HSBC BANK UK SUPPORTS DESTRUCTION OF RAINFORESTS

In my opinion:  Hopefully, with a lot of publicities, these top banks or any other bank stops lending money to these racketeers. After all it is nothing but money grabbing racketeering from these "companies" destroying rainforests for ever.

ORANG UTAN FLED ON
TOP OF A TREE TO PREVENT
IT FROM CUTTING.  
IT WAS ONE OF
THE LAST TALL TREES 
SO TALL IT COULD NOT
BE SHOWN IN ITS FULL HEIGHT.

You could not see a more heart breaking picture than a lonely Orang-utan clings to the last tree of his ruined rainforest home in sheer desperation.

HSBC Supported a company called Burnitama Group in Kalimantan, previously Borneo, with £260million in loans and other financial services since 2010. Again money was available and yet they sacked thousands of employees but that is another question to be answered. However, the report of Daily Mirror points out that if you are customers you unwittingly and indirectly finance the distraction of rainforest for palm oil plantations.

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There is an agreement by Roundtable on Sustainable Palm Oil which HSBC covers behind and waves the white vest. The problem with Roundtable which is to be admired has neither the finance nor the power to stop devastation and punish companies who do not abide by the rules.

The London-based Environmental Investigation Agency Mr Jago Wadley said: “HSBC is in effect delegating responsibility for its ethics to a broken system.” The agency issued a report called “Banking On Extinction. Mr Wadley added further that it is not good enough when the future of some of the world’s last remaining precious rainforests and species are at stake.

It is another shocking revelation and tells us how the giant just rough rode regardless as long the money rolls in. Do they really want to carry on until the whole earth is ruined and all the wildlife is destroyed?

It is also amazing that it bankrolled this company since 2010 when the Conservative came into power.  Also let us not forget HSBC was near bankruptcy and rescued with taxpayers money which apparently gets used for these despicable project.

Well, the only way to stop them is to withdraw your bank account and therefore be part of this endless destruction.  Do not forget to state the reason why you withdraw it.

The Cry  UNLESS SOMETHING IS DONE THE ORANG-UTAN  COULD BE EXTINCT has gone out for decades and yet mankind still ploughs on regardless. When they destroyed everything, and they are not far off, they have a mountain of money but realise there is nothing else to eat but money.