Singapore banks may curb financing of firms in ‘zero-tolerance’ approach to open burning, deforestation

SINGAPORE – Singapore banks could reduce funding or exit relationships with errant companies, based on a “zero-tolerance” approach to open burning and deforestation practices among the companies they finance.

This comes amid growing scrutiny of firms linked to the region’s haze crisis.

Source : https://www.straitstimes.com/business/singapore-banks-may-curb-financing-of-firms-in-zero-tolerance-approach-to-open-burning-deforestation