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How can banks spur the palm oil industry toward sustainability?

2016-02-08 11:19:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Banks and investors are increasingly looking for ways to hold companies accountable for their actions. Previous articles in this series looked at how financiers might deny capital to palm oil companies with poor environmental performance. On the other side of the coin, some leading banks are exploring a more positive approach, by introducing incentives that encourage firms to perform better. Among the commercial banks with environmental, social and governance (ESG) policies these entail screening...

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