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

Madeleine Cuff
Author spotlight

Madeleine Cuff

View profile
More from Madeleine Cuff

From SEMTA to Enginuity: Engineering skills body rebrands

Inside Enginuity's plan to build a workforce for the future

More on Management

Women in Green Business 2026: One week to entry deadline
Management

Women in Green Business 2026: One week to entry deadline

Nominees for this year's Women in Green Business Awards have until Friday 22nd of May to submit their entries for the prestigious awards

BusinessGreen staff
BusinessGreen staff
clock 15 May 2026 • 1 min read
'Every device should live twice': Virgin Media O2 doubles down on circularity efforts
Management

'Every device should live twice': Virgin Media O2 doubles down on circularity efforts

Mobile and tech giant publishes latest sustainability strategy, including new recycling and circularity targets for 2030

Amber Rolt
clock 12 May 2026 • 3 min read
World Sailing's Alexandra Rickham: 'When I changed the menu to meat-free Monday it nearly caused a riot!'
Management

World Sailing's Alexandra Rickham: 'When I changed the menu to meat-free Monday it nearly caused a riot!'

Sports governing body's head of sustainability reflects on leaving BP to compete at the Beijing Paralympic Games, and how she learned the hard way that good communications are key to securing support for environmental action

Stuart Stone
Stuart Stone
clock 06 May 2026 • 5 min read