ABP, World’s Fifth Largest Pension Fund, Divests from Forest Destroyer, But Retains Stake in Parent Company

The world’s fifth largest pension fund – the Dutch national pension fund ABP – has announced that it is divesting €300,000 from a Korean company, Posco Daewoo, which has destroyed 66,718 acres of pristine rainforests in Papua, Indonesia for palm oil plantations.

Dutch pension fund exposed on national TV for financing Posco Daewoo’s rainforest destruction

On May 5th, the national TV station in the Netherlands, Kassa, ran a 16-minute segment exposing the Dutch Pension Fund's financing of Posco Daewoo

Korindo Group Still Destroying Pristine Rainforest in Papua

While the Korindo Group has enacted a temporary moratorium on new deforestation on its oil palm plantations, it has been quietly but steadily destroying areas of pristine rainforest in one of its logging concessions in Papua, PT Inocin Abadi (PT IA).

Activists in South Korea Rally Against Indonesian Rainforest Destruction by Korean Conglomerate POSCO Daewoo

Mighty Earth joined with The Korea Federation for Environmental Movements (KFEM), Korea’s largest environmental NGO, at a rally in Gwanghwamun North Square in Seoul, South Korea on Monday, July 31st, to demand that the Korean conglomerate POSCO Daewoo stop destroying Indonesian rainforest on its palm oil plantation in Papua.

Palm Oil Producer POSCO Daewoo dropped by UK drugstore chain Boots over deforestation, claims to have temporarily suspended forest clearing

The UK’s largest drugstore retailer, Boots, reports that it has ended a retail partnership with POSCO Daewoo, following a letter sent by Mighty Earth to parent company Walgreens Boots Alliance.

Mighty Earth and Olam Renew Agreement

The World Resources Institute (WRI) moderated a meeting between Mighty Earth and Olam on January 17th 2018, to discuss progress on commitments made by both parties at a similar meeting in January 2017, related to Olam’s plantations in Gabon and its Palm Products trading business.

This palm oil company promised destruction – and it delivered.

Deforestation is continuing across Indonesia because of rogue companies that are attempting to evade these new environmental and social requirements on a vast scale...

New satellite mapping reveals POSCO Daewoo continues to clear Indonesian rainforest at rapid pace in second half of 2017

New satellite mapping of Papua, Indonesia - home to the third largest rainforest in the world - shows that the Korean conglomerate POSCO Daewoo has continued to rapidly clear large areas of the rainforest for palm oil production at its palm oil plantation called PT Bio Inti Agrindo (PT BIA).

Samsung Breaks Business Ties with Notorious Indonesian Rainforest Destroyer Korindo

Environmental NGO Mighty Earth and consumer group SumOfUs announced victory today as Samsung declared that it has no plans to pursue a joint venture or any business with the Korean-Indonesian conglomerate, Korindo. The announcement comes on the heels of a two-month intensive online campaign calling on Samsung to drop the joint venture.

Rupert Murdoch’s News Corp Found Using Paper Linked to Rainforest Destruction

The Australian NGO Markets for Change and Mighty Earth launched a campaign this week targeting News Corp Australia over its ties with rainforest destroyer Korindo. The organizations distributed parody newspapers of News Corp’s Australian properties The Courier Mail (“The Courier Fail”) and The Australian (The Not Australian).

Video release: “Burning Paradise” One Year Later

Mighty and Korea Federation for Environmental Movements (KFEM) release video showing how a year of citizen action around the world is creating pressure to stop the Korean-Indonesian conglomerate Korindo’s destruction of “the Land of the Tree Kangaroo”

Papuan Community Leaders Call For Protection of Indigenous Rights; Also Hit Back at Korindo Group’s Manipulation of Stakeholder Meeting

On August 9th, leaders from Papuan indigenous communities hosted a press conference in Merauke in honor of the International Day of the World’s Indigenous Peoples and timed with the first Papuan Film Festival which focused on the theme of indigenous rights and environmental sustainability.