Case Study – Fair Finance Asia Japan

February 15, 20240

Behind the Indonesian Plywoods: Bank’s Responsibilities against Alas Kusuma Group’s Environmental and Social Problems

Alas Kusuma Group is one of the largest timber conglomerates in Indonesia, operating in an area of about 750,000 hectares, mainly on the island of Kalimantan. Several of the group’s logging and wood processing companies…

February 15, 20240

Banks Cast Blind Eye to Complete Lack of Engagement with Pacific Stakeholders on Fukushima Radioactive Water Dump

On August 24, 2023, Tokyo Electric Power Corporation (TEPCO) began releasing water from its tanks within the premises of the stricken Fukushima Daiichi Nuclear Power Station (FDNPS), which were processed through their Advanced Liquid Processing…

February 15, 20240

Fair Finance Guide Japan Case Study on “Green loans” and its Supply Chain Discontents

On September 27, 2023, a syndicated loan totaling 25 billion yen was announced as a “green loan” with Sumitomo Mitsui Banking Corporation as lead manager and Sumitomo Mitsui Trust Bank as co-lead manager. The loan…

September 30, 20230

JICA Supported Energy Master Plan in Bangladesh, Soaked in Fossil Fuels and not Aligned with the Paris Agreement

In March 2021, Japan International Cooperation Agency (JICA), an official aid agency of the Japanese government, started supporting the Bangladesh government for the development of the Integrated Energy and Power Master Plan (IEPMP) Project. However,…

February 28, 20230

Case Study on Workers’ Rights in the Ride Sharing Industry in Cambodia, India, Indonesia, Philippines, and Vietnam

This case study looked at the issue of ride sharing in Asia. Across Asia, ride-sharing apps have transformed transport for consumers who can request a ride to their desired destination with just a couple of…

January 31, 20230

Case Study on Nickel Mining in Indonesia

This case study shed light on the negative impact on human rights and the environment in the process of decarbonization. To accelerate decarbonization, the demand for lithium, cobalt and nickel, which are used in batteries…

December 31, 20220

Case Study on the Early Retirement of Unit of the Cirebon 1 Using the ETM

This case study provided a detailed examination of the process of selecting Cirebon 1 as the first pilot project in the ADB’s Energy Transition Mechanism (ETM). This selection was announced on 14 November 2022, when…

October 31, 20220

Case Study on the Involvement of Japanese Pension Fund in “Cattle Laundering” and Amazon Deforestation

This case study looked at the accelerating deforestation in the Amazon, largely due to the expansion of rangelands in the Amazon region. Brazilian meat companies indirectly source cattle from illegally logged areas through networks of…

March 4, 2022

PAPER INDUSTRY IN JAPAN – CASES OF RGE GROUP PULP FIELD COMPANIES

The Royal Golden Eagle Group (RGE Group) is one of Indonesia’s largest conglomerates along with Sinar Mas and Salim Group. Paper products such as copy paper produced by APRIL (Asia Pacific Resources International Limited), which…

February 15, 20220

Case Study on Japan’s Financial Flows to the Myanmar Military

This case study shed light on Japan’s financial flows to the Myanmar military, looking into Y Complex development project and the local corporations that are joint venture of Japan’s Kirin Holdings and MEHL, which is…