Rimbunan Hijau Feeling the Heat
Time is running out for Rimbunan Hijau, as their particular brand of heavy industrial logging threatens to cut their financing options.
GreenBiz News | Citigroup Leans on Logging Company to Clean up Its Act
Citigroup, the U.S.-based financial institution, now requires Southeast Asian timber client Rimbunan Hijau to obtain independent, third-party certification. The company has won praise from forest protection advocates, human rights activists, and socially responsible investors for its proactive, constructive engagement to help end endangered forest destruction, rampant illegal logging, and related human rights abuses in Southeast Asia.