Deutsche Bank has told Friends of the Earth Europe and Rettet den Regenwald that it sold its shares in the Indonesian palm oil supplier Bumitama following months of campaigning by the two groups.
Investigators discovered that top managers signed fictitious agreements to buy land for a total of 20 billion rubles, and that the money was later transferred to shell corporations before disappearing.
Germany's largest bank, Deutsche Bank, confirms that one of its funds has sold its shareholding in a Vietnamese company accused of rights abuses in Laos and Cambodia.
Transcript of a webinar with Dr. Claire Schaffnit-Chatterjee, Senior analyst,
Deutsche Bank Research and Michael Schneider, Director, Head of Environmental & Social Capital Deutsche Bank AG, Deutsche Asset & Wealth Management
European banks and pension funds continue to finance one of the largest and most destructive palm oil giants Wilmar International, according to new research released today by Friends of the Earth Europe.
Two Vietnamese firms bankrolled by Deutsche Bank and the International Finance Corporation – the World Bank's private lending arm – are leading a wave of land grabs in Cambodia and Laos, causing widespread evictions, illegal logging and food insecurity, according to a report.
A corrida por terras agrícolas levou investidores estrangeiros a adquirir pelo menos 83 milhões de hectares em países em desenvolvimento entre 2000 e 2010, segundo o Deutsche Bank.
