HSBC tightens deforestation policy in bid to cool public anger over Greenpeace allegations

Madeleine Cuff
clock • 2 min read

Bank has been under fire from Greenpeace for alleged links to companies in palm oil sector destroying Indonesian rainforest

HSBC has today adopted a ‘No Deforestation, No Peat and No Exploitation' policy following a high-profile investigation by Greenpeace in which the environmental charity alleged the bank has been financing...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Management

Survey reveals hit to businesses' net zero confidence

Survey reveals hit to businesses' net zero confidence

Annual BSI Net Zero Barometer reveals growing concerns over ability to meet net zero targets, as execs step up call for more support

James Murray
clock 22 July 2025 • 5 min read
'UK first': Edinburgh International Festival achieves BSI Net Zero Pathway verification

'UK first': Edinburgh International Festival achieves BSI Net Zero Pathway verification

World famous festival becomes first arts organisation in the UK to be certified to BSI net zero standards

Stuart Stone
clock 18 July 2025 • 2 min read
How resilience, data, and governance can build the business case for decarbonisation

How resilience, data, and governance can build the business case for decarbonisation

Latest BusinessGreen event sees experts explore how shifting the focus of arguments in support of sustainability can help overcome cost barriers to climate action

Stuart Stone
clock 17 July 2025 • 6 min read