United Kingdom

“Forest finance’s $200bn Opportunity” – Innovation Forum – March 2, 2017

On March 2, 2017 the editorial team at Innovation Forum explained how a Greenpeace campaign successfully pressured UK-based HSBC to change its policies and stop financing deforestation. Transforming the current ecologically unsustainable production of tropical forest products such as beef, palm oil, paper, pulp and soy into economically and environmentally-sustainable value chains could cost as […]

“HSBC Updates Palm Oil Policy” – Chain Reaction Research – February 21, 2017

On February 21, 2017 Chain Reaction Research reported that HSBC had substantially strengthened its policies regarding investment in the palm oil industry.  Its new policies are in line with the No Deforestation, No Peat, No Exploitation (NDPE) guidelines.  Also, HSBC will join the Banking Environment Initiative and the Tropical Forest Alliance. You may read more […]