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DIRTY BANKERS

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18 September 2013, PT Ladang Sawit Mas:<br />

1º33”15.39”S 110º21’10.88”E<br />

Forest clearing by a conservation area in the<br />

Bumitama oil palm concession in Ketapang,<br />

West Kalimantan.<br />

©ifansasti/greenpeace<br />

‘For producers, destroying valuations due<br />

to mismanagement of ESG [environmental,<br />

social and governance] reputational<br />

risk is an outcome they will look to<br />

increasingly avoid.’ 436<br />

‘Companies should disclose the supervisory<br />

structure of the sustainability function<br />

– ideally this should be the very top<br />

management, that is board level.’ 437<br />

– HSBC Global Research<br />

<strong>DIRTY</strong> <strong>BANKERS</strong><br />

55

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