Email Deutsche Bank to stop financing palm oil plantations

Please email Deutsche Bank asking them to honour their stated commitment to sustainability and pull out of underwriting palm oil giant corporation FELDA’s flotation on the Malaysian stock market.

The problem

Rainforest Rescue says:

“FELDA is the world’s largest palm oil trader. Since its foundation, FELDA has cut down hundreds of thousands of hectares of rainforest in order to create oil palm monocultures. Now the company wants to collect three billion dollars at the stock market in order to buy more land in Indonesia and Africa, to destroy the rainforest and to set up oil palm plantations. 

In Malaysia there is a strong opposition against FELDA’s flotation and the land grabbing associated with it. “