Mongabay: HSBC has earned tens of millions financing the destruction of rainforests and invasion of indigenous land in the Malaysian state of Sarawak on the island of Borneo, alleges an explosive new report from Global Witness. The report, titled In the Future There Will Be No Forests Left, says that HSBC has violated its own sustainability policies in providing financial services to companies linked to large-scale deforestation and "widely suspected of systematic bribery and corruption". Global Witness...
URL: http://news.mongabay.com/2012/1102-hsbc-sarawak.html
Enclosure: http://www.globalwitness.org/sites/default/files/HSBC-logging-briefing-FINAL-WEB.pdf
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