Posts Tagged with "Bloomberg"

Questions for Cargill

Tuesday, July 23, 2013

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Questions for Cargill

An article released by Bloomberg Businessweek on July 18 found Cargill supplier KLK to be engaging in forced and child labor practices. The article tells of workers and children being held captive, deprived of clean drinking water, working without pay for up to two years, and beaten if they tried to escape. Yet, Cargill has [...]

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BREAKING: Despite New Evidence, Cargill Denies Its Palm Oil Is Made By Slave Laborers

Thursday, July 18, 2013

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BREAKING: Despite New Evidence, Cargill Denies Its Palm Oil Is Made By Slave Laborers

Here’s the last line of a Bloomberg Businessweek article out today that exposes the human rights abuses rampant in Indonesia’s palm oil sector: “Adam, the 19-year-old who fled the PT 198 [palm] plantation in 2010, says he hopes shoppers… ask themselves a simple question when they consider which oil to buy: ‘Is there slavery in [...]

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Seven of Bloomberg’s Top Ten “Greenest Banks” Are Climate Killers

Wednesday, April 10, 2013

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Seven of Bloomberg’s Top Ten “Greenest Banks” Are Climate Killers

A Guest blog-post by Yann Louvel, BankTrack‘s Climate and Energy Campaign Coordinator This week, Bloomberg published the results of its third annual ranking of the “world’s greenest banks”: Citi was ranked first, followed by Santander and JPMorgan. The study assesses banks based on their lending to clean-energy projects and reduction in their own power consumption [...]

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