'Serious compliance breach': Japanese bank MUFG accused of financing palm oil operations linked to 'vast greenhouse gas emissions'

clock • 6 min read
Credit: iStock
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Credit: iStock

EXCLUSIVE: Analysis by Rainforest Action Network alleges connection between MUFG and oil palm group that has been 'repeatedly linked' to fires and breaches of environmental regulations

Japanese bank Mitsubishi UFJ Financial Group (MUFG) has been called out by the Rainforest Action Network (RAN) for providing $281m in finance to an oil palm group operating in Indonesia that has been accused...

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Amber Rolt

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