeted
JBS e Vale estão entre as empresas mais rejeitadas por investidores em ranking mundial da plataforma “Financial Exclusions Tracker”. A mineradora brasileira é a que mais recebeu exclusões motivadas por preocupações de direitos humanos. bit.ly/3ZDxibU
New study shows that between 2020-2024, 36% of the subsidized rural credit in Brazil went to farms with deforestation since 2009.
@Rabobank invested 63% in properties that have deforested, @itau 48% and @bancosantander 36%.
climatepolicyinitiative.org/…
Forests & Finance retweeted
Wall Street is helping fuel the destruction of our planet, with major US investors bankrolling companies responsible for clearing climate-critical forests in Paraguay 🌍🌳
It’s time to cut the financial lifeline to deforestation:
gwitness.org/4ggvvR1
Forests & Finance retweeted
Paraguay's 🇵🇾 Gran Chaco forest is being destroyed by companies backed with $1.7Bin financing from global banks including @JPMorganAM, @BankofAmerica, and @HSBC
The global financial sector must be held accountable for its role in the #ClimateCrisis
gwitness.org/4ggvvR1
Industry-Backed Emissions Metric Could GWP* ‘Completely Derail’ Climate Action, Campaigners Warn
desmog.com/2024/12/06/indust…
Big Ag is making moves at #COP29 in Baku, pushing their agenda while climate justice hangs in the balance. Who's really shaping the future of our planet? 🌍 #ClimateCrisis #BigAg #COP29
👉 Read more: desmog.com/2024/11/18/big-ag…
New report by @PBIUK's highlights the human rights violations of companies based in the UK, or listed in the UK, and calls for a mandatory due diligence law in the UK. (1/2)
peacebrigades.org.uk/news/th…
Such a law should also apply to the financial sector. UK based financial institutions like @abrdn_plc @landg_uk #Royallondon and @HSBC are mayor backers of @Glencore , whose human rights violations at the Cerrejón mine are exposed in the report. (2/2)
Forests & Finance retweeted
Today we joined our Indigenous allies @ApibOficial to file a complaint against BlackRock — the world's largest asset manager — for directly contributing to environmental and human rights abuses through its investments in big agribusiness (1/5)
theguardian.com/environment/…
A operação Boi Pirata investiga a criação de gado ilegal dentro da TI Apyterewa. O MPF pede que os maiores compradores de boi pirata paguem R$66 milhões em indenizações ambientais e danos morais coletivos aos indígenas Parakanã.
mpf.mp.br/pa/sala-de-imprens…
Investigação da @Global_Witness mosta que a JBS é um dos compradores de bois piratas. A JBS conta entre seus credores o @Barclays o @BMO e o @Santander além de o @BNDES ser um dos seus maiores acionistas.
Estas instituições financeiras lucram com as atividades ilegais da JBS
