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Indonesia: APP won't acquire companies that continue destroy forests

2014-07-08 23:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Asia Pulp & Paper (APP) will not acquire companies that continue to destroy forests, according to a new procedure for association introduced by the Indonesian forestry giant. The procedure, developed after months of consultations with NGOs, effectively closes a loophole some environmentalists feared would allow APP to sidestep its zero deforestation commitment by acquiring companies that continued to clear forest after its February 5, 2013 deadline. Aida Greenbury, APP's Managing Director of...

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