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Bumitama’s diary of destruction

Bumitama Agri Ltd is a palm oil producer in Indonesia, and supplies palm oil to one of the largest global traders in palm oil, Wilmar International. Despite numerous promises to clean up its act, Bumitama continues to produce illegal palm oil, with financial support from well-known European banks including HSBC, Deutsche Bank and Rabobank. This …

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Bumitama’s diary of destruction

European and US banks and pension funds must stop financing illegal palm oil and deforestation, according to Friends of the Earth Europe. New findings show that Bumitama Agri, an Indonesian palm oil company and recipient of financial support from numerous European and US financiers, continues to clear land and run an illegal palm oil plantation …

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Wilmar still needs to clean up its act

Wilmar International, the world’s largest palm oil trader, recently bowed to civil society pressure and committed to cut out deforestation, peat land destruction and the exploitation of human rights from its supply chain. This comes after years of land-grabbing, according to Friends of the Earth Europe, fueling conflicts, the destruction of endangered habitats, and human …

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