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[PDF] Submission of specific instance under the OECD Guidelines for Multinational Enterprises to the Australian National Contact Point - Concerning Facilitation by the Australia and New Zealand Banking Group Limited of illegal and environmentally and...
Author: Australian Conservation Foundation, Centre for Environmental Law and Community Rights, Environmental Law Centre (Papua New Guinea), Human Rights Council of Australia, PNG EcoForestry, Published on: 22 August 2006
This specific instance concerns ANZ’s support, through financing and provision of other financial services, of forestry businesses in Papua New Guinea that entail systematic serious human rights abuses, environmentally devastating logging practices and repeated, serious illegal conduct...In particular, ANZ has acknowledged a longstanding commercial relationship with Malaysian forestry company Rimbunan Hijau...Rimbunan Hijau’s PNG operations are notorious for their disregard of environmental sustainability, human rights, labour standards, and legal requirements.