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Malaysian-owned company one of the largest burned land areas
A total of 3,403,000 hectares (ha) of land burned between the years 2015 and 2018 in Indonesia, according to analysis of official government burn scar data. In 2015 alone more than 2,600,000 ha of land burned.
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HSBC triggers palm oil investigation to prevent forest destruction
HSBC has just triggered an investigation into a palm oil company which is preparing to clear a huge area of pristine forest in Indonesia. This isn’t just any palm oil…
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New HSBC ‘no deforestation’ policy first step towards sustainable palm oil finance
HSBC has just published a new ‘No Deforestation, No Peat, No Exploitation’ policy covering its financing of palm oil companies.