greenwash-header
GREENWASH-MOBILE-2

Three Gold Sponsors of the the Tokyo Games are involved in dirty coal investment and rainforest destruction. This is making the global climate emergency worse.

Sponsors consider the Games as a great opportunity to put the capital on the path towards sustainability and the Organising Committee says that it aims for a carbon-neutral event. But while athletes will compete for medals made of recycled metal and stand on recycled plastic podiums, these efforts do not even come close to the action needed to address the climate emergency.

Gold Sponsors

Three of the Gold Sponsors are major backers of coal in the world — lending and underwriting for coal developers. These sponsors SMBC, Mizuho and Tokio Marine continue to fund a massive fleet of coal-fired power stations in Japan and abroad. This is a catastrophe for the planet — worsening deadly air pollution and driving climate change to devastating levels. These same sponsors are funding the destruction of tropical rainforests, eliminating the best natural carbon sinks in the world.

Rainforest destruction

In a flagrant breach of the Games commitment to sustainability, wood from threatened South-East Asian rainforests has been used to build Olympic venues including the national stadium. Much of the wood was supplied by a company funded by Gold Sponsors SMBC and Mizuho and sourced from a notorious logging and palm oil company that is stealing community land and destroying rainforests in Indonesia. Not only that, some of this wood came from rainforests that were converted to coal mines. Given links between biomass and tropical deforestation, the Tokyo Games' reliance on biomass as part of their 'renewable energy' solution might very well be furthering deforestation.

Rainforest destruction

In a flagrant breach of the Games commitment to sustainability, wood from threatened South-East Asian rainforests has been used to build Olympic venues including the national stadium. Much of the wood was supplied by a company funded by Gold Sponsors SMBC and Mizuho and sourced from a notorious logging and palm oil company that is stealing community land and destroying rainforests in Indonesia. Not only that, some of this wood came from rainforests that were converted to coal mines. Given links between biomass and tropical deforestation, the Tokyo Games' reliance on biomass as part of their 'renewable energy' solution might very well be furthering deforestation.

Timber is being cleared from orangutan habitat in Borneo, and supplied to the Tokyo Olympics with financing from SMBC.

Tell Japan: stop funding coal power

Join the global campaign to stop the Japanese government and the Olympic corporate sponsors from funding more coal-fired power stations.

News

[Joint Press Statement] Inadequately aligned with Paris Agreement, Mitsubishi UFJ Financial Group lags far behind its international peers

Launch of Japan Beyond Coal campaign to phase out coal power

Tell Japan’s Ministry of Foreign Affairs and Sumitomo Corporation: Act on Climate and Cancel the Matarbari Phase II Coal Power Plant

NGO Statement: TEPCO must be dropped from Consideration as Consultant for review of the Power System Master Plan of Bangladesh

The 5 reasons the Vung Ang 2 coal power plant is a financial and environmental disaster

[Joint Statement] SMBC Group announces a new coal policy, but it is still not aligned with the Paris Agreement

NGOs Urge Japan’s Three Megabanks to not Finance the Bluewaters Coal-fired Power Station in Australia

Japan takes two steps forward, one step back on overseas coal finance – Coalition calls for end to financing for new coal projects without exception –

Sumitomo Releases More Rhetoric on Climate as it Doubles Down on Coal

NGOs protest the Japanese Government’s revised policy on overseas coal power projects as it still goes against Paris climate goals

Massive global shareholder backing for Mizuho climate shareholder proposal

SAVE INDONESIAN FARMERS AND FUTURE GENERATIONS FROM JAPAN-SUPPORTED DIRTY COAL ENERGY!

Share

Say no to coal and say it loud.