Five of the world’s biggest banks are “greenwashing” their role in the destruction of the Amazon, according to a report that indicates that their environmental and social guidelines fail to cover more than 70% of the rainforest....
Over the past 20 years, just six banks – Citibank, JPMorgan Chase, Itaú Unibanco, Santander, Bank of America, and HSBC– are responsible for almost half (46%) of all direct financing for oil and gas operations in Amazonia.
From the source: exitamazonoilandgas.org/reports/#greenwashing
World’s top banks ‘greenwashing their role in destruction of the Amazon’ (www.theguardian.com)
Five of the world’s biggest banks are “greenwashing” their role in the destruction of the Amazon, according to a report that indicates that their environmental and social guidelines fail to cover more than 70% of the rainforest....