Germany's largest bank supports rainforest logging

 
  

Rainforest Rescue (Rettet den Regenwald e.V.) 
The Deutsche Bank is looking for investors for more rainforest logging

Dear friends of the rainforest,

Germany's largest bank, the Deutsche Bank, is teaming up with the world's biggest palm oil trader FELDA, supporting the company's flotation on the stock market due on Thursday 28 June 2012.

Since its foundation, FELDA has cut down hundreds of thousands of hectares of rainforest in order to create palm oil 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 palm oil plantations. 

In Malaysia there is a strong opposition against FELDA's flotation and the land grabbing associated with it. Furthermore in Germany, the new top management of the Deutsche Bank has just announced a more sustainable approach of its financial institute. Now it should let its words become actions.

Please sign now and ask the Deutsche Bank to dissociate itself from FELDA and the destruction of rainforests.

Take Action

Many thanks and best regards 

Reinhard Behrend
Rainforest Rescue (Rettet den Regenwald e.V.)

info@rainforest-rescue.org
www.rainforest-rescue.org
http://www.facebook.com/rainforest2rescue

  
Contact
 
  
Rainforest Rescue (Rettet den Regenwald e.V.)
Tel.: +49 40 - 41 03 804
info@rainforest-rescue.org
www.rainforest-rescue.org
Donation account
IBAN: DE11430609672025054100
BIC: GENODEM1GLS

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Comments

http://australia.db.com/australia/

Quote from their Sydney website:

"Deutsche Bank regards corporate social responsibility (CSR) as an investment in society and in its own future. Our goal as a responsible corporate citizen is to build social capital. We focus our CSR program on five areas of activity: Sustainability
Education
Social Investments
Art & Music
Corporate Volunteering"

Doesn't exactly jibe with destroying vast areas of rainforest to make car fuel, does it?