HSBC exposed as the banker behind Indonesia’s deforestation crisis

Jakarta, 17 January, 2017 – Greenpeace International exposed in a new report today how HSBC, Europe’s largest bank, loaned hundreds of millions of US dollars to some of the most destructive palm oil companies in Indonesia. [1] In the past five years alone, HSBC has been part of banking syndicates that arranged US$16.3 billion of …