Household banks invest billions in firms involved in deforestation, report claims

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Sky News published this video item, entitled “Household banks invest billions in firms involved in deforestation, report claims” – below is their description.

Household banks and asset managers have invested tens of billions of pounds financing businesses involved with deforestation, according to a new report.

The research, undertaken by Global Witness and shared exclusively with Sky News, reveals the scale of investments being made in controversial and destructive agribusiness.

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Sky News is a British free-to-air television news channel and organisation. Sky News is distributed via a radio news service, and through online channels. It is owned by Sky Group, a division of Comcast. John Ryley is the head of Sky News, a role he has held since June 2006.

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