Resources

Press Release - Appeal to HSBC to become more accountable in palm oil sector

A new report by the Forest Peoples Programme launched today demands greater accountability from HSBC, the biggest bank funding the palm oil sector in South East Asia. The fast-expanding palm oil sector is known to be a major driver of deforestation and the take-over of indigenous peoples' lands without their consent. Conflicts between indigenous peoples and palm oil companies are widespread in Malaysia and Indonesia.

HSBC and the palm oil sector in South East Asia: towards accountability

The fast-expanding palm oil sector is known to be a major driver of deforestation and of the take-over of indigenous peoples' lands without their consent. This report calls on HSBC to put pressure on the 17 major palm oil corporate groups that are among its clients in order to end violations of forest peoples' rights.