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Citigroup Commended For Enforcing Environmental Policy - U.S.–based bank requires Southeast Asian timber client to obtain independent, third party certification.
Author: Rainforest Action Network, Published on: 2 March 2005
CEO Chuck Prince told stakeholders that client Rimbunan Hijau, a Malaysian logging giant with a well-documented history of human rights abuses and illegal logging activities, must comply with a set of progressive new environmental policies adopted by the bank last year. [also refers to Trillium Asset Management]