The aim of Knowmore.org is to raise awareness of corporate abuse, and to serve as a catalyst for direct action against corporate power.

Ethical Consumerism is an important movement toward corporate reform, through which individuals recognize their own role in systems of oppression, and take personal steps toward resistance and  positive change.

However, the problem of unchecked corporate power is systemic and goes far beyond the scope of any single boycot or campaign.

Once you've seen enough of Knowmore's data and familiarized yourself with our Issues section, check out our Direct Action page to get involved!

From Knowmore.org

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[edit] Criticism

[edit] Business Ethics

• US: Banks prone to sell minorities pricy loans: "The largest U.S. banks sold expensive subprime loans more frequently to minorities than whites, according to a study released Wednesday by a community activist group."

• HSBC Activist Levels New Criticisms: "Activist shareholder Knight Vinke Asset Management, which has been waging a campaign against HSBC Holdings PLC since September, added to its complaints against the banking giant."

• Credit Crunch: HSBC Is Sued Over Valuation of Fund's Bonds: "A U.S. real-estate fund has sued HSBC Holdings PLC, alleging that the British bank's U.S. mortgage-trading operations took advantage of the crisis to profit at the expense of the fund."

[edit] Environmental

• HSBC Banking on Deforestation: HSBC continue to invest in the notorious rainforest destroyer Sinar Mas in Indonesia. Sinar Mas continues to clear the rainforest habitat of the orang-utan, has been shown as recently as April 2010 to be in the process of clearing forest for palm oil plantations and is draining peatland in an internationally recognised wetland area to make the land suitable for palm oil production.

This is highly contradictory to the image of protecting the planet the bank often boasts. [1]

[edit] Praise

[edit] Brands & Subsidiaries