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

Responsible Glass: JLR backs global certification scheme for sustainable glass

Responsible Glass: JLR backs global certification scheme for sustainable glass

Some of the world's largest glass producers and users back launch of new sustainability standards

Stuart Stone
clock 04 December 2025 • 3 min read
BSI unveils new framework to measure environmental impact of pharmaceuticals

BSI unveils new framework to measure environmental impact of pharmaceuticals

New global standard for measuring environmental impacts of pharmaceuticals and medicines published by influential standards body

Stuart Stone
clock 03 December 2025 • 2 min read
Never mind the bollocks, here's the systems change

Never mind the bollocks, here's the systems change

If 'eco-populism' tells people they won't be shamed, business must ensure they won’t be stranded, writes Hubbub CEO Alex Robinson

Alex Robinson, Hubbub
clock 03 December 2025 • 5 min read