Walhi Jambi asks banks to improve their due diligence

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Walhi Jambi asks banks to improve their due diligence

5 Juni 2017, Telanaipura, Sumatra.
The Jambi Environmental Forum (Walhi) celebrated Environment Day by holding a peaceful protest at Bank Indonesia, in Telanaipura, Sumatra, last Monday (5/6).

“Banks still provide a lot of credit to corporate perpetrators of environmental destruction and human rights abuses,” said Abdul, Campaigner at Walhi Jambi. Walhi demands banks that give credit to palm oil and pulp and paper companies, to be more thorough in their due diligence. Walhi also asks banks to provide more green credit.

Walhi has been tracking the investments of several banks and will publish more detailed data soon.

Source: Walhi Jambi