- Gulzhan Musaeva, an independent financial analyst writes about CIMB’s sustainability commitments. CIMB is Malaysia’s second largest bank and a major leader to regional plantation companies.
- Musaeva argues that CIMB’s reluctance to address the issues associated with forest sector borrowers head-on casts doubt on its sustainability aspirations.
The conversion of forest to other land use independently whether human-induced or not
Source: Global Forest Resources Assessment 2020, FAO 2018