Home » Corporate social responsibility » Initiatives from the public authorities and other stakeholders » ING: three NGOs file complaint with Dutch contact point for the OECD, demanding that the bank ceases investment in the palm oil sector ING: three NGOs file complaint with Dutch contact point for the OECD, demanding that the bank ceases investment in the palm oil sector Through . Published on 19 July 2019 à 15h20 - Update on 19 July 2019 à 16h18 Resources On 5 July, environment-focused NGOs from three different countries – Milieudefensie (Netherlands), Sustainable Development Institute (Liberia) and Wahana lingkungan Hidup Indonesia – announced that they have filed a complaint with the Netherlands’ contact point for the OECD (Organization for Economic Cooperation and Development) against the Dutch banking group ING. The complaint regards the bank’s funding of three palm oil companies: Noble Group, Bolloré Group/Socfin and Wilmar International. The NGOs allege that these companies are involved in large-scale deforestation of tropical rainforest (Noble Group), land grabbing (Bolloré Group/Socfin) and child labour (Wilmar International). They demand that ING divests from these palm oil companies and the industrial palm oil sector as a whole. According to the complainants, if the Dutch contact point upholds the allegations, ING risks being excluded from trade missions, subsidies and government support abroad. See the full statement in English here. Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialité.EmailThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels