Investment Funds The untold story about the link between Dutch banks and industrial palm oil companies Myriam Vander Stichele October 2018 Colophon Investment Funds The untold story about the link between Dutch banks and industrial palm oil companies October 2018 Authors: Myriam Vander Stichele With contributions from: Vincent Kiezebrink, Roberta Cowan and Jenny Pannenbecker Layout: Frans Schupp Cover photo: Kemal Jufri / Milieudefensie. Gusti Gelombang, activist in Central Kalimantan Indonesia, overlooks land that used to be covered with tropical rainforest. ISBN: 978-94-6207-136-0 Commisioned by Stichting Onderzoek Multinationale Ondernemingen Centre for Research on Multinational Corporations Milieudefensie Friends of the Earth Netherlands Sarphatistraat 30 1018 GL Amsterdam Postbus 19199 The Netherlands 1000 GD Amsterdam T: +31 (0)20 639 12 91 The Netherlands [email protected] - www.somo.nl [email protected] The Centre for Research on Multinational www.milieudefensie.nl Corporations (SOMO) is an independent, not-for-profit research and network organi- sation working on social, ecological and economic issues related to sustainable development. Since 1973, the organisation investigates multinational corporations and the consequences of their activities for people and the environment around the world.