News of the World

[kyonides]

Palm Oil Labor Abuses + Famous Brands + Banks

https://apnews.com/article/virus-outbrea...62a30423bb

Jum’s trapped on a Malaysian plantation run by government-owned Felda, one of the world’s largest palm oil companies. His boss confiscated and then lost his Indonesian passport, he says, leaving him vulnerable to arrest. Night after night, he has been forced to hide from authorities, sleeping on the jungle floor, exposed to the wind and the rain. His biggest fear: the roaming tigers.
All the while, Jum says his supervisor demanded he keep working, tending the heavy reddish-orange palm oil fruit that has made its way into the supply chains of the planet’s most iconic food and cosmetics companies like Unilever, L’Oreal, Nestle and Procter & Gamble.

But why has palm oil become such a burden or problem? Just keep reading to find that out.

Though labor issues have largely been ignored, the punishing effects of palm oil on the environment have been decried for years. Still, giant Western financial institutions like Deutsche Bank, BNY Mellon, Citigroup, HSBC and the Vanguard Group have continued to help fuel a crop that has exploded globally, soaring from just 5 million tons in 1999 to 72 million today, according to the U.S. Department of Agriculture. The U.S. alone has seen a 900 percent spike in demand during that same time.

If you still think you can just skip it at will or you feel the sudden need to save the environment, you better think it twice.

Palm oil is virtually impossible to avoid. Often disguised on labels as an ingredient listed by more than 200 names, it can be found in roughly half the products on supermarket shelves and in most cosmetic brands. It’s in paints, plywood, pesticides and pills. It’s also present in animal feed, biofuels and even hand sanitizer.

Yeah, even the hand sanitizer you're using to stay safe from covid-19 would be at risk then.