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Maybank committed to achieving net-zero emissions by 2050, a decade later than the world needs.
Maybank is the second bank in Malaysia to no longer finance new coal activities, even though they have not been as ambitious as their rival, CIMB, which last year committed to phase out coal from its portfolio by 2040.
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All Eyes on MAYBANK to Phase Out Coal Power Financing
Maybank Group continues to invest in coal power despite recognising the “environmental impact associated with coal-fired power generation” as stated in Maybank’s 2019 Sustainability Report.
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Segera Tarik Balik Cadangan Penyahwartaan Hutan Simpan Kuala Langat Utara
Gabungan Pertahankan Hutan Simpan Kuala Langat Utara (PHSKLU) medesak penarikan semula cadangan untuk penyahwartaan Hutan Simpan Kuala Langat Utara dengan segera.
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Over 125 health experts defend safety of reusables during COVID-19 pandemic
Over 115 health experts from eighteen countries signed onto a statement today assuring retailers and consumers that reusables are safe during COVID-19, pushing back on claims by the plastic industry.
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RSPO’s 2013 maps resolution languishes despite announcement
“Too little, too late” said Annisa Rahmawati, Greenpeace Indonesia Senior Forest Campaigner, of the RSPO’s announcement it has published members’ oil palm concession maps for Peninsular Malaysia and Sarawak.
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New testimonials suggest “modern slavery” for Southeast Asian migrant fishers working out at sea
13 foreign distant water fishing vessels have been accused of abusing migrant fishers from Southeast Asia, in cases so severe it has been characterised by many as “modern slavery”.
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Major consumer brands linked to massive CO2 emissions from Indonesia forest fires
Jakarta, Indonesia – Some of the world’s best known brands are fuelling climate change by sourcing palm oil and wood pulp linked to Indonesian forest fires.
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The Climate Bombs
Extreme weather is becoming the norm. A plague outbreak in China, catastrophic flooding in Venice, and fires in Russia, Brazil, and recently in Australia have all been attributed to climate change.
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Top consumer companies’ palm oil sustainability claims go up in flames
Consumer goods companies Unilever, Mondelez, Nestle, and Procter & Gamble (P&G), and top palm oil traders including Wilmar are buying palm oil from producers linked to thousands of fire hotspots in Indonesia this year.
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Unearthed: How palm oil sparked a diplomatic row between Europe and southeast Asia
From threats to cancel UK defence deals to pledges to stop imports of Norwegian salmon, European moves to restrict palm oil have enraged Malaysia and Indonesia.