MUFG sustainability-linked loans financed deforestation in Indonesia: NGO
The mechanism is meant to incentivise borrowers to improve their environmental performance. But an NGO argues that the bank, in lending millions to palm oil and paper company RGE despite its links with deforestation, is guilty of greenwash.
28
August
2024
The mechanism is meant to incentivise borrowers to improve their environmental performance. But an NGO argues that the bank, in lending millions to palm oil and paper company RGE despite its links with deforestation, is guilty of greenwash.
